The first hint to crack the puzzle "Initials on a towel, for example" is:

It is a word which contains 8 letters

The second hint to crack the puzzle "Initials on a towel, for example" is:

It starts with letter m

The third hint to crack the puzzle "Initials on a towel, for example" is:

It ends with letter m

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The answer for the puzzle "Initials on a towel, for example" is: