As the 2024 US Election approaches, meme coins Doland Tremp and MAGA (TRUMP) have gained significant popularity.
And now, a new meme coin called FreeDum Fighters has launched and aims to explode next.
Traders Tip More Growth for TREMP and TRUMP
Fueled by a growing appetite for PolitiFi meme coins, Doland Tremp and MAGA (TRUMP) are surging this month.
And with the election just weeks away, these PolitiFi meme coins show no signs of slowing down.
Starting with TREMP, it’s currently trading at $0.3719, holding a $37 million market cap and up 184% in the past month.
Donald Trump is increasingly becoming the odds-on favorite in the blockchain predictions market, Polymarket.
Analyst Crypto Dreamer noted that competitor token Jeo Boden did a 25x due to being Polymarket’s favorite, alluding that Tremp could also primed for explosive gains.
🚨 US elections are Nov 5th, 2024! Polymarket predicts a Trump victory (61.5% vs 38.5%). The rumor of Trump's victory is driving the markets! 📈
— Crypto Dreamer | Lead Researcher || Meme Hunter (@DreamBigger0x) October 18, 2024
Remember $BODEN? It did 25x+ on PolitiFi hype, jumping from $25M to an $800M market cap! Now $TREMP is sitting at $36M. 💰
Here are… pic.twitter.com/DUhJUCSH99
Similarly, Hammi Bennet notes that TREMP is trading inside an “obvious” bull flag and will book 3-5x gains in the coming weeks, fueled by the electoral catalyst.
Bullflag printing on most trump coins$TREMP is great resilience wise. has the holders attention and longevity
— Hami Bennett Ballers (44.4%) (@BennettHamiora) October 17, 2024
Its the most obvious run up until Nov 5th – 6th for post announcement aftermath
Im positioned accordingly, easiest 4-5x play in the coming 3 weeks pic.twitter.com/btrmgjfShe
Moving to MAGA (TRUMP), it’s currently trading at $5.35, holding a $234 million market cap and up 156% in the past month.
It’s currently the leading PolitiFi crypto by market cap, and it has received a notable boost this week from securing a gold checkmark on X.
Analyst 0xMo.Eth noted this and highlighted that its on-chain holder count is rising, and its price is about to break a crucial resistance. Based on this, he anticipates a strong leg up in the coming days, catapulting TRUMP over 3x in price.
$MAGA has been the #1 trending meme coin in crypto across all major platforms.@MAGACoinX just received its gold checkmark as the official $MAGA ticker in crypto.$MAGA has now surpassed 22k holders and is battling resistance for its first major breakout.
— 0xMo.eth (@MoEthWhale) October 18, 2024
BUY $MAGA COIN TODAY! pic.twitter.com/ErRrEuCqra
Meanwhile, analyst Ethan targets $47 for TRUMP, which is almost a 10x gain from its current price. Ethan notes that the meme coin began to break out when Donald Trump took the lead on Polymarket.
Now with a 20% lead via Polymarket, I expect the below to start playing out
— Ethan (@Ethanh141) October 16, 2024
What a coincidence that $TRUMP (@MAGAMemecoin) started to break out as well
$47 is FUD https://t.co/5q7Y62EKBH pic.twitter.com/WdFrqIX3rz
With the PolitiFi meme coin sector gaining pace, FreeDum Fighters is another that looks promising, having raised $100K on its opening day of presale. Let’s take a closer look.
New PolitiFi Meme Coin FreeDum Fighters Lets You Speculate Who’ll Win the Election – Next to Explode?
FreeDum Fighters offers a unique spin on the existing PoltiFi meme coin model.
All cryptocurrencies are speculative, but FreeDum Fighters offers a more sophisticated version of speculation via reward pools based on real-world events.
The platform has two staking pools, one for Trump, called “MAGATRON,” and one for Harris, called “Kamalacop 9000.” Investors can commit their $DUM tokens to either pool, and they’ll receive airdrop rewards based on the performance of their chosen candidate.
So, let’s say Harris takes the lead in the polls. Then, Kamalacop 9000 voters would receive additional rewards.
But suppose Trump outmaneuvers Harris, then MEGATRON voters would be rewarded more.
It’s a setup that adds excitement, competitiveness, and an element of skill to an otherwise outlandish and light-hearted meme coin.
There are also other ecosystem features that could make this a long-term project. For instance, there will be weekly debates where community members can explore political ideas and philosophies. Winners will be airdropped $DUM.
The PolitiFi narrative is heating up, and FreeDum Fighters provides it with a new facet of entertainment.
Should the narrative keep rising as expected, then $DUM is undoubtedly worth watching.