Mutuum Finance (MUTM) vs Dogecoin (DOGE): Which Cryptocurrency Will Break $1 First?

Built On The Premise Of Utility

Mutuum Finance (MUTM) allows users to participate as lenders or borrowers. The lenders deposit their assets into the protocol to earn interest, while borrowers deposit collateral to access the liquidity in the pools.

To ensure the overall protection of liquidity in Mutuum Finance (MUTM), all loans must be overcollateralized. That means borrowers must deposit collateral that is worth more than the value of the assets they intend to access.

All interest rates in the protocol are based on a pools utilization rate. As the utilization rate grows, the interest rate rises, which pushes borrowers to repay their loans. At the same time, it attracts new people into the protocol, seeking out higher yields. The result is that the ecosystem ensures optimal capital utilization.

Price Discovery On The Mutuum Finance (MUTM) Protocol

Pricing on Mutuum Finance (MUTM) is determined independently using Chainlink price feeds. These are a system of smart contracts, widely used in the DeFi sector to provide reliable and secure price data. That will ensure that users have access to verifiable pricing information.

Besides the Chainlink price oracles, the protocol will implement a backup data source. Additionally, they will utilize time-weighted price averages when there is sufficient on-chain volume as a reference point.

Mutuum Finance (MUTM) Will Beat DOGE

Mutuum Finance (MUTM) is designed to dominate the DeFi industry through innovation and a commitment to security. Its design will attract a massive user base, which will drive up demand for MUTM tokens.

According to analysts, the price of MUTM tokens could rise over 32x when they go live. Coupled with the 50% discount on the tokens in the ongoing presale, this makes MUTM tokens a better buy than DOGE. If you are looking for sustainable growth in 2025 and beyond, make sure you have MUTM tokens in your portfolio.