Charles Hoskinson, the founder of the popular blockchain network Cardano, recently stated that an enormous number of cryptocurrencies, close to 99%, are likely to fail. He positioned Cardano (ADA) as one of the elite 1%, highlighting its ten-year run and an impressive market capitalization exceeding $10 billion.
Despite ADA currently trading 85% lower from its record high, charts suggest that the formation of a double-bottom pattern near $0.387 could signal a breakout phase above $0.60. As liquidity levels are expected to increase during 2026, investors are shifting their focus to new crypto coin targets such as Mutuum Finance (MUTM). Mutuum Finance has reached the sixth phase of its ongoing presale, having already secured 98% of the total tokens available.
Foundations of Cardano
Hoskinson attributed the sustainability of the Cardano network to its inherent core strength. He commented that short-term market volatility and prices are often dominated by macroeconomic speculations and are not necessarily dependent on the core competency of the network. In light of the Federal Reserve ending quantitative tightening and infusing liquidity, risk-on assets like ADA are likely to witness an increase in demand.
The double-bottoming formation visible on ADA's price chart, coupled with the reversal of the Relative Strength Index (RSI) from oversold levels, could indicate the start of an upward reversal. Resistance levels could extend up to $0.60, followed by cycle peaks of $1.80, which suggest significant potential for growth. However, despite the stability depicted by ADA, investors are often on the lookout for the most advanced and rapidly growing crypto assets, such as MUTM.
Mutuum Finance Presale Enters Final Stage
Mutuum Finance is emerging as a new and promising cryptocurrency, entering the final stages of Phase 6, which is 98% complete. In Phase 6, the cost of the tokens is $0.035, representing an increase of 250% from the original presale cost of $0.01. Upon completion of this phase, the 7th phase will commence, featuring a 20% price increase, bringing the cost to $0.04.
Currently, the total amount raised for the project stands at $19,180,000, with 18,350 members, demonstrating significant investor confidence. At the proposed launch price of $0.06, individuals purchasing during the presale phase stand to gain 400% after the launch, positioning MUTM as a highly prospective investment for 2026. Beyond these characteristics, several other important aspects contribute to its appeal.
Security and Development Progress
Security and ensuring the integrity and reliability of the MUTM protocol are core priorities. An independent audit, initiated by Halborn Security and focusing specifically on Mutuum's lending and borrowing contracts, is expected to be completed shortly. This audit aims to ensure the reliability of the code base and, consequently, the protocol. The increasing pace of the presale, combined with these security measures, positions MUTM as an attractive option for investors.
In a market where well-established currencies like Cardano offer relative stability, Mutuum Finance stands out as an investment opportunity providing high growth potential as its presale reaches its climax. The project offers various assurances, including audits and testnet development, alongside incentives such as daily rewards, making it one of the most attractive options for investment portfolios.