Ethereum (ETH) Price Struggles to Find Support Amid Rising Competition From This Next Crypto to Explode at $0.04
The Ethereum price is still faced with tough market challenges, sticking around the levels of $2,981 and failing to break past the area of resistance at $3,050-$3,060. The latest pullback following the liquidity trend at $2,900 has stalled, with major whale addresses unloading more than 270,000 ETH, amounting to over $793 million in five days. Despite the indication that some investors are buying, the presence of overhead supply and larger unloading of coins indicates limited upside potential.
Parallel to this, Mutuum Finance (MUTM), has now entered the DeFi market as a new entrant. Currently selling for $0.04 in phase 7 of its presale, MUTM has managed to raise $19,600,000 in a relatively short period of time through…
