The post MAGA Hat Price Prediction: Will $MAGA Surge On US Election, Or Is FreeDum Fighters a Better Investment? appeared first on Coinpedia Fintech News
The 2024 US Election is 13 days away, and Trump-themed meme coin MAGA Hat ($MAGA) is teetering on another explosive leg up.
But as the PolitiFi token sector gains pace, can newly launched FreeDum Fighters ($DUM) outperform its peers?
MAGA Hat to Surge, Trader Points To Trump’s Forthcoming JRE Appearance
MAGA Hat has a unique advantage leading up to the election since it essentially tokenizes the polarizing lore of Trump’s infamous “Make America Great Again” (MAGA) baseball hats.
The MAGA hat has become symbolic with the GOP candidate’s presidential campaigns, and the $MAGA token benefits from this.
Currently, MAGA Hat is trading at $0.0001428, down 6.6% today, down 16.2% this week, but up 131.6% this month.
It holds a $58 million market cap and an $11 million 24-hour trading volume.
But with the election encroaching, huge media attention is bolstering awareness for MAGA Hat and other PolitiFi tokens. This is evident in MAGA’s 131.6% pump this month.
However, analysts think there’s more upside on the horizon.
One trader who goes by Solid Pepe expects a rally toward $0.001148, approximately a 7x gain from MAGA’s current price.
The analyst notes that MAGA is currently breaking out from a wedge pattern, which he anticipates will spark a parabolic breakout.
“At the very least, I expect explosive growth in time for the US election,” he wrote.
This would place MAGA’s market cap close to $400 million, which would not be unreasonable given the upcoming election.
$MAGA (HAT). At the very least I expect explosive growth with the ATX update in time for the US election
pic.twitter.com/4TuerfYDNY
— Solid Pepe (@ozverevsij) October 23, 2024
Meanwhile, 0xDefinci is slightly more conservative with his price target, speculating that MAGA will rally toward $0.00077.
He notes that Trump will feature on the Joe Rogan podcast this week, likely generating millions of views.
With media attention on the election and MAGA Hat’s uniquely ‘memeable’ branding, the next weeks could be bullish for the token.
As such, 0xDefinci’s target of $0.00077 could well be reached, and if Trump wins, we cannot rule out Solid Pepe’s target of $0.001148.
But with Trump appearing on the Joe Rogan podcast this week, another token that could also provide significant gains is FreeDum Fighters, which is offering investors a chance to buy via a presale.
Vote On Which Candidate Will Win and Earn Crypto With FreeDum Fighters
FreeDum Fighters is the ultimate satirical PolitFi token. It features an epic, real-world-inspired battle between “MAGATRON” and “Kamacop 9000.”
Presale investors can stake their tokens on either character. Based on the candidates’ real-world performances, those who vote for the winner will earn tokens.
And rewards aren’t just paid on who wins the election. Intermediary events such as media appearances will also offer investors a chance to earn.
Therefore, Trump’s appearance on Joe Rogan could yield huge returns for MAGATRON voters.
The concept is innovative because it adds humour, excitement, and a way to earn crypto into one of the biggest political events in years.
It also has the potential to perform long after the election is over, thanks to features like weekly debates, a referral scheme, an “Ask Joe” AI chatbot, and the ability for community members to propose upgrades and changes to the platform.
All of this has excited analysts, with Wolf’s Crypto Den saying it has the “perfect narrative.”
He also notes that the staking pools provide a “very interesting insight into society, which is what true satire is.”
FreeDum Fighters is pioneering a new pathway for PolitiFi tokens. It’s building an entire ecosystem that rewards community engagement.
Investors can buy $DUM at presale for $0.00005, but this price will rise throughout the campaign.
Visit FreeDum Fighters Presale
