The post Doland Tremp Meme Coin Price Prediction: Can $TREMP Price Recover to New Highs For November Election appeared first on Coinpedia Fintech News
The US political landscape is taking center stage as we head toward the 2024 presidential election, and crypto degens are taking big bets.
This month, Solana-based Trump parody token Doland Tremp ($TREMP) has soared 137%. But can it create new highs as the November election approaches?
$TREMP to Rally On Expected Uptick In Retail InterestÂ
All eyes are on PolitiFi tokens, and that could be huge for Doland Tremp.
In the coming weeks, we can expect traders to continue investing in the PolitiFi narrative to ride the electoral hype.
Currently, $TREMP is trending, with many analysts talking about it.
And itâs the leading PolitiFi token on Solana, so it could attract disproportionate liquidity.
Solana is now the leading blockchain based on users, with Token Terminal reporting that it had 6.3 million active users yesterday alone.
For reference, thatâs over 10x higher than Ethereum, which had 411K active users.
The masses use Solana, so as they seek exposure to the PolitiFi narrative, Doland Tremp is positioned for major inflows.
And hereâs where it gets interesting: its price chart also indicates a parabolic rally is imminent.
Analyst Crypto-ROD predicts a 200% gain next month, targeting $0.9 based on a falling wedge pattern breakout.
Just added to $TREMP position I think it can go easy 200% within a month pic.twitter.com/zWEQil9djN
â Crypto-ROD (@RodMaartin) October 21, 2024
Meanwhile, Dankt1 points to Trempâs existing high, around $1.5. This would mark approximately a 5x gain from its current price.
Took the memcoin $TREMP in the run up to the election race I think we will boom again on the politfi narrative.With 2 weeks to go until the US presidential election, my choice is clearly towards the strongest.https://t.co/C9tNEdGg4s pic.twitter.com/cYLOWDMVN5
â dant1k (@dant1kk) October 21, 2024
With relevance to the biggest political event in years â coupled with a meme coin allure and frontrunning position on Solana â Tremp has everything it needs to explode.
With that in mind, Dankt1âs prediction of $1.5 cannot be ruled out.
Moreover, trader Crypto June underscored that PolitiFi tokens are about to surge in demand as âdumb money buys the green candlesâ amid the heightened election-related interest.
However, the analyst proposes another PolitiFi meme coin that could outpace Doland Tremp thanks to its early stage and innovative utilities.Â
FreeDum Fighters: the Multi Chain PolitFi Token That Lets You Earn Through Voting and Debating
Crypto June says that the PolitiFi narrative has generated immense gains for investors this year, but FreeDum Fighters might be the biggest yet.
The project satirically mirrors the US presidential elections. Users can vote on which candidate they think will win and earn $DUM tokens.
There are two staking pools, one for âMAGATRONâ and one for âKamacop 9000.â Tokens will be awarded to those who stake their tokens in the winning candidateâs pool.
However, rewards will be balanced to incentivize stakers to back the underdog and add extra excitement to the project.
Users can also participate in weekly political debates to extend their token-earning potential.
And thatâs not all. FreeDum Fighters will be the first multi chain PolitiFi token, available on Ethereum, Solana, BSC, and Base. This gives it an advantage over all other PolitiFi projects and opens it to deep liquidity.
Based on that, itâs no surprise that Crypto June is backing it for gains, suggesting it could be the ânext bigâ PolitiFi project.
Meanwhile, other analysts have given exciting predictions. For instance, Wolfâs Den Crypto says it can 100x.
The project is undergoing a presale and has raised $225K so far.Â
Those seeking the best price should act fast because it will incrementally increase throughout the campaign.
Visit FreeDum Fighters Presale