TRUMP 47 (47) is the latest PolitiFi coin to get investors fired up.
This latest entrant into the political meme coin space has exploded, rising 210% in the past day alone.
With such a big gain, it’s no surprise that some traders are already searching for the next big thing.
And they might have found it in FreeDum Fighters (DUM) – another politics-themed token going viral on social media.
TRUMP 47 Price Rallies Just in Time for Election Season
TRUMP 47’s price pump has caught everyone by surprise.
After launching on the Raydium DEX earlier this month, the token mostly flew under the radar – until it didn’t.
It began surging on October 25th and hit an all-time high of $0.021 a few days later.
However, the peak was short-lived, as TRUMP 47 immediately crashed, leading many to brush it off as another useless meme coin.
But that hasn’t been the case.
Yesterday, the token returned to life with a 210% surge, hitting $0.013 as election fever ramps up.
With over $10.5 million in trading volume and a market cap of over $10 million, TRUMP 47 is now the third most-traded political meme coin.
The timing of this resurgence couldn’t be better.
The US election is just around the corner, and social media buzz around PolitiFi coins shows no signs of slowing down.
Traders seem to be diving into anything with a campaign angle.
TRUMP 47 Defies the Market Slump as Crypto Giants Struggle
The current conditions make TRUMP 47’s surge stand out even more.
It’s moving up while the rest of the crypto market is moving down.
Bitcoin has dropped below $70,000, and most altcoins are in the red, but this political meme coin is doing its own thing.
A few factors are driving the broader crypto sell-off.
Trump’s odds of winning the election have dropped from 67% to 62% on prediction markets, spooking traders who were betting on him to win.
Add in nearly $300 million in liquidated leveraged positions, and it’s easy to see why investors are worried.
Stock market troubles aren’t helping either – with the S&P 500 and NASDAQ taking a hit.
But TRUMP 47’s price hasn’t been affected by this bearishness.
While most coins are struggling, this token’s rise shows that some investors are still keen on acquiring election-themed assets – even as the rest of the market cools off.
FreeDum Fighters Joins the PolitiFi Rally with Market-Beating Staking Rewards & $380K Presale Raise
TRUMP 47 isn’t the only PolitiFi coin defying the bearish momentum.
FreeDum Fighters has also been rising, even as market sentiment dips, and is standing out from its politics-themed peers with some actual utility.
Unlike most of these coins, which ride on election hype, this project backs its humor with a solid ecosystem.
The team keeps things neutral by pitting two robotic candidates – MAGATRON and Kamacop 9000 – against each other.
This means they steer clear of partisan politics.
However, it’s FreeDum Fighters’ dual-staking system that’s caught investors’ attention.
DUM token holders can stake in either MAGATRON’s or Kamacop’s pool to earn high APYs – up to 903% for the latter.
Investors have staked over 6 billion DUM tokens already.
The best part is that investors can switch between pools as they please, keeping the vibe fresh and engaging.
All of this has helped FreeDum Fighters’ presale raise over $380,000 in presale funding.
Right now, DUM tokens are priced at just $0.00006 each.
This has caught the attention of YouTuber Crypto Pandas, who believes it could explode once listed on exchanges.
Fellow YouTuber ClayBro even thinks the token could 25x.
Time will tell whether FreeDum Fighters can live up to the hype, but it’s definitely one to watch as election season heats up.
Visit FreeDum Fighters Presale
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