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Home Blockchain

3 PolitiFi Tokens That Could Explode With One Week to Go Until US Election Day

by DigestWire member
October 30, 2024
in Blockchain, Crypto Market, Cryptocurrency
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3 PolitiFi Tokens That Could Explode With One Week to Go Until US Election Day
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The post 3 PolitiFi Tokens That Could Explode With One Week to Go Until US Election Day appeared first on Coinpedia Fintech News

There’s just one week left until the US presidential election, and the PolitiFi narrative is heating up.

PolitiFi crypto investors have eagerly waited for this moment for almost a year, hoping the election result will cause their tokens to explode.

However, there’s still an opportunity to buy in ahead of a potential blow-off top.

This article provides the three most promising PolitiFi tokens on the market.

FreeDum Fighters

FreeDum Fighters has a lot going on. It could even be a long-term player, but right now, it’s undergoing a presale.

The project ingeniously merges predictive staking pools, weekly debates, an AI chatbot, a referral program, and an innovative governance model. 

And in the spirit of US politics, the project’s two mascots, “MAGATRON” and “Kamacop 9000,” are a real spectacle.

The project’s main premise is predictive staking pools. When traders buy the presale, they can stake their tokens in either the MAGATRON or Kamacop 9000 pool. Based on each candidate’s real-world performance, the corresponding pool will pay rewards.

This introduces an element of skill and excitement into the project, and it also gives a glimpse into who voters think will win the election. 

Users can also engage in weekly debates and refer others to the project to earn more rewards.

Lastly, $DUM holders can propose upgrades and changes to the project, laying a pathway to long-term development.

The FreeDum Fighters presale has raised over $300K so far.

Department Of Government Efficiency

Forget Dogecoin – there’s a new DOGE in town – and it might be Elon’s new favourite.

Department Of Government Efficiency is a new meme coin inspired by a string of unlikely events in the US political sphere.

In the summer, Trump was asked if he’d hire Elon Musk should he win the election. Trump said yes.

One thing led to another, and now Musk is set to take on a position leading a new US government unit called the Department of Government Efficiency. It’s expected to reduce government spending by $2 trillion.

The unit also has a coincidental and humorous element since it has the acronym D.O.G.E, which everyone knows is Musk’s favourite meme coin.

Dogecoin’s price has rallied because of this, but Department Of Government Efficiency is seeing the most gains.

It’s currently trading at $0.06449, up 33% today, 59% this week, and 141% this month. 

MAGA HAT

MAGA Hat is showing serious strength as we near the election. 

It’s the second-largest Trump-themed meme coin, following MAGA (TRUMP). However, it has notably outpaced the leader this week, showing that traders are favouring it.

We should note that prediction markets heavily favour a Trump win, which is bullish for MAGA Hat. 

Polymarket data says Trump has a 66.3% chance of winning the election, and Trump’s MAGATRON staking pool is also in high demand on FreeDum Fighters.

If Trump wins, Trump-related meme coins will likely see a significant rally in the following days.

But what makes MAGA Hat special? The project is inspired by an iconic part of Trump’s rallies. The famous MAGA hat is a controversial piece of apparel, depending on what point on the political spectrum one sits.

Yet, this polarity is exactly what draws attention, and meme coin prices are driven by attention.

Currently, MAGA Hat is trading at $0.0002371, up 27% today, 65% this week, and 234% this month.

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