Mutuum Finance Raises Over $19.4M, Surpasses 18,500 Token Holders
- Funding Achievement: Mutuum Finance has successfully raised over $19.4 million, with more than 18,500 token holders, indicating strong confidence and market demand for its decentralized finance platform, further solidifying its position in the DeFi space.
- Token Appreciation: The MUTM token has increased by 250% since its initial stage, rising from a low price of $0.035, reflecting user confidence in long-term holding and expectations for the platform's future development.
- Supply Tightening Signals: With a maximum supply of 4 billion tokens, 45.5% (1.82 billion) has already been distributed through presale phases, and as supply tightens, demand for the tokens is expected to accelerate, potentially driving up prices.
- Security Review: Mutuum Finance has passed a CertiK scan with a score of 90/100 and established a $50,000 bug bounty program to ensure platform security and user trust, laying the groundwork for future stablecoin and other functionalities.
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Technical Analysis for ALT
Technical Sentiment Analysis for Altlayer (ALT) As of , Altlayer (ALT) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ALT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, ALT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Altlayer (ALT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00298 | 0.00494 | 0.00683 | 0.00879 | 0.0107 | 0.0126 | 0.0145 |
| Fibonacci | 0.00494 | 0.00641 | 0.00732 | 0.00879 | 0.0103 | 0.0112 | 0.0126 |
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