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PolitiFi tokens surge as U.S. elections close; MAGA, Trump 47, and FreeDum Fighters see explosive gains
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PolitiFi tokens are reaching a boiling point as the U.S. presidential elections come to a close.
Tokens like MAGA (TRUMP), Trump 47, and FreeDum Fighters have exploded today.
TRUMP and 47 Show Strength Despite Market Turbulence
These tokens are not slowing down on the crypto market jitters.
As the market stands on shaky ground in the election lead-up, traders circle to political-themed meme coins.
MAGA (TRUMP) leads the way, both as the highest-value Trump-themed token and as a strong performer today.
While the total crypto market cap has sunk by 2.5% today, TRUMP has risen 2.7% in the same window.
It’s currently trading at $3.4, up 2.7% today but down 23% this week. TRUMP has a $155 million market cap and a $21 million 24-hour trading volume.
While the election is here, some analysts believe the TRUMP’s price gains are just beginning.
Crypto General anticipates a macro leg up to highs of $55, noting that it recently bounced from a long-term support level.
However, momentum has been amplified for the new PolitiFi contender Trump 47.
It’s currently priced at $0.011, up 29% today and 9% this week. The project has a $10 million market cap and a $10 million 24-hour trading volume.
Analyst DaveCrypto.arch dubbed it his “highest conviction play” and predicted a near-2x gain in the coming days, propelling it toward $0.02.
Despite this bullish sentiment, some other Trump-themed tokens have slid today. For instance, MAGA Hat is down 16%, and Doland Tremp is down 6%.
But one project that shows considerable strength is FreeDum Fighters.
Is this the next PolitiFi token to explode? Investors back FreeDum Fighters presale
FreeDum Fighters is a new presale crypto that comedically illustrates the presidential candidates as mechanized humanoids, MAGATRON and Kamacop 9000.
Users can either stake their tokens in the pool of freedom-loving MAGATRON or justice-seeking Kamacop and earn rewards based on who wins the elections.
It’s a compelling concept that gives everyday people, in a light-hearted and friendly way, “skin in the game.”
FreeDum Fighters users can also participate in weekly debates to earn more tokens. They argue for or against that week’s proposed topic, and the side that sways the judges earns DUM.
With the next US president being elected today, FreeDum Fighters has launched at just the right time.
The project shows that PolitiFi can be more than just meme coins. And analysts think it has major long-term potential.
Wolf’s Crypto Den hailed it as having “the perfect narrative” and says it might have 100x potential.
He also underscored that it embraces political satire, helping add a humorous allure that could bolster growth.
Investors can buy DUM for $0.000065, but this price is exected to rise throughout the ICO.
For more information, visit the FreeDum Fighters presale website
This article first appeared at crypto.news
