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The US Presidential Election promises significant volatility for the cryptocurrency market, especially considering the race remains dead heat with just two weeks to go.
However, a new meme coin – simulating the Presidential race in a parallel dimension – is offering a unique opportunity for early buyers to earn outsized returns.
FreeDum Fighters (DUM) – the new low-cap PolitiFi token – is seeing impressive adoption right out of the gate, raising more than $200k in presale funding in just 3 days.
The DUM ICO has also caught the attention of crypto influencers and prominent traders, with some even backing it as the next 100x crypto.
Summary
FreeDum Fighters – The Next Big PolitiFi Token?
The PolitiFi sector is booming in the lead-up to the US Presidential Election. In particular, the top Trump coins – MAGA, MAGA Hat and TREMP – all up by triple digits over the past month, partly due to Donald Trump’s growing lead on Polymarket.
However, these projects are hyper-partisan in nature, designed to support one candidate while bashing the other. This is a major turn-off for a considerable population of crypto investors and is also one of the key reasons why most Tier-1 exchanges won’t list them on their platforms.
On the contrary, FreeDum Fighters is the ultimate showdown between two super-mechanized political figureheads – MAGATRON and Kamacop 9000 – taking place in an alternate universe.
MAGATRON – the MAGA Machine – is portrayed as a high IQ, passionately pro-American warrior. Meanwhile, KAMACOP 9000 – the Hunter of Injustice – is a “devastatingly lethal and coldly intelligent” fighter, championing social justice and feminism.
The satirical, gamified project allows crypto investors to support their favourite champion while earning lucrative monetary rewards for it.
With just two weeks until election day, the political frenzy has reached a fever pitch. While this means divisiveness, incivility and vicious back-and-forth in the real world, FreeDum Fighters promises an entertaining and rewarding experience for crypto investors.
Some of the top crypto influencers like Xeno, Laffy and Lucas are hyping up the project and have made early investments in the ongoing presale.
Support Your Champion and Earn Lucrative Rewards
In the FreeDum Fighters showdown, crypto investors aren’t idle bystanders. DUM holders have a number of ways to support either champion and earn attractive monetary rewards for it.
The most straightforward way is via the two staking protocols, each supporting a champion. Investors can stake their DUM coins in either staking pool and start earning passive income at an industry-high rate.
Notably, both staking pools offer different reward rates, depending upon the number of coins staked in each. Investors can check out the current rates through the staking dashboard here.
As of now, KAMACOP stakers are earning an APY of over 1800% while those staking in MAGATRON are earning nearly 500% APY.
With 54 billion tokens – which is 20% of the DUM token supply – reserved for staking rewards, investors can finally see the instant benefits of their vote.
Meanwhile, 10% of the token supply is also allocated towards “Debate Rewards”. Indeed, investors can support their champions in the weekly debates organized on social media platforms. The winning side will receive a secret airdrop.
Follow the FreeDum Fighters X and Telegram accounts for updates on these weekly events.
Finally, 40% of the token supply will be up for grabs during the presale, 20% reserved for exchange liquidity and the remaining 10% for CEX listings, community rewards and marketing campaigns.
Notably, no separate allocation has been made for the developer team behind the project, which significantly reduces the risk of a rug pull or pump-and-dump price action.
Is DUM The Next 100x Crypto?
The demand for new meme coins is at a fever pitch, especially as early investors continue to see 100x to 100x returns with them.
In this ongoing meme coin mania, a new project like FreeDum Fighters, with a unique, entertaining and relevant theme, is bound to gain traction, as is evident from its early presale demand.
As previously stated, prominent crypto influencers are bullish on DUM’s growth prospects. Crypto YouTuber Wolf’s Crypto Den believes that it could potentially be the next 100x crypto.
Meanwhile, Jacob Bury – who has 43k YouTube subscribers – has given a more conservative 10x projection for it.
The FreeDum Fighters presale is currently in its first stage, with DUM available at a highly discounted price of $0.00005. However, interested buyers have an extremely short window as the price is designed to go up after each ICO stage.
They can buy DUM coins with just a few clicks using the over-the-counter widget available on the presale website.
*Cryptonomist did not write the article or test the platform.