As the Sui (SUI) price continues to pull sharply back from its recent highs, holders are quickly shifting into an exciting new PolitiFi coin ahead of anticipated exchange listings.
SUI dumped nearly 5% on Friday to trade in the mid-$1.80s, more than 20% down from earlier monthly highs in the $2.30s.
Crypto markets are on edge ahead of the US Presidential election in early November.
However, one sector within the meme coin market is perking up – PolitiFi tokens.
Tokens like $TREMP could see massive gains in the event of a Trump victory next month.
However, with a market cap of around $32 million, established PolitiFi meme coins might not provide the highest returns.
That’s why crypto traders have been getting hyped about a new PolitiFi coin called FreeDum Fighters (DUM).
FreeDum Fighters is a satirical, gamified token project that capitalizes on the political fervor surrounding the 2024 US presidential election.
The project portrays a battle between two mechanized political figureheads, MAGATRON and Kamacop 9000, representing a satirical take on the current political climate.
The new PolitiFi coin has already raked in close to $300,000 in its presale.
Here’s everything you need to know about DUM.
New PolitiFi Coin FreeDum Fighters – Here’s What You Need to Know
New PolitiFi coin FreeDum Fighters taps into the current meme coin frenzy. By linking itself with the 2024 US presidential election through satirical figures MAGATRON and Kamacop 9000, the coin leverages the intense political environment for engagement.
Meme coins often thrive on viral marketing, and the election theme could drive significant interest.
However, besides being a token for speculation, FreeDum Fighters introduces staking via voting and debate rewards.
Token holders can stake $DUM tokens to vote for their preferred candidate, adding a layer of interaction and gamification.
According to the official staking dashboard, the current DUM token APYs for voting for Kamacop 9000 are above 1,500% and around 400% for MAGATRON.
Meanwhile, there’s a mechanism where rewards are distributed based on participation in debates or other community engagement activities, which could potentially keep the community active.
The DUM token is currently priced at $0.000055, but this will rise to $0.0000125 by the end of the presale.
That means the new PolitiFi token’s pricing strategy offers early investors significant potential for unrealized gains.
40% for presale of the DUM token supply is reserved for the presale, while 20% has been set aside for liquidity, 20% for staking, 10% for debate rewards, and 10% for miscellaneous uses.
Learn More Here
Will DUM List on Exchanges Soon?
There aren’t explicit, direct indications from major cryptocurrency exchanges expressing interest in listing FreeDum Fighters just yet.
That said, it’s still early days. There’s already considerable hype around FreeDum Fighters on social media platforms like X.
High community engagement and social media activity can often influence exchange listings due to the visibility and potential user base it brings.
New PolitiFi coin DUM’s unique approach to staking and voting and its tie-in with the US election cycle could make it appealing for exchanges looking for tokens with engaging mechanisms beyond pure speculation.
Exchanges often look for tokens that offer something unique or have significant community backing.
Here’s How to Get In Early
Potential investors can research FreeDum Fighters more thoroughly on the project’s official website.
DUM is available across multiple chains, including Ethereum, BNB, Base, and Solana, and can be bought with ETH, BNB, SOL, USDT, and USDC.
All investors need to do is connect their web3 wallet.
With dozens of crypto experts backing the new PolitiFi token FreeDum Fighters for big gains, including at 99Bitcoins, this is not a presale to miss.
Buy DUM Here
The post Sui Holders Are Moving Fast Into This New PolitiFi Coin Before Its Exchange Listing – Here’s How to Get In Early appeared first on Cryptonews.
