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Doland Tremp jumps 17% in a week, raising questions about its momentum. Meanwhile, FreeDum Fighters enters the PolitiFi space.
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Doland Tremp (TREMP) has caught the attention of retail investors with a 17% jump in the past week.
But can TREMP sustain this momentum, or will the rally fizzle out?
Meanwhile, a new challenger called FreeDum Fighters (DUM) has entered the PolitiFi space – and many are speculating that it could be the next to take off.
TREMP – the latest Trump-themed meme coin to dominate the market
TREMP is the latest politics-themed meme coin to go viral.
Built on Solana, this hilarious token combines the name “Donald Trump” with the infamous “covfefe” tweet – drawing investors with its irreverent humor.
TREMP is currently hovering around $0.316 and is up 17% since last Tuesday.
It was up even more over the weekend, spiking 33% at its peak before pulling back in the past two days.
Despite this dip, TREMP has cemented its spot as the 4th largest PolitiFi coin by market cap.
The token’s popularity is also evident in its trading activity.
Spot volumes have passed $7.5 million in the past 24 hours, which is more than many top altcoins, like Cronos (CRO).
Interestingly, TREMP has reached these heights purely on its viral appeal as a “degen coin” with no use case.
Could election day hype lead to another TREMP rally?
TREMP’s price will remain closely tied to Donald Trump’s campaign.
Like other Trump-themed tokens, positive news for the campaign could boost sentiment for TREMP, while negative headlines might weigh on its price.
With election day just two weeks away, the excitement will likely ramp up even more.
This could lead to increased trading activity – and bigger price swings – for TREMP.
From a technical standpoint, TREMP’s 4-hour chart shows the price holding an upward trendline but facing resistance at $0.398.
That means the price is forming a tight wedge pattern.
A breakout above the top of this pattern could potentially prompt a rally back to TREMP’s July highs around $0.580 – an 84% jump from here.
However, as with any meme coin, investors should also expect volatility.
While there’s potential for TREMP to rally, the token could just as easily fall out of the bottom of the wedge pattern, especially if Kamala Harris’ campaign gets a boost.
The next two weeks could be a wild ride for TREMP holders.
Is DUM a better buy than TREMP? DUM presale goes viral as investors race for discounted tokens
Some investors are turning their attention to FreeDum Fighters instead of TREMP.
Unlike TREMP, which aligns with Donald Trump, FreeDum Fighters take a more neutral approach.
It features two satirical characters – MAGATRON and Kamacop 9000.
This dual representation allows investors from both sides of the aisle to get involved, potentially boosting its appeal.
Another key difference is in the utility that each token offers.
TREMP has primarily relied on sentiment and hype, with no real-world application.
In contrast, FreeDum Fighters has a new staking system that adds utility.
Users can stake their DUM tokens to support either MAGATRON or Kamacop 9000, and the twist is that staking for one character earns rewards from the other side’s pool.
This setup provides both entertainment and passive income opportunities.
But the fun doesn’t stop there.
FreeDum Fighters also has weekly debates, a “Chat with Joe” chatbot, and even simulated elections.
Crypto expert Jacob Bury, who has a popular YouTube channel, believes these features will help DUM soar after its presale is over.
He even speculated that the token has 10x potential.
Ultimately, despite enormous hype around it, FreeDum Fighters is still in its presale phase.
That means the DUM token isn’t yet available on the open market.
However, with tokens on offer for just $0.00005 each in presale, many believe this could be a chance to invest at a discount.
Plus, if DUM does live up to the hype, there’s every chance it could match (or even surpass) TREMP’s returns once it hits exchanges.
For more information, visit the FreeDum Fighters presale website.
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This article first appeared at crypto.news
