The PolitiFi meme coin sector is declining today after nearly reaching a $700 million market cap yesterday. With the US election just a week away, investors are now eyeing the next potential breakout tokens that could see major gains if Trump becomes the president.
Since major political events often cause traction among PolitiFi tokens, Trump-themed tokens are a prime target to be affected. Let’s look at the tokens that could replicate the success of MAGA (TRUMP) and Doland Tremp (TREMP) and what the experts think about them.
FreeDum Fighters (DUM)
FreeDum Fighters is shaking up the PolitiFi meme coin scene with its unique stake-to-vote mechanism and a successful presale that raised $348,000 since its inception on October 17th.
With 40% of its total 270 billion token supply allocated to the presale and another 20% for the rewards distribution via its unique staking system, the project has ensured everyone has a chance to purchase DUM.
Investors can pick between backing Trump’s “Magatron” or Kamala’s “Kamacop” via the presale’s staking platform. Backing Kamacop offers a massive 1171.73% staking APY, while those backing Magatron can 3x their token holdings long-term with a 308.8% APY.
Currently, DUM costs $0.00006 each, but that price will change in two days, as the presale follows a 4-phase schedule that continuously raises the per-token price, favoring early investors.
The project will soon start hosting political debates between Magatron and Kamacop’s backers, and the winning side will get an airdrop, with further details to be announced.
Austin Hilton, a crypto expert with over 267,000 subscribers on YouTube, sees the presale’s massive staking rewards as something nobody should miss. He advises his audience to get into the presale while the per-token price is low.
With just two days until DUM’s price jumps to $0.000075, there’s limited time to join the Freedum Fighters presale at the lowest possible price.
Make America Based Again (MABA)
Launched on one of the arguably fastest-growing chains, Base, MABA is a PolitiFi meme coin that was released under the radar in March 2024, trading at $0.002691. It reached its all-time high at the end of May when it soared to $0.006259 amidst Trump trials that made all Trump-themed coins pump.
Although it has since dropped, the coin’s previous surges following Trump-related events indicate a possible breakout if Trump wins the election.
MABA entered October trading at $0.0001988 and had a tremendous rise of 586.49% since, following a post from Elon Musk on October 6th, which likely triggered the coin’s soar to $0.003886 that same day.
Currently, it trades at $0.001354, which is well above its 50-day Simple Moving Average (SMA) of $0.000627, indicating a strong short-term breakout potential.
Crypto Kavi, a crypto analyst, sees a 100x potential in the coin based on its recent performance and technical indicators.
Additionally, the token’s Relative Strength Index of 55.04, combined with the market’s overall Fear & Greed Index of 69, suggests the coin has potential for growth in the upcoming week. Plus, it’s one of the few PolitiFi coins that’s still in a green trend across the past week.
Although the crypto meme coin space, including the PolitiFi meme market, remains volatile, MABA’s tendency to soar alongside other Trump coins may be enough for the coin to explode in the upcoming weeks.
MAGA (MAGA)
Currently the 3rd largest PolitiFi meme token, MAGA, known as Maga Hat or Maga Coin, has a market cap of $96.4 million. Like most Trump-themed coins, MAGA has thrived amidst various events that involved the ex-president. For example, the coin declined to $0.0001376 in early July, only to soar to $0.0002524 following Trump’s assassination attempt.
As election day nears, MAGA’s team shared that it’s the #1 trending coin on DEXTools for Ethereum and among the top trending coins on 30+ exchanges.
Although its current price of $0.0002472 is a far cry from its ATH of $0.0006243 back in May, the coin has experienced a steady rise throughout October. It entered the month priced at $0.00007209 and rose by 245.33% since.
As Trump gained a record 66.7% lead on Polymarket, a prediction platform, experts expect Trump-themed coins to continue soaring past October. Dr Boom, a crypto expert, believes MAGA can soar past its previous ATH and expects the coin to reach a market cap of $1+ billion.
With 19 green days in the past month and its price above the 50-day SMA of $ 0.000117, indicating short-term growth potential, investors are demonstrating strong confidence in the politifi token. That, and its active 41,000-strong audience on X (Twitter) and Telegram, may be enough for the coin to explode if Trump becomes the next US president on November 5th.