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Is Ripple's CTO Resignation Bearish for XRP Price? Key Levels to Watch Now and the 50x ...

Retrieved on: 2025-10-03 18:14:04

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Is Ripple's CTO Resignation Bearish for XRP Price? Key Levels to Watch Now and the 50x .... View article details on hiswai:

Summary

This article examines Ripple's recent challenges following its CTO's departure and explores Mutuum Finance as an emerging DeFi alternative gaining investor attention.

XRP faces downward pressure after forming a bearish Head & Shoulders pattern, trading around $2.86 amid uncertainty from CTO David Schwartz's retirement announcement. Meanwhile, Mutuum Finance has attracted significant interest during its Phase 6 presale, raising over $16.7 million from more than 16,710 investors with MUTM tokens priced at $0.035.

  • Mutuum Finance offers a dual lending ecosystem with dynamic interest rates and Chainlink oracle integration for real-time asset valuations
  • The platform has implemented security measures including a $50,000 bug bounty program with CertiK and a $100,000 investor giveaway
  • MUTM tokens provide governance rights in a fully decentralized system designed to maximize liquidity utilization
  • Early presale participants may benefit from potential 50× upside as the project builds momentum in the DeFi space

Article found on: www.mitrade.com

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