Invezz
2025-07-21 15:30:00

Should you buy ETH and this cheap altcoin as Bit Digital acquires 19,683 ETH?

Bit Digital Inc. just acquired 19,683 Ethereum tokens. This $67.3 million purchase expands their total ETH holdings to a massive 120,306. Investors reacted swiftly, pushing Bit Digital’s stock up 6%. This institutional embrace signals strong confidence in Ethereum’s infrastructure and staking future. Consequently, attention turns to the broader crypto market. Where should investors look next? One affordable altcoin presents a compelling case amidst this institutional shift. Ethereum momentum builds toward $4,000 Ethereum itself is enjoying powerful momentum. Its price has surged nearly 70% within a month. This impressive climb added over $150 billion to its market cap. Significant short liquidations fueled much of this rise. Traders initially bet heavily against ETH, expecting a fall. Their forced buying to cover losses accelerated the rally. Major players like BlackRock contributed heavily. They made record daily purchases nearing $500 million. President Trump’s financial group also entered the market, acquiring $5 million worth. Technical analysis suggests ETH could soon challenge $3,903 resistance. Breaking this level potentially opens a path toward the $4,000 mark. However, caution remains wise. The Relative Strength Index (RSI) sits at 83.6, indicating overbought conditions. Current crypto prices reflect intense volatility. Mutuum Finance presale offers ground-floor potential Simultaneously, Mutuum Finance (MUTM) has grabbed significant investor attention. Its presale has advanced successfully to Phase 5. Enthusiasm is palpable, evidenced by over $12,700,000 raised since the presale began. More than 620 million tokens have found buyers. Total MUTM holders now exceed 13,700 individuals. This altcoin delivers tangible utility through a dual lending model. Users maintain full ownership of their assets. Peer-to-Contract lending uses dynamic smart contracts for automated efficiency. Alternatively, Peer-to-Peer lending enables direct, customizable agreements. Furthermore, Mutuum Finance is developing its own USD-pegged stablecoin. This addition promises enhanced ecosystem liquidity and stability. Phase 5 presale: limited-time entry point Phase 5 is currently underway and over 85% filled. This offers a closing window for investors seeking maximum upside. The current presale price sits attractively at $0.03 per MUTM token. This represents a significant 200% increase from the opening phase price of $0.01. Buying now provides a clear path to immediate gains. The token will launch at $0.06 across exchanges. Consequently, securing tokens in Phase 5 guarantees a 100% return on investment at launch. Phase 6 will commence next, introducing a 16.7% price hike to $0.035. This altcoin presents a unique crypto investment opportunity before its public debut. Robust security underpins Mutuum Finance Security remains paramount for any crypto investment. Mutuum Finance prioritises this rigorously. The project successfully completed a comprehensive audit by CertiK, a top blockchain security firm. This audit achieved an outstanding 95.00 security score. To further bolster security, Mutuum Finance launched an official Bug Bounty Program with CertiK. A substantial $50,000 USDT reward pool incentivizes ethical hackers. Furthermore, Mutuum Finance is actively cultivating a strong community. A generous $100,000 MUTM giveaway is currently energizing participation. Ten fortunate winners will each receive $10,000 in MUTM tokens. Moreover, the project recently unveiled a dynamic dashboard. This includes a leaderboard showcasing the top 50 token holders. These leading holders will earn bonus token rewards for maintaining their positions. Clear value proposition for forward-thinking investors Mutuum Finance (MUTM) stands out in the current crypto investment climate. It moves beyond pure speculation towards genuine financial utility. The ongoing presale Phase 5 offers a tangible 2x return at launch. Looking further ahead, analysts project substantial growth potential post-launch. Realistic targets suggest MUTM could reach $1.50 within a reasonable timeframe, representing significant upside. Bit Digital’s major Ethereum acquisition highlights institutional faith in crypto’s future. This altcoin, Mutuum Finance, offers individual investors a parallel opportunity. It combines innovative DeFi solutions with a rapidly progressing presale. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance The post Should you buy ETH and this cheap altcoin as Bit Digital acquires 19,683 ETH? appeared first on Invezz

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