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Junior Content Creator
Harvey Hunter
Junior Content Creator
Harvey Hunter
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With the outcome of the US Presidential election tomorrow, established political parody meme coins like $MAGA and $TRUMP are in the green, although they seem to be battling to maintain pace.
In the past day, on the eve of the election, the frontrunner $MAGA has seen a remarkable run with a 39.02% gain, while $TRUMP is rallying behind, currently boasting a 28.65% increase.
As these PolitiFi coins experience a surge in trading volume, reaching $39 million and $9 million respectively, the mounting volatility presents challenges for investors aiming to hop on board.
Tried But Tested: Why $MAGA and $TRUMP Might Not be the Play
The waning appetite for older parody PolitiFi coins is evident in the performance of MAGA ($TRUMP), the oldest of the current crop.
Throughout November, MAGA has remained relatively stagnant, continuing to struggle against resistance at the $4 mark, with close encounters but no decisive breakthroughs.
Despite today’s push, concerns linger about its ability to make a significant advance, especially with the election just around the corner.
While it sits at the forefront of a compelling narrative, volatility appears to overshadow any substantial uptrend.
The Relative Strength Index (RSI) underscores this sentiment, crashing to 60 after having briefly reached overbought territory above 70, indicating that momentum may be running thin.
As MAGA threatens to lose the 200SMA after only just reclaiming it, its footing stands to become even weaker, endangering the uptrend it has established, making a potential breakout all the more challenging.
Meme coin narratives come and go, and while investing in the frontrunners can yield gains, they don’t make the most of the opportunity.
Fortune favors the bold — emerging opportunities hold the potential for truly substantial gains.
As meme coin enthusiasts know, flankers can hold just as much potential as their predecessors. After all, what’s a $DOGE to a $SHIB?
FreeDum Fighters: The Low Cap PolitiFi Coin Turning Heads
FreeDum Fighters ($DUM) appears well-positioned to capitalize on the momentum generated by the election as it gains steam. Its presale has already raised $400,000 —an early entry compared to $MAGA and $TRUMP, which near and exceed $100 million in market cap.
Unlike PolitiFi leaders, who typically rally around Donald Trump, $DUM offers a unique twist by enabling its investors to support either candidate in a dynamic competition.
After all, a Trump win isn’t guaranteed. With values tied to a potential Trump presidency, those looking to hedge their bets may find greater success in a middle-ground approach, making $DUM an intriguing option as the election approaches.
In an exaggerated parallel, Freedum Fighters features two mechanized political figureheads: MAGATRON and Kamacop 9000, battling for supremacy over the platform.
By staking $DUM, investors can vote to bolster the war effort of their mechanized political figurehead of choice, aiding them in weekly FreeDum Fighters debates.
If MAGATRON is in the lead, the Kamacop pool will offer higher rewards, providing consistent gains, even amidst recent volatility.
Currently, MAGATRON stands at an 68% lead with an appealing 284.38% APY. Meanwhile, the underdog Kamacop reaps a lucrative 773.04% APY, presenting one of the biggest passive income opportunities right now.
Victory brings spoils, with points accumulated based on these efforts, and an airdrop distributed according to the points earned. Even the front runner can reap rewards, ensuring that every participant has something to gain before the token even launches!
Join the fight on X and Telegram to stay up to date on the latest announcements.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
