Eric Trump cheers ETH short liquidations, but which is the best crypto to buy now?

1 day ago 10

Eric Trump has publicly celebrated significant Ethereum short liquidations.

His comments surfaced on August 8th, 2025, following a sharp ETH price surge.

The cryptocurrency climbed 4.6%, surpassing $4,000 for the first time since late 2024.

This price jump triggered roughly $105 million in ETH short position liquidations within a single day.

Furthermore, substantial spot Ether ETF inflows, nearing $537 million over four days, are fueling this bullish sentiment.

Consequently, the search intensifies for the best crypto to buy now beyond Ethereum.

Investors are actively examining crypto charts for emerging opportunities, and Mutuum Finance (MUTM) is taking the lead.

Ethereum momentum post-short squeeze

Ethereum’s recent performance is commanding investor attention.

Its price ascent above $4,000 caused considerable pain for bearish traders.

These liquidations represented over half of all crypto short losses recorded that day.

Market observers highlight growing institutional interest as a key driver. Spot Ether ETF inflows provide concrete evidence of this trend. Some analysts project even more dramatic gains ahead.

Predictions suggest ETH could potentially reach $10,000 or even $16,000 in future cycles. This event underscores the inherent volatility within the crypto market.

Presently, the market appears self-correcting without major regulatory interference.

Ethereum’s momentum makes it a significant crypto investment, yet alternatives also beckon.

Mutuum Finance presale achieves strong traction

Simultaneously, Mutuum Finance (MUTM) is demonstrating remarkable presale progress.

Phase 6 is actively underway, offering tokens at $0.035. This represents a substantial 250% increase from the opening phase price of $0.01.

The project has already secured an impressive $14,300,000 in funding.

Moreover, over 670 million MUTM tokens have been sold to date. A growing community of 15,050 total holders now supports the project.

Phase 6 is selling out rapidly, indicating strong demand. Consequently, the window to acquire tokens at this price point is closing fast.

The imminent Phase 7 will introduce a 14.3% price hike, setting the token cost at $0.04.

Moreover, Mutuum Finance (MUTM) will officially launch at $0.06.

This structure offers current Phase 6 participants a potential 400% return post-launch.

Market analysts further project a possible rise towards $3 within the next year, adding significant long-term appeal.

Mutuum Finance security and incentives

Security remains paramount for Mutuum Finance (MUTM). The project has successfully concluded its Certik audit.

This rigorous assessment yielded an outstanding 95.00 security score.

Mutuum Finance has proactively launched an official Bug Bounty Program in collaboration with CertiK.

A substantial $50,000 USDT reward pool is available. Rewards are categorized into four tiers—critical, major, minor, and low—ensuring comprehensive coverage.

Additionally, Mutuum Finance is running a major giveaway event. They are awarding a total of $100,000 in MUTM tokens. Ten fortunate winners will each receive $10,000.