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Shiba Inu (SHIB) Drops 20% in Just 30 Days While Mutuum Finance (MUTM)

## Cryptocurrency Market Update: SHIB and MUTM

DBy Danielle FrostMar 21, 20262 min read

Cryptocurrency Market Update: SHIB and MUTM

Shiba Inu (SHIB) has experienced a 20% decline over the past 30 days, reflecting ongoing weakness in the meme coin sector. The token has remained below resistance at $0.000006476, with a recent 24-hour decrease of 3.2%. Support levels are near $0.00000600, while resistance is at $0.00000750. Technical indicators such as the MACD and RSI suggest limited momentum, with the RSI around 45.

The broader meme coin market, including tokens like SHIB, DOGE, PEPE, and BONK, is also under pressure, influenced by declining retail sentiment. The overall cryptocurrency market capitalization has decreased by 1.04%, and the CMC Fear & Greed Index indicates extreme fear with a reading of 12.

Mutuum Finance (MUTM) has surpassed 19,050 unique token holders, indicating growing interest. The project, which operates a non-custodial lending and borrowing protocol, has raised over $20.8 million during its presale phases. The total supply of MUTM tokens is capped at 4 billion, with 45.5% allocated to community presales.

Phase 7 of the presale is currently active, with tokens priced at $0.04. The launch price is set at $0.06. Phase 8 pricing is scheduled at $0.045, creating incentives for early participation.

Shiba Inu (SHIB) has experienced a 20% decline over the past 30 days, reflecting ongoing weakness in the meme coin sector.
Danielle Frost · Thehackingpost

Mutuum Finance has launched its V1 Protocol on the Sepolia testnet, allowing users to test features like minting mtTokens and tracking loans. The platform employs an Automated Liquidator Bot and Chainlink price feeds to ensure system stability and user asset security. Security measures include a Halborn Security audit of smart contracts and a CertiK audit score of 90/100 for the MUTM token. Additionally, a $50,000 bug bounty program is in place to encourage the identification of potential vulnerabilities.

The presale process includes a daily leaderboard, rewarding the top buyer with a $500 MUTM bonus, which has sustained transaction volumes. Multiple purchasing methods, including credit card and cryptocurrencies like ETH and USDT, enhance accessibility for a global audience.

For further information about Mutuum Finance (MUTM), visit the following links:

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Linktree: https://linktr.ee/mutuumfinance

Based on reporting by TechBullion.

AI transparency. This article was produced with the assistance of artificial intelligence and published under human editorial oversight. AI systems can make mistakes. Read how we use AI (EU AI Act, Art. 50).
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