The US elections have concluded – but the world remains fascinated by US politics.
Trump, MAGA, and Biden-related sagas continue dominating news headlines, and the new crypto presale FreeDum Fighters ($DUM) is riding the hype.
Trump will be inaugurated as the next US president on 20 January 2025, so all eyes are very much still on the election and its worldly impact.
This is also apparent in the predictions market Polymarket, where 11 of today’s top 12 betting options have a political flavor.
Meanwhile, traders continue investing in the FreeDum Fighters presale, which is about to hit the $600K raised milestone.
But there remains massive room for growth.
The PolitiFi sector is currently worth $465 million. So could $DUM be the next 10-100x play?
FreeDum Fighters is a breath of fresh air for PolitiFi
The US elections provided a perfect growth catalyst for meme coins with a political foundation, such as TRUMP, MAGA, and TREMP.
However, the moment the election closed, an existential feeling of “what now” caused traders to close positions and prices to plunge. As such, it’s red across the board this week for PolitiFi majors.
But while the heavy-hitting PolitiFi tokens continue to bleed liquidity, tens of thousands of dollars are pouring into the FreeDum Fighters presale every day.
Why are traders risking so much money in a category that, from the outside, seems to be dying?
Pre-election PolitiFi tokens like MAGA and TRUMP were designed for a totally different environment from the one we’re in today.
The crypto market was riddled with uncertainty.
The hyper-politicization of issues in the US meant that two radically different timelines would unfold depending on who became president.
Meme coins were a safe bet; their lack of utility allowed them to slip the SEC’s net so they could grow in a more hostile regulatory environment. As such, PolitiFi 1.0 tokens were essentially rebranded meme coins.
And beyond supporting a presidential candidate, these political-esque tokens have very little draw compared to quirky dog and cat-themed meme coins.
But now that crypto has a pathway towards favorable regulations, the floodgates for innovation have opened. As such, utility coins have begun gaining pace this week. That’s why FreeDum Fighters is thriving.
Five of the six best-performing top 100 cryptos are rooted in utility.
FreeDum Fighters is well positioned for Trump’s second non-consecutive term. Diverging from “pure” meme coins, the project introduces several groundbreaking utilities set to redefine PolitiFi.
Earn $DUM with a unique voting system and weekly debates
FreeDum Fighters’s main draw is a virtual battle arena where mechanized characters representing political figures fight it out.
Users get to “vote” on which they think will win to earn rewards. To do so, they simply stake their $DUM tokens in the corresponding pool.
The first battle is between MAGATRON (representing Trump) and Kamacop 9000 (representing Harris).
While the election is over, FreeDum Fighters’ voting pools are still open, allowing users to keep earning rewards. In line with the election result, 56% of tokens favor MAGATRON, illustrating that Trump remains popular even after the election concludes.
However, MAGATRON and Kamacop are not the end of the road for FreeDum Fighters staking pools. Per its roadmap, the team will “expand the lore” based on how real-world events transpire. This could involve introducing new characters to the battle arena based on upcoming trends and developments.
Meme lord and business mogul Elon Musk could certainly be represented, given his widely anticipated inclusion in the proposed Department of Government Efficiency.
But FreeDum Fighters isn’t only about staking. Holders can also participate in weekly debates, crafting compelling arguments for or against that week’s chosen topic. The winning side will earn $DUM rewards.
This is another unique feature that separates FreeDum Fighters from other PolitiFi tokens. Like its voting system, it underlines an innovative way in which blockchain technology can play a role in politics.
FreeDum Fighters presale nears $600K, time is running out
Having raised $600K, the FreeDum Fighters presale shows no signs of slowing down. With that, prospective investors should act quickly.
The current $DUM presale price is $0.000085, but this will rise throughout the ICO, with the next increase in one day.
To participate in the presale, visit the FreeDum Fighters website, connect your wallet, and choose the number of tokens you want to buy and the crypto you want to pay with.
Follow FreeDum Fighters on X or join its Telegram for updates. Alternatively, visit its website to buy and stake tokens.