Dogecoin’s Path to $1 Remains Rocky, While Traders Flock to a New Token Promising 11,000% ROI
The post Dogecoin’s Path to $1 Remains Rocky, While Traders Flock to a New Token Promising 11,000% ROI appeared on BitcoinEthereumNews.com.
Dogecoin’s quest for the elusive $1 mark in 2025 is facing headwinds, with DOGE’s price dropping by over 45% from December’s $0.48 peak to about $0.26. Although some analysts point to a long-term rebound—potentially leading to a 276% gain—realizing such an outcome hinges on improved market conditions, including Bitcoin’s next move and Dogecoin’s ability to remain above $0.50. In the meantime, many investors are shifting focus to Mutuum Finance (MUTM), a DeFi lending platform whose presale recently eclipsed $1 million from 2,010 holders in just days. Priced at $0.01, 94% of the Phase 1 supply is now sold, affording early backers a 600% gain at launch and a potential 11,000% surge to over $1. Phase 2 of the presale will raise the token price by 50% to $0.015, giving prospective buyers limited time to secure the current rate. Dogecoin Struggles DOGE’s underperformance in 2025 arises from a confluence of factors, including Bitcoin’s sideway trading and loss of momentum following the sell-off post–Trump inauguration. With the meme coin hovering near a critical support level around $0.22, advocates of the Elliott Wave theory suggest the ongoing downturn could represent the concluding phase of a correction. That scenario, however, depends on Dogecoin regaining strength above $0.50, a level untested since July 2023, and broader macro trends—such as a spot ETF approval—bolstering overall crypto sentiment. Mutuum Finance (MUTM) Captures the Spotlight As Dogecoin faces uncertain catalysts, Mutuum Finance (MUTM) is surging in popularity with a record-breaking presale. The project’s decentralized lending platform leverages both peer-to-contract (P2C) and peer-to-peer (P2P) models, enabling lenders to earn passive income on assets and borrowers to obtain liquidity without selling their core crypto. Over 2,010 holders have joined the presale, raising $1.03 million in under a week at $0.01 each. Investors secure an assured 600% profit at the token’s…
Filed under: News - @ February 22, 2025 8:23 pm