TrumpCoin Pumps 120% as Political Tokens Like FreeDum Fighters Continue to Soar
TrumpCoin (DJT) is making headlines with a 120% surge in the past 24 hours.
Driven by election season buzz, DJTs rally shows how PolitiFi coins are causing huge excitement.
And its not the only one in the spotlight newcomers like FreeDum Fighters (DUM) are getting in on the action as this niche heats up.
TrumpCoin Makes a Comeback with 120% Price Surge
TrumpCoins recent spike is a surprising comeback for a token that seemed all but forgotten.
Launched in July, DJT had a brief moment in the spotlight before it nosedived, losing 98% of its value between late July and early October.
But lately, the coin has shown signs of life, with its price now at $0.00095 its highest since a quick spike in mid-September.
Spot trading volumes have exploded, up 344% to $1.5 million, suggesting that interest in TrumpCoin is growing.
This activity has also pushed the coins market cap to $9.2 million.
CoinMarketCap data shows that 88% of current sentiment is bullish, a strong indication that retail traders are betting on this PolitiFi tokens long-term prospects.
Whether TrumpCoins rise has staying power is up for debate but the current bullishness is hard to ignore.
PolitiFi Coins Gain Momentum as US Election Day Approaches
With the US election less than a day away, political-themed cryptos are seeing increased demand.
The PolitiFi sector as a whole has seen $293 million in spot volume since yesterday, pushing its market cap to $709 million.
Most of these coins have posted gains in the past 24 hours.
TRUMP and MAGA are up by 18% and 19%, respectively, but its TRUMP 47 thats stealing the show with an 88% rally.
This rally is unfolding even as Donald Trumps poll numbers soften.
Polymarket data shows that just 58% of people now believe that he will become the next US president.
Market participants fail to realize PolitiFi season hasnt even started.
Most contested election of our lives two days away, expect PolitiFi to outperform the entire meme market from Election Day till Inauguration Day. $MAGA is the biggest decentralized coin in the space with pic.twitter.com/AQ7QSKqvGu
MAGAZION (@pepebills42069) November 3, 2024
Despite these falling odds, crypto influencer MAGAZION is still bullish on the sector.
He suggested that PolitiFi coins could outperform the rest of the market from election day through inauguration.
For traders, this feels like a rare opportunity where politics and crypto might come together to generate enormous profits regardless of the elections outcome.
Its creating a high-risk, high-reward scenario enticing traders seeking quick gains.
Whether it lasts is anyones guess but its bound to be an exciting few days.
FreeDum Fighters Goes Viral with High-APY Staking App & $410K Presale Raise
FreeDum Fighters is benefiting from these bullish conditions, raising over $410,000 in its presale phase.
The project combines political humor and meme energy featuring characters like MAGATRON and Kamacop 9000 as mechanized takes on the two presidential candidates.
FreeDum Fighters core feature is a Vote-to-Earn system.
In this system, users can choose a side, stake their DUM tokens to support their candidate, and earn extra tokens as a reward.
Stakers backing MAGATRON will see a lower APY due to his popularity, while those who align with Kamacop 9000 get a higher yield.
This encourages users to think strategically.
FreeDum Fighters will host weekly debates alongside this staking system, with the winning side receiving extra DUM rewards.
Not many other PolitiFi coins offer this level of utility.
Early investors can now secure DUM tokens during the presale for just $0.000065 each.
However, that price will rise in less than one day when the next stage begins.
Given all the buzz around the election, FreeDum Fighters Telegram channel members are rushing to get in early, believing DUMs price could rocket after it lists on exchanges.
YouTuber Jacob Bury shares this sentiment.
He released a video earlier this month where he stated that DUM would 10x once available on the open market.
So, with demand rising by the day, FreeDum Fighters could be a PolitiFi coin worth keeping an eye on.
Visit FreeDum Fighters Presale
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