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Trump’s election win and Bitcoin’s all-time high spark a surge in political meme coins like Pepe Trump and FreeDum Fighters, creating new trading opportunities.
A Trump victory has been confirmed in the U.S. election, with Bitcoin hitting a new all-time high.
Traders are now cashing in by betting on political-themed meme coins.
The sector has experienced a rally today, reaching a total valuation of $571 million.
Trump confirmed as next president, market goes wild for PolitiFi tokens
Crypto assets with a political flavor are performing exceptionally well as Trump’s second presidential term was confirmed.
The Republican Party won control of the US Senate, providing a tailwind for crypto enthusiasts in the election.
Trump’s pro-crypto stance has made him a favorite among blockchain enthusiasts, who are notoriously single-issue focused compared to the average voter.
As such, many tokens have been made in Trump’s honor, and they’re thriving now that he’s won the election.
The three top performers are Pepe Trump, BABYTRUMP, and Dark MAGA.
Pepe Trump introduces a more memetic flavor, reminding people of the ups and downs of the Pepe meme and how it was prevalent during Trump’s first presidential campaign.
BABYTRUMP is a comedic representation of Trump, which has offered commentary on its social media accounts throughout the election.
Meanwhile, Dark MAGA is a meme coin paying homage to a viral black MAGA baseball cap that Elon Musk recently sported at a Trump rally.
Dark MAGA’s price soared yesterday after Elon Musk tweeted about the meme.
Indeed, these three tokens have well outpaced the more established political-themed meme coins like MAGA (TRUMP) and MAGA Hat, underlining the benefit of investing in new market emergents.
With that, traders seeking another opportunity to capitalize on the election will be pleased to learn about FreeDum Fighters – a new political meme coin with multiple utilities.
FreeDum Fighters presale surges toward $450k
Trump’s win has prompted interest in new meme coins, too.
FreeDum Fighters is one of these coins.
It features a protocol where users can “vote” for different political figures and earn crypto rewards.
It has two staking pools with mechanized versions of Trump and Harris: MAGATRON and Kamacop 9000.
Users can stake their DUM tokens in either pool, and they’ll earn rewards based on who wins.
But unlike prediction markets like Polymarket, users are not betting money. Rather, they’re just staking. This removes the risk of capital losses, a big deterrent to using Polymarket.
FreeDum Fighters also has features like weekly debates, a comedic “Ask Joe” chatbot, and a referral scheme.
With the next president just announced, FreeDum Fighters has launched at the perfect time.
However, Austin Hilton warned traders to act urgently, saying it’s the “last chance to get this.”
Adding to this urgency, the FreeDum Fighters presale price is expected to rise in just three days.
Therefore, those seeking the best price cannot wait around.
To learn more about FreeDum fighters, visit the FreeDum Fighters presale website.
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Source: https://crypto.news/bitcoin-political-meme-coins-explode-as-trump-wins-election-race/