Donald Trump has secured victory in the US election and the crypto market is pumping, with Bitcoin recording a new all time high and political tokens soaring.
One of biggest beneficiaries is FreeDum Fighters (DUM) – an ICO project closing in on the $450,000 mark as traders pile in for discounted tokens.
PolitiFi Coins Benefit as Election Drama Drives $820M in Trading Volume
In the last 24 hours, the PolitiFi sector has exploded, with early election results – and Trump’s now declared win – sending it into a frenzy.
Trading volumes for these tokens have soared past $820 million, marking a substantial spike that highlights how closely cryptocurrencies are starting to reflect political vibes.
Leading the way is ConstitutionDAO.
Despite being a “failed” project, it has racked up over $500 million in trades on its own.
Not far behind are several Trump-themed tokens, with MAGA pulling in $82 million in trades, while MAGA Hat and TREMP have also seen an uptick in activity.
Even though most of these PolitiFi tokens have pulled back after their recent surges, the mood is still bullish.
Many traders believe another rally will occur once the election results are officially in.
Interestingly, this isn’t about chasing quick gains.
It’s part of a broader trend where the crypto market is becoming increasingly in sync with major political events.
Bitcoin Breaks New ATH & Prompts Crypto Market Boom
The spike in PolitiFi interest is happening alongside a surge in the broader crypto market.
Bitcoin smashed its previous all-time high, hitting $75,261 overnight.
This is part of a bullish trend that has pushed total crypto trading volumes to an enormous $189.2 billion.
That’s a 121% jump from the day before.
Big-money investors are gearing up for what they believe could be a Trump-friendly crypto environment.
Blockchain data shows that whales have pulled 1,806 BTC (worth more than $132 million) from Binance into new crypto wallets, hinting at serious accumulation.
Meanwhile, the total crypto market cap has grown by 7%, now at $2.4 trillion.
The bullish vibes have even spilled over to top altcoins.
Ethereum, Solana, and Binance Coin have all posted gains, though Bitcoin is stealing the headlines given its record-breaking rally.
So, even though there’s been a slight pullback in the last few hours, the crypto market momentum is definitely leaning upward.
FreeDum Fighters Gains Traction as Viral PolitiFi ICO Nears $450K Milestone
Another big winner in this market madness is FreeDum Fighters.
This satirical, election-themed project is racing towards the $450,000 milestone in ICO funding.
It’s drawn interest because it mixes political parody with real investment perks, throwing robotic versions of Trump and Harris into an epic showdown.
This forms part of FreeDum Fighters’ unique staking app.
In this app, investors have been backing either MAGATRON or Kamacop 9000, both of which offer market-beating APYs.
FreeDum Fighters also has a weekly debate system, where DUM token holders can get involved and earn more rewards for supporting their faction.
With the US election drama still unfolding, the buzz around FreeDum Fighters is heating up on social media.
Crypto influencers like Cilinix Crypto and Rogue have mentioned the project recently.
And the DUM token has even made it onto CoinSniper’s rankings.
The timing of all this couldn’t be better since FreeDum Fighters’ team plans to list DUM on a top DEX (likely Uniswap) once the ICO ends.
They’ve even set aside 20% of the supply for initial liquidity.
Overall, things are looking up for this new PolitiFi coin – and traders are flocking to get involved while the ICO price is still low.
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