With less than a week remaining until the US public decides the outcome of the election for the forty-seventh President, one new presale capturing the attention of politically savvy meme coin fans is Freedum Fighters ($DUM).
The previous generation of PolitiFi meme coins is facing a downturn today. MAGA ($TRUMP) has dropped 8% overnight, Doland $TREMP has decreased by 4%, and Jeo $BODEN has dipped 2%.
However, as traders move away from these positions, they are gravitating towards Freedum Fighters, which has emerged as Web3’s most engaging and rewarding parody of this year’s political race.
Investors would agree, it seems; the team raised over $250,000 within four days of the ICO launching back in mid-October! Now, the presale is closing in on $400,000.
What Is FreeDum Fighters About?
Freedum Fighters features two sci-fi mech-type characters battling for supremacy: MAGATRON and Kamacop 9000—nods not only to their respective candidates, but also to Transformers and Robocop.
Investors essentially vote on their president of choice by staking $DUM, with opportunities to earn more $DUM rewards by engaging in weekly political debates.
Gn fam check this out
Ready for this year's elections?
Get involved early by joining the @Freedum_Fighter elections between MAGATRON and Kamacop
Cast your vote by participating in the $DUM presale and using their stake-to-vote system
Dont miss that lfg pic.twitter.com/9g9cfboN1t— Aegon (@0xaegon_nft) October 17, 2024
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 74% lead with an appealing 300% APY. Meanwhile, the underdog Kamacop reaps a lucrative 954.8% APY, presenting one of the biggest passive income opportunities right now.
There will also be an airdrop later, distributing $DUM according to the points earned over the presale period.
FreeDum Fighters ($DUM) Tokenomics
Almost half (40%) of the new meme coin $DUM’s supply is being sold during the presale.
The presale moves through tiers, each increasing the token’s price, starting at $0.00005 and culminating at $0.000125, representing a fixed 150% price increase from beginning to end.
$DUM is currently selling for $0.00006, but this will rise incrementally tomorrow.
The token also plans to hit decentralized exchanges (DEXs) after the ICO, with 20% of the total supply providing liquidity. This facilitates frictionless trading without significant price slippage.
Another 20% goes towards staking rewards.
Staking encourages long-term holding. Finally, around 10% of the supply rewards debaters, incentivizing community participation and political passion!
Influencers See Potential In FreeDum
In a heavily saturated meme coin scene, several key influencers across YouTube and X have pointed to FreeDum Fighters ($DUM) as an exciting presale.
Popular crypto trader and presale expert ClayBro urged his YouTube subscribers not to miss out, calling it a future PolitiFi leader.
Jacob Crypto Bury played the numbers game and called FreeDum Fighters a 10X opportunity recently.
But two analysts went even further.Wolf’s Crypto Den suggests FreeDum Fighters‘ topical play is the perfect narrative heading into the US election, meanwhile 99 Bitcoins said much the same. Both concluded the project has 100X potential.
Finally, over on Crypto X, well-known trader and crypto entrepreneur Austin Hill called $DUM as his favorite political meme coin right now.
My favorite political #memecoin – @Freedum_Fighter!
FREEDUM FIGHTERS – Presale
https://t.co/LWwKkeKzpe pic.twitter.com/HJG1F9UNF8
— Austin Hilton (@austinahilton) October 24, 2024
It’s early days, but Web3 is rallying to the patriot’s cause. After all, why just vote? Why not profit, debate and engage all at the same time?
Join the fight on X and Telegram and stay up to date on the latest announcements.
The post The Next Big Political Play: Why Investors Are Choosing $DUM appeared first on Cryptonews.