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Dogecoin Forms Bullish Double Bottom Pattern, But Here’s Why Mutuum Finance (MUTM) Could Outshine It in 2026

Dogecoin Forms Bullish Double Bottom Pattern, But Here’s Why Mutuum Finance (MUTM) Could Outshine It in 2026

Author:
AltH4ck3r
Published:
2026-01-01 21:11:01
20
3


Dogecoin (DOGE) has recently formed a bullish double-bottom pattern around the $0.12 mark, signaling potential upward momentum for the meme coin. However, the spotlight is shifting to Mutuum Finance (MUTM), a decentralized lending protocol that’s gaining traction with a 300% growth in 2025 and promising prospects for 2026. With DOGE testing key resistance levels and MUTM’s presale selling out fast, investors are weighing their options. This article dives into the technicals, on-chain data, and why MUTM might be the next big crypto play.

Dogecoin’s Double Bottom: A Bullish Signal or Just Hype?

Dogecoin has carved out two clear support levels at $0.120 and $0.121, forming a classic double-bottom pattern—a technical indicator often preceding a trend reversal. Traders are eyeing the neckline resistance at $0.132; a breakout could propel DOGE to $0.136 or higher, according to TradingView charts. However, failure to breach this level might send it back to $0.12 support. On-chain metrics reveal accumulation trends: the average coin age has risen over two months, suggesting long-term holders aren’t selling despite a 36% unrealized loss (per MVRV ratio). DOGE’s Total Value Locked (TVL) in DeFi stands at $12.48 million, reflecting modest but steady activity.

Why Mutuum Finance (MUTM) Is Stealing the Spotlight

While dogecoin battles resistance, Mutuum Finance (MUTM) is making waves in its Phase 7 presale, priced at $0.04 per token. The project has already raised $19.5 million and attracted 18,630 holders, with tokens selling out rapidly. Early buyers could see a 425% ROI if MUTM launches at $0.06. Analysts speculate that MUTM’s DeFi-focused model and buy-and-distribute mechanism might propel it past DOGE in 2026—some even predict a $1 valuation before Dogecoin gets there. Halborn Security’s audit adds credibility, and the team’s recent dashboard update (showcasing top holders and daily $500 bonuses) has fueled FOMO. Phase 7 ends soon, with the price set to jump to $0.045 afterward.

Mutuum Finance Growth Chart

Source: Cryptopolitan

Mutuum Finance’s Edge: Transparency and Incentives

MUTM stands out with its no-purchase-limit policy and card payments for presale participation—a rarity in crypto. The project’s $100,000 giveaway (10 winners, $10,000 each) and leaderboard rewards are driving engagement. Unlike DOGE, which relies heavily on meme culture, MUTM’s value proposition lies in its decentralized lending protocol and V1 launch plans. “In my experience, projects with clear utility and audits tend to outperform hype-driven coins long-term,” notes a BTCC analyst. That said, this article does not constitute investment advice.

FAQ: Dogecoin vs. Mutuum Finance

What’s the key resistance level for Dogecoin?

DOGE faces critical resistance at $0.132. A breakout could target $0.136, while rejection may lead to a retest of $0.12 support.

How does Mutuum Finance’s presale work?

MUTM’s Phase 7 presale offers tokens at $0.04, with the next phase priced at $0.045. Investors can buy using cards, and no limits apply.

Could MUTM really hit $1 before Dogecoin?

While speculative, MUTM’s low float and DeFi utility give it a plausible path. DOGE’s market cap ($15B+) makes a $1 target harder without massive inflows.

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