The post Ethereum (ETH) Stalls At $3,000 as Desperate Investors Rush This $0.035 Token  appeared on BitcoinEthereumNews.com. Ether is as high as $3,000, having The post Ethereum (ETH) Stalls At $3,000 as Desperate Investors Rush This $0.035 Token  appeared on BitcoinEthereumNews.com. Ether is as high as $3,000, having

Ethereum (ETH) Stalls At $3,000 as Desperate Investors Rush This $0.035 Token

Ether is as high as $3,000, having earlier gone down to $2,620, a recovery of approximately 16%. Large investors are purchasing additional ETH and the smaller ones are selling them as the price increases. Although ETH has recovered, it is yet to hit important levels of resistance and several investors are not sure whether to expect short-term returns. Ethereum is keeping everyone waiting, so many are looking at an alternative that is now seen as the best crypto to invest in now, and this is Mutuum Finance, with 99% of presale Phase 6 sold out.

Ethereum Recovers $3,000 but the momentum declines

The significant purchases and the decreased exchange balances support the return of Ethereum above the level of $3,000. Confidence in big players is demonstrated by 10,000 to 100,000 ETH big wallets having over 22 million tokens. Meanwhile, ETH in exchanges is at a nine-year low, and the pressure is taken off selling. The traffic of the network is increasing and addresses are becoming more active and more new wallets are being generated day by day.

Nevertheless, the price is reluctant. ETH has failed to cross the resistance area of $3,100 to $3,200 that analysts believe is important in order to initiate a higher move. Many investors are about to see slow upside until that level is cleared. The uncertainty arises, prompting some to stock up on one of the cryptos out there rather than wait around until the large caps see a follow through. As such, the money is shifting towards newer entries with lower entry values and higher growth rates.

Strong FOMO in Mutuum Finance Phase 6

The presale phase 6 of Mutuum Finance is almost fully subscribed. Since the presale started, it has accumulated $19.5M and has recorded 18,550 holders. Despite the price having increased by 250% from the Phase 1 price of just $0.01, the demand continues to rise. Investors recognize the growth potential found in investing in Mutuum Finance early enough.

Phase 6 gets sold out quickly. Upon its rematuration, Phase 7 starts with about 20% increase in price to $0.04. Thus, the current stage is considered as the last chance for purchasing at a lower price. Given that MUTM is set to arrive at a market with a value of $0.06, at the moment of its launch, those who acquire it are expected to gain a potential 380% increase in value. It is for these reasons cited above that most people regard Mutuum as the best crypto investment at present.

There is also the aspect of security and progress. The audit is being carried out by an independent audit company named Halborn Security. This instills trust among investors. Those who invest realize they are getting into a secure crypto platform. There is also a giveaway of $100,000 by Mutuum to enable early adoption. Every winner among the 10 will receive $10,000 worth of MUTM. This is in addition to the rush of Phase 6 because the Phase is reaching full capacity.

Ethereum is moving close to resistance, as Mutuum is nearing a sellout, so the timing is of the essence. With Phase 6 vanishing, analysts say now is the time to invest in the best crypto to buy now as the price will rise again. Mutuum Finance is expected to lead the next bull run. 

For more information about Mutuum Finance (MUTM) visit the links below:

Website: https://mutuum.com/ 

Linktree: https://linktr.ee/mutuumfinance

Source: https://www.cryptopolitan.com/ethereum-eth-stalls-at-3000-as-desperate-investors-rush-this-0-035-token/

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