Mutuum Finance Presale Raises Over $20.6M at $0.04 as XRP Trades Near $1.42
Mutuum Finance (MUTM) has raised over $20.6 million in its Phase 7 presale priced at $0.04, attracting more than 19,000 holders, CoinoMedia reports. The Ethereum-based lending protocol allows users to earn yield on deposits or borrow without surrendering ownership according to its whitepaper, with V1 live on Sepolia testnet, a completed Halborn Security audit, and a $50,000 bug bounty program. Onchain data show single whale allocations reaching $115,000, with token price set to rise from $0.04 to $0.045 when Phase 7 ends, according to CoinoMedia. XRP traded around $1.42 in February 2026 with an $86 billion market cap, facing resistance at $1.45, $1.60, and $1.81, with support near $1.30.