在市場的關鍵時刻，聚光燈通常會降落在比特幣上。

比特幣（BTC）最近穩定在緊密的範圍內，價格動作顯示了在歷史高潮附近猶豫的跡象。

The cryptocurrency market is known for its rapid shifts and surprising trends. While Bitcoin often commands the majority of attention, several other projects are quietly gaining traction with large investors. As BTC stabilizes within a tight range ahead of a potential breakout or deeper consolidation, a significant portion of market capital is being repositioned.

加密貨幣市場以其快速變化和令人驚訝的趨勢而聞名。儘管比特幣經常引起大多數關注，但其他幾個項目正在悄悄地吸引大型投資者。隨著BTC在潛在的突破或更深層次的整合之前的緊密範圍內穩定下來，重新定位了很大一部分市值。

During this moment of relative calm, several new opportunities are catching early attention. While traders are focused on the immediate technical levels for Bitcoin and the macroeconomic factors that could influence its next move, several other tokens are being quietly accumulated by whales.

在相對平靜的這一刻，一些新的機會引起了早期關注。儘管交易者專注於比特幣的直接技術水平以及可能影響其下一步行動的宏觀經濟因素，但鯨魚正在悄悄地積累其他幾個代幣。

These tokens, many of which are designed with clear use cases and have already generated early momentum, are becoming increasingly attractive to large holders who are diversifying their portfolios and seeking out promising projects with high growth potential.

這些代幣，其中許多是用清晰的用例設計的，並且已經產生了早期的動力，對那些多元化投資組合併尋找具有較高增長潛力的有前途的項目變得越來越有吸引力。

One of the clearest examples of this shift in focus is the growing whale activity around Mutuum Finance (MUTM).

這種焦點轉變的最清晰的例子之一是Mutuum Finance（MUTM）周圍的鯨魚活動不斷增長。

Mutuum Finance (MUTM) is a decentralized lending protocol that allows users to supply crypto assets and earn interest, or borrow against overcollateralized positions without selling their holdings. The platform’s mtTokens offer efficient and scalable liquidity management, enabling users to participate in DeFi protocols with maximum flexibility.

Mutuum Finance（MUTM）是一種分散的貸款協議，允許用戶提供加密資產並賺取利息，或者在不出售其持股的情況下借用過度補償職位。該平台的mttokens提供了有效且可擴展的流動性管理，使用戶能夠參與具有最大靈活性的DEFI協議。

However, what’s driving attention now is not just the product—it’s the presale. The MUTM token is currently in Phase 3 of its presale, priced at $0.02, and already more than 81% of the current phase is complete. Over 6,900 holders have joined the project, and the total funds raised have surpassed $5 million.

但是，現在引起關注的不僅僅是產品，而是預售。 MUTM令牌目前處於其預售的第3階段，價格為0.02美元，並且已經完成了當前階段的81％以上。超過6,900個持有人加入了該項目，籌集的總資金超過了500萬美元。

These are numbers that point to clear momentum, especially at such an early stage. And as the presale progresses, the price of the token will increase, offering less opportunity for those who enter later.

這些是要清除動力的數字，尤其是在如此早期的階段。隨著預售的進展，令牌的價格將上漲，為後來進入的人提供的機會較少。

What’s creating the growing sense of urgency is the structure of the presale itself. Once the current phase sells out, the price will rise to $0.025 in Phase 4—marking a 25% jump for new participants. That’s why some investors, including large holders, are acting now.

產生日益增長的緊迫感的是預售本身的結構。一旦當前階段售罄，第4階段的價格將上漲至0.025美元，標誌著新參與者的25％增長。這就是為什麼一些投資者（包括大型持有人）現在正在行動。

Early buyers are locking in a price point that many believe won’t be available much longer. They are also aiming to capitalize on Mutuum’s expected launch price of $0.06, meaning investors entering at $0.02 could see a 3x return right at launch. The token is expected to reach $1.50 following its exchange listings, which would translate to a 7,400% increase from the current $0.02 presale price.

早期的買家正在鎖定許多人認為不會更長的價格的價格。他們還旨在利用Mutuum的預期發行價為0.06美元，這意味著投資者的投資者為0.02美元，可能會在發佈時獲得3倍的回報。在其交換清單後，該令牌預計將達到1.50美元，這將使目前的預售價格比當前的0.02美元增加7,400％。

This growth is backed by strong market demand, increasing adoption, and a product that delivers real on-chain utility—factors that are driving more investors to take early positions.

這種增長得到了強勁的市場需求，收養的增加以及提供真正的鏈實用程序的產品，即促使更多投資者提早職位的因素。

Mutuum isn’t just another token. It’s a platform built with functionality in mind. All deposits are non-custodial and fully on-chain, giving users complete control of their funds. mtTokens—Mutuum’s interest-bearing deposit tokens—track earnings in real time and can be moved freely, used as collateral, or redeemed later.

Mutuum不僅是另一個令牌。這是一個構建功能的平台。所有存款都是非監測的，並且完全鍊鍊，使用戶完全控制其資金。 Mttokens（Mutuum的利息存款代幣）實時追踪收益，可以自由移動，用作抵押品或以後贖回。

On top of this, a portion of the protocol’s revenue is set aside for token buybacks, with the acquired MUTM distributed specifically to mtToken holders—helping balance supply while directly rewarding those who contribute liquidity to the platform.

最重要的是，該協議收入的一部分是為代幣回購而擱置的，而被收購的MUTM專門分發給了Mttoken持有人 - 助圖餘額供應，同時直接獎勵那些為平台貢獻流動性的人。

The team’s focus on transparency and structure is what’s helping build trust. While hype-driven tokens often burn out quickly, Mutuum has been gaining traction through consistency. The project has also undergone a thorough audit process with CertiK, with the official report expected to be released soon—another step that adds to long-term credibility.

團隊對透明度和結構的關注是有助於建立信任的原因。雖然炒作驅動的代幣經常迅速燃燒，但Mutuum一直通過一致性獲得關注。該項目還與Certik進行了徹底的審計過程，預計將很快發布官方報告，這是增加長期信譽的另一個步驟。

As Bitcoin continues to dominate the macro conversation and traders await its next pivotal move, smaller opportunities like MUTM are being quietly picked up by investors who prefer to move early rather than react late.

隨著比特幣繼續主導宏觀對話，交易者在等待下一個關鍵舉動，諸如MUTM之類的較小機會被寧願早點移動而不是遲到的投資者悄悄地接收。

With every new milestone—whether it’s user growth, funds raised, or presale progress—the window to enter the presale before the next price increase becomes narrower.

隨著每個新的里程碑（無論是用戶增長，籌集的資金還是預售），在下一個價格上漲之前進入預售的窗口變得更狹窄。

While others are waiting for BTC to break through a major resistance or pull back sharply from all-time highs, some are already positioning themselves where the momentum is building.

雖然其他人正在等待BTC突破主要的阻力或從歷史最高點急劇向後拉，但有些人已經將自己定位在動量正在建立的位置。