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$TRUMP and $MAGA Surge 34%, Now $DUM Rising as US Elections Approach
PolitiFi has emerged as a key narrative propelling gains in the meme currency space as the U.S. election draws closer. However, the train has not yet departed the station, and $DUM, a newcomer, is beginning to acquire traction.
Despite appearing to be struggling to keep up, well-known political parody meme coins like $MAGA and $TRUMP are in the green with the outcome of tomorrow’s US presidential election.
The front-runner $MAGA has had an incredible run in the last day, the eve of the election, gaining 39.02%, although $TRUMP is catching up and now has a 28.65% increase.
The increasing volatility poses difficulties for investors hoping to get on board as these PolitiFi coins saw a spike in trading volume, hitting $39 million and $9 million, respectively.
Why You Shouldn’t Bet on $MAGA and $TRUMP Despite Their Past Performance
As the current crop’s oldest currency, MAGA ($TRUMP), shows, interest in previous spoof PolitiFi currencies is dwindling.
November has been a rather uneventful month for MAGA, as the cryptocurrency has maintained its $4 mark resistance and had several close calls without breaking through.
There is still doubt regarding its capacity to make substantial progress, even after today’s push, particularly with the election approaching quickly.
There is a captivating storyline surrounding it, but the volatility seems to be more prominent than any significant increase.
The Relative Strength Index (RSI) confirms this feeling; it fell to 60 after briefly touching 70, indicating that the market may be losing steam.
With the 200SMA in jeopardy following its recent recovery, MAGA’s already precarious position is about to take a nosedive, putting its uptrend at jeopardy and increasing the difficulty of any possible breakout.
While it’s true that investing in the most popular meme coins can generate money, such coins fail to capitalise on the opportunity when it presents itself.
Emerging chances can lead to significant gains, so it’s wise to take a risk.
Flankers, as fans of meme coins know, can be just as promising as their forebears. What does a $DOGE mean to a $SHIB anyway?
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FreeDum Fighters: PolitiFi’s Low-Cap Coin That’s Making Waves
As FreeDum Fighters ($DUM) develops traction, it seems like it will be able to take advantage of the election’s enthusiasm. While $MAGA and $TRUMP have market caps close to or above $100 million, this one has just raised $400,000 in its presale, making it an early adopter.
With $DUM, investors can back either candidate in a constantly changing contest, which is a fresh twist compared to PolitiFi leaders who usually back Donald Trump.
Remember that Trump’s victory is by no means assured. As the election draws near, $DUM is an attractive alternative for individuals seeking to hedge their bets, as its values are linked to the possibility of a Trump presidency.
Two robotic political leaders, MAGATRON and Kamacop 9000, compete in Freedum Fighters, drawing an inflated analogy between the two.
Investors can support their preferred mechanised political figurehead in the weekly FreeDum Fighters debates by staking $DUM, which allows them to vote to strengthen their war effort.
THE FINAL BATTLEGROUND POLLS
Who you got? Kamacop 9000 or MAGATRON? pic.twitter.com/wz8LSKx4PW
— FreeDum Fighters (@Freedum_Fighter) November 3, 2024
With the Kamacop pool offering greater incentives to MAGATRON in the lead, there will be steady gains, even with the current volatility.
At now, MAGATRON has an attractive annual percentage yield (APY) of 284.38% and a 68% lead. At the same time, one of the best prospects for passive income right now is the underdog Kamacop, which is reaping a 773.04% APY.
Win the game and get an airdrop according to your point total, which is based on your efforts. Each and every one of us can benefit from this project even before the token is released, because even the fastest runners can win!
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