Doland Tremp coin rises 17%; FreeDum Fighters poised to explode next
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Doland Tremp jumps 17% in every week, elevating questions on its momentum. In the meantime, FreeDum Fighters enters the PolitiFi area.
Doland Tremp (TREMP) has caught the eye of retail traders with a 17% soar previously week.
However can TREMP maintain this momentum, or will the rally fizzle out?
In the meantime, a brand new challenger referred to as FreeDum Fighters (DUM) has entered the PolitiFi area – and lots of are speculating that it could possibly be the following to take off.
TREMP – the most recent Trump-themed meme coin to dominate the market
TREMP is the most recent politics-themed meme coin to go viral.
Constructed on Solana, this hilarious token combines the title “Donald Trump” with the notorious “covfefe” tweet – drawing traders with its irreverent humor.
TREMP is presently hovering round $0.316 and is up 17% since final Tuesday.
It was up much more over the weekend, spiking 33% at its peak earlier than pulling again previously two days.
Regardless of this dip, TREMP has cemented its spot because the 4th largest PolitiFi coin by market cap.
The token’s recognition can be evident in its buying and selling exercise.
Spot volumes have handed $7.5 million previously 24 hours, which is greater than many high altcoins, like Cronos (CRO).
Apparently, TREMP has reached these heights purely on its viral attraction as a “degen coin” with no use case.
May election day hype result in one other TREMP rally?
TREMP’s value will stay intently tied to Donald Trump’s marketing campaign.
Like different Trump-themed tokens, optimistic information for the marketing campaign might enhance sentiment for TREMP, whereas unfavourable headlines may weigh on its value.
With election day simply two weeks away, the thrill will doubtless ramp up much more.
This might result in elevated buying and selling exercise – and greater value swings – for TREMP.
From a technical standpoint, TREMP’s 4-hour chart exhibits the worth holding an upward trendline however going through resistance at $0.398.
Meaning the worth is forming a decent wedge sample.
A breakout above the highest of this sample might doubtlessly immediate a rally again to TREMP’s July highs round $0.580 – an 84% soar from right here.
Nevertheless, as with all meme coin, traders must also count on volatility.
Whereas there’s potential for TREMP to rally, the token might simply as simply fall out of the underside of the wedge sample, particularly if Kamala Harris’ marketing campaign will get a lift.
The subsequent two weeks could possibly be a wild journey for TREMP holders.
Is DUM a greater purchase than TREMP? DUM presale goes viral as traders race for discounted tokens
Some traders are turning their consideration to FreeDum Fighters as an alternative of TREMP.
Not like TREMP, which aligns with Donald Trump, FreeDum Fighters take a extra impartial strategy.
It options two satirical characters – MAGATRON and Kamacop 9000.
This twin illustration permits traders from either side of the aisle to get entangled, doubtlessly boosting its attraction.
One other key distinction is within the utility that every token affords.
TREMP has primarily relied on sentiment and hype, with no real-world software.
In distinction, FreeDum Fighters has a brand new staking system that provides utility.
Customers can stake their DUM tokens to help both MAGATRON or Kamacop 9000, and the twist is that staking for one character earns rewards from the opposite facet’s pool.
This setup offers each leisure and passive earnings alternatives.
However the enjoyable doesn’t cease there.
FreeDum Fighters additionally has weekly debates, a “Chat with Joe” chatbot, and even simulated elections.
Crypto skilled Jacob Bury, who has a preferred YouTube channel, believes these options will assist DUM soar after its presale is over.
He even speculated that the token has 10x potential.
In the end, regardless of monumental hype round it, FreeDum Fighters remains to be in its presale part.
Meaning the DUM token isn’t but out there on the open market.
Nevertheless, with tokens on provide for simply $0.00005 every in presale, many consider this could possibly be an opportunity to speculate at a reduction.
Plus, if DUM does reside as much as the hype, there’s each probability it might match (and even surpass) TREMP’s returns as soon as it hits exchanges.
For extra info, visit the FreeDum Fighters presale website.
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