The founder of Cardano Charles Hoskinson has generating market-wide attention by predicting that Ethereum will permanently disappear between 10 to 15 years. During a virtual AMA session on April 23 the founder stated that scaling difficulties and governance problems represent insurmountable obstacles for Ethereum’s survival.
The creator of Cardano Hoskinson declared users are shifting toward competing platforms because Layer-2 solutions are draining Ethereum of its energy. The market prediction supports a growing popularity of the DeFi project Mutuum Finance (MUTM) while its presale continues to drive significant success with $7.3 million and 9,200 holders. The token sale has achieved significant success because investors have purchased 9,200 holders and 425 million tokens while raising $7.3 million during presale activities. Mutuum Finance (MUTM) might establish itself as an alternative solution to Ethereum.
Ethereum’s looming challenges
Hoskinson carries out continuous evaluation of Ethereum’s basic operational framework. The platform faces potential failure from three critical missteps including proof-of-stake system, accounting model and virtual machine implementation according to him.
An increasing number of users are moving to Layer-2 networks which lead to decreased Ethereum usage and form a destructive market trend. The adoption of RISC-V by Vitalik Buterin for efficiency does not convince Charles Hoskinson. According to Hoskinson technical improvements alone do not have the power to fix Ethereum’s fundamental problems.
The future of Ethereum’s existence remains under scrutiny as crypto market observers analyze its prospect for survival. New projects have capitalized on this opportunity by developing innovative solutions to fulfill DeFi requirements.
Mutuum Finance’s Presale Surge
The existing uncertainty in the market allows Mutuum Finance (MUTM) to capitalize. The project continues its progress through phase 4 which constitutes 11 stages of its presale during which tokens are available at $0.025 each.
Numerous investors take part in buying up tokens because the Mutuum Finance (MUTM) project promises 140% profit until tokens reach a listing price of 0.06 dollars. During phase 5 the token price will rise 20% to $0.03 whereas investors who bought at present will earn 20% profits when the new phase activates.
The Mutuum Finance (MUTM) presale’s success becomes undeniable because it has drawn $7.3 million investment during which 9,200 people decided to become holders. Professional analysts speculate that the Mutuum Finance (MUTM) token value will reach $2.50 following its launch which offers investors an incredible 9,900% return from its present value.
Mutuum Finance (MUTM) Innovative lending model
The Mutuum Finance (MUTM) platform develops an advanced DeFi infrastructure. The platform provides users with a way to obtain passive income from loans which require more collateral than needed. MtTokens issued by the project reflect earning deposits which increase project value while producing time-based liquidity additions. The team introduced a new dashboard which presents the top 50 holders who receive bonus tokens when they preserve their positions on the leaderboard. Security remains a top priority because CertiK executes a smart contract audit of the system. Relying on official social platforms the project team will share results to establish greater investor confidence.
A new DeFi horizon
The prediction of Ethereum’s decline drives Mutuum Finance (MUTM) to establish itself as an upcoming leader in the market. Its structured tokenomics and real-world utility contrast with Ethereum’s struggles. The fourth phase of the Mutuum Finance presale presents a decreasing opportunity for investors who want to participate in the cryptocurrency market’s evolution.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://www.mutuum.finance/
Linktree: https://linktr.ee/mutuumfinance
Disclaimer: For information purposes only. Past performance is not indicative of future results.
