Dogecoin ETF Approaches, But DOGE Slumps 30% This Month; New Crypto Aims for 4,500% Rally
The post Dogecoin ETF Approaches, But DOGE Slumps 30% This Month; New Crypto Aims for 4,500% Rally appeared on BitcoinEthereumNews.com.
Despite fresh momentum building around a potential Dogecoin ETF, DOGE has plummeted nearly 30% over the past month, signaling a divergence between hype and market performance. While mainstream attention remains fixated on ETF speculation, investors are shifting focus toward Mutuum Finance (MUTM), a new cryptocurrency making waves with its bold roadmap and rapidly growing retail base. At present, Mutuum Finance is at phase 5 of its presale and has sold out over 50% of this phase. The project has already received more than $11.3 million and has drawn close to 12,600 investors. In contrast to Dogecoin’s volatility, Mutuum Finance is being viewed by some analysts as a potential next crypto to explode, with price projections pointing toward a speculative 4,500% rally. Dogecoin Faces June Slump Amid ETF Developments Dogecoin (DOGE) has slid roughly 30% this month, currently trading around $0.15–$0.16, down from its early-June peak near $0.22. Despite the decline, trading volume spiked 45%, signaling persistent market activity at current support levels near $0.148–$0.152. Meanwhile, ETF momentum is building: Bitwise recently amended it’s S‑1 filing for a spot Dogecoin ETF to include tax-efficient in‑kind redemptions, a sign of growing SEC engagement. This shift mirrors broader regulatory interest in altcoin investment vehicles. Mutuum Finance (MUTM), meanwhile, continues to gain traction on the retail investor front. Mutuum Finance’s Dominates in 2025: $50,000 Bug Bounty and USD-Pegged Stablecoin Mutuum Finance plans to launch an Ethereum-based fully-collateralized USD stablecoin. The asset is stable during market downturns unlike algorithmic stablecoins which are likely to depeg in a volatile market. Mutuum Finance as a part of its focus on security and transparency has also opened its official Bug Bounty Program in cooperation with CertiK with awards amounting to 50,000 USDT. The prize is divided in four levels, critical, major, minor and low where all vulnerability levels…
Filed under: News - @ June 30, 2025 8:21 pm