With just two weeks to go in the US Presidential Election, the political frenzy has reached a fever pitch. The crypto market, too, is feeling the ripple effects.
The Bitcoin price hit $69,000 on Sunday as pro-crypto candidate Donald Trump as took a 22-point lead on Polymarket. Meanwhile, PolitiFi coins support Trump - including MAGA, MAGA Hat and TREMP - have doubled in market cap over the past 30 days.
Now, a new meme coin - FreeDum Fighters (DUM) - is simulating the Presidential race in a parallel universe, allowing holders to pick their champion and earn attractive rewards.
The DUM presale has already raised over $200k in just 3 days. Meanwhile, prominent crypto influencers are taking note of the project, with some calling it one of the best meme coins to buy.
What Is FreeDum Fighters?
The lead-up to the 2024 US Presidential Election is marked by soaring political tensions, vicious banter and even assassination attempts.
However, FreeDum Fighters is putting an entertaining spin on things, facilitating the ultimate showdown between the two political figureheads in an alternate reality.
The two champions are MAGATRON and KAMACOP 9000, a satirical portrayal of Donald Trump and Kamala Harris, respectively.
MAGATRON is a fierce American patriot, who prefers high-class living and sipping on appletinis. Meanwhile, KAMACOP 9000 is the “Hunter of Injustice”, who also champions social justice causes and animal welfare.
Unlike most PolitiFi coins, FreeDum Fighters isn’t a hyper-partisan project. It allows DUM holders to choose their own champion and reap attractive rewards for it.
For instance, they can cast their vote through the FreeDum Fighters staking protocol. Both MAGATRON and KAMACOP 9000 have their own staking pool, which offers passive income at different reward rates.
Currently, MAGATRON is offering an APY of nearly 500%, while KAMACOP stakers can earn passive income at an APY of 1864%. However, these reward rates are dynamic and are designed to change as more coins are staked into them.
Similarly, DUM holders can participate in weekly debates that will be organized on social media platforms to engage in friendly banter. The winning side will also earn a secret airdrop.
Why Experts Are Calling DUM One of the Best Cryptos To Buy Now?
A meme coin supercycle is on the horizon and new low-cap gems are in high demand. Data from Lookonchain suggests that an early investor in TRUMP saw 32,000x returns, turning his $96 investment into over $3M.
What can you do with $96?This guy made over $3M with only $96, a 32,000x return!He spent only 0.052 $ETH($96) to buy 608,650 $TRUMP on Aug 12, 2023, and started selling $TRUMP for a profit 6 hours ago.So far, he has sold 6K $TRUMP for 11.4 $ETH($30K), leaving 594,564… pic.twitter.com/OacHY6a4RW
— Lookonchain (@lookonchain) October 18, 2024
Prominent crypto influencers and smart money investors believe that FreeDum Fighters could offer a similar opportunity, with some calling it one of the best crypto to buy now. For instance, Wolf’s Crypto Den has called DUM the next 100x crypto in a recent video.
Similarly, Red - a crypto influencer with over 100k X followers - revealed that he has invested early in the DUM presale.
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 🗳️Be sure to follow this project, you will not regret it.🔥🔥 pic.twitter.com/j452Rht1Lq
— Red (@Redlion35) October 17, 2024
Aside from its entertaining and rewarding take on the US Presidential Elections, the FreeDum Fighters project also has strong fundamentals.
For instance, it has adopted community-centric tokenomics, with a substantial 40% of the token supply up for grabs at a discounted price during the presale. Meanwhile, the staking rewards and debate rewards have 20% and 10% of the tokens reserved for them, respectively.
Finally, 20% of the token supply is set aside for exchange liquidity and the remaining 10% will utilized for CEX listings, marketing and more community rewards. The developer team has no separate allocation for it, which eliminates the risk of rug pull.
Moreover, the DUM smart contract has been audited by Coinsult and Solid Proof, which did not reveal any vulnerability or centralization risks.
How To Buy DUM?
The FreeDum Fighters presale is currently in its first stage, with the meme coin available at a highly discounted price of $0.00005.
However, with the token price designed to increase periodically, interested buyers have a short window to reap the maximum returns.
The over-the-counter widget on the FreeDum Fighters presale website makes the buying process as easy as a few clicks. Considering that DUM is a multi-chain token, investors can buy ETH, BNB, SOL, USDT or USDC.
Buyers who are interested in staking their coins can tick the checkbox which reads, “Do you want to stake after buying?” They just need to make sure to select the staking pool which they want to stake their coins into.
Follow the project’s X and Telegram accounts for more updates.
Visit FreeDum Fighters Presale
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
