Charles Hoskinson Predicts Ethereum Will Permanently Disappear

The founder of Cardano Charles Hoskinson has generating market-wide attention by predicting that Ethereum will permanently disappear

The founder of Cardano (ADA) has sparked interest by predicting that Ethereum (ETH) will vanish completely in 10 to 15 years as it’s riddled with scaling difficulties and governance problems.

During a recent virtual AMA session, Charles Hoskinson, the creator of Cardano, stated that users are shifting toward competing platforms because Layer-2 solutions are draining Ethereum of its energy. This prediction comes as Mutuum Finance (MUTM) continues its successful presale, raising $7.3 million from 9,200 holders and 425 million tokens sold.

The token sale has achieved significant success despite the challenges faced by Ethereum, which might render it unable to perform optimally in the long term.

Three critical problems

The topic of Ethereum’s survival has been heating up as crypto market observers analyze its prospect for survival. The platform faces potential failure from three critical missteps including proof-of-stake system, accounting model and virtual machine implementation according to Hoskinson who carries out continuous evaluation of Ethereum’s basic operational framework.

Moreover, 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.

While the future of Ethereum remains uncertain, new projects have emerged, offering innovative solutions to fulfill DeFi requirements. Among these projects, Mutuum Finance (MUTM) has capitalized on the existing uncertainty in the market to stand out.

Mutuum Finance’s presale is heating up

The project continues its progress through phase 4 which constitutes 11 stages of its presale during which tokens are available at $0.025 each. The project has sold 425 million tokens so far and the total number of tokens to be sold is 1 billion.

Investors have been massively 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 success of the Mutuum Finance (MUTM) presale is evident as it has drawn $7.3 million in 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.

The potential of Mutuum Finance

The Mutuum Finance (MUTM) platform is developing an advanced DeFi infrastructure with an innovative lending model. The platform provides users with a way to obtain passive income from loans which require more collateral than needed. This unique model is designed to generate stable and sustainable returns for lenders over time.

Moreover, 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.

Mutuum Finance (MUTM) has also secured CertiK to perform a smart contract audit of the system. As a priority, the project ensures the safety of user funds and will be sharing the results from CertiK on its official social platforms to establish greater confidence among investors.

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