Mutuum Finance Surpasses $16.5M in Presale Amidst September Market Volatility

Core Insights - Mutuum Finance (MUTM) has successfully raised over $16.5 million in its presale, attracting more than 16,600 token holders, with the presale currently in Phase 6 at a price of $0.035 per token, set to increase to $0.04 in the next phase [1][3] Company Overview - Mutuum Finance is a newly launched DeFi project built on the Ethereum blockchain, with a total supply of 4 billion tokens, of which 45.5% (1.82 billion tokens) is allocated for presale [3][4] - The presale has seen the sale of over 730 million tokens, indicating nearly half of the remaining presale allocation has been sold [4] Tokenomics - The launch price of the MUTM token is fixed at $0.06, suggesting a potential near 2x increase from the current presale price by the time of listing [3] - The remaining token supply is allocated for Liquidity Mining & Incentives, Ecosystem Growth & Developer Rewards, and Community Incentives & Giveaways, ensuring a balanced token distribution [4] Community Engagement - Mutuum Finance has introduced a Top 50 leaderboard for major investors, rewarding the largest holders with additional MUTM tokens based on their rankings [5] - A dashboard is available on the project's website for users to track their holdings and calculate potential ROI [5] - The project is also running a $100,000 giveaway, where ten winners will receive $10,000 worth of MUTM tokens, enhancing community participation [6]