Doland Tremp ($TREMP) is a meme coin that satirically pays homage to ex-president Donald Trump.
With Trump slightly ahead in the polls, could $TREMP explode, or is new presale FreeDum Fighters ($DUM) a better opportunity?
$TREMP Primed For Gains, But a Trump Loss Would Cause Losses
Doland Tremp fits perfectly inside the trending meme coin-PolitiFi narrative.
With its comedic take on frontrunner candidate Doland Trump, the project offers investors a light-hearted way to speculate on the election results.
Should Trump notch a victory, we’ll likely see a blowoff top for $TREMP, with its price reaching new heights.
However, official polls show it’s a coin-flip between candidates, with Trump only slightly ahead. If Harris gains ground in swing states, she’ll take the lead.
As such, traders are bracing for volatility as the election nears, but that will be especially true for projects tied to one individual candidate.
The closer to the elections we get, the more volatility we'll see. I've mentioned this before, but I can't even begin to imagine how election night is going to be.
— Daan Crypto Trades (@DaanCrypto) October 24, 2024
Likely to see up to ~5% moves up/down as results on important swing states start coming in.
Imagine alts.
If Trump loses the election, we could see major downside volatility for $TREMP, which it would be unlikely to recover from given that the main political event would have passed.
On the flip side, the crypto community is optimistic that Trump will win. Not least thanks to predictions market Polymarket giving Trump a 21.2% lead.
Analyst Sol Buren responded to a tweet predicting that “Trump is going to win big” by saying that is why he is investing in $TREMP.
The analyst reminded his audience that the project has previously 3x’d within a couple of hours, suggesting that a 3-5x gain before the election is “easy.”
This provides a target of up to $1.5.
yep. That’s why I’m bidding $tremp $Tremp is easy 100m+ which is only about 3x from here
— Sol Buren (@burenjeets) October 24, 2024
We did:
➡️ 30m to 90m within a few hours
➡️ 30m to 110m withing 4-5 days
➡️ mulitple 20-30m increses within 24h
➡️ we reached ATH from 30m to 155m in only 10 days
But now we have even… pic.twitter.com/pYtcK1Xy0W
Meanwhile, another trader who goes by J dubbed $TREMP “the most obvious play” and predicts it will hit $1.4.
$TREMP still the most obvious trade in the next 2 weeks and the whole timeline sleep on it pic.twitter.com/vuQYWoDBTU
— J 🐂🀄️ (@NoobReplyGuy) October 21, 2024
Analysts are targeting between $0.9 and $1.5 for $TREMP before the election, which would give it a market cap of up to $150 million.
We should also note that Doland Tremp is Solana’s leading PolitiFi token.
Based on that, a $150 million market cap target is certainly reasonable.
However, traders must consider the risk of a Harris victory, which would slump $TREMP’s price.
With that in mind, one alternative project to consider is FreeDum Fighters. It’s another satirical PolitiFi project, but it incorporates both presidential candidates, so it’s less at risk of a post-election selloff.
FreeDum Fighters Is Creating an Entire PolitFi Ecosystem – Is It the Best Crypto to Buy Now?
With FreeDum Fighters, users will be able to vote on who they think will win the election and earn rewards in the process. They’ll also generate rewards based on who has the upper hand in intermediary events such as debates and media appearances.
The project has two characters, “MAGATRON” and “Kamacop 9000,” offering satirical representations of Trump and Harris.
FreeDum Fighters’ roadmap notes that the story will expand based on who wins the election, helping protect against the post-eleciton volatility that other PolitiFi tokens may face.
Moreover, the project boasts features like weekly debates, an AI chatbot called “Ask Joe,” and a referral program.
All of this separates it from other PolitiFi tokens and helps establish $DUM as a potential long-term investment.
Analysts have high hopes for the project. For instance, Austin Hilton called it the “best political meme coin ever.”
Hilton underscored that the project appeals to investors no matter where they lie on the political spectrum.
FreeDum Fighters is undergoing a presale and has raised $250K so far. Investors can buy in for $0.00005, but this price will rise throughout the ICO.