Citing Cryptonews, Shiba Inu (SHIB) has lost momentum, trading near $0.0000120 with a market cap of $7.5 billion, while DeFi token Mutuum Finance (MUTM) has surged 250% and attracted over 16,800 investors. MUTM, priced at $0.035, is building a decentralized lending and borrowing ecosystem with features like dual-lending markets and real-time yield-bearing mtTokens. The presale has raised $17.1 million, and the token has passed a CertiK audit with a score of 90/100. Analysts highlight MUTM’s utility-driven model as a contrast to SHIB’s meme-based appeal, suggesting it offers more long-term growth potential.
Shiba Inu Slips as DeFi Token Mutuum Surges 250%
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