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New PolitFi project FreeDum Fighters has raised $360k in presale, engaging voters with staking pools for two satirical candidates amid a heated U.S. election.
Table of Contents
Trump speaks to executives and Harris appears in the Capitol
FreeDum Fighters reflects true voter sentiment with incentivized staking pools
Bitcoin and meme coin rally are fueling DUM’s growth
Election is almost over
New PolitFi crypto project FreeDum Fighters (DUM) has raised $360k in its ongoing presale.
Voting is underway for the US elections, and over 55 million ballots have already been cast, marking one of the best-ever early turnouts in multiple states nationwide.
With two polarizing candidates, the stakes have never been higher, and the world is watching.
Polls indicate a coin toss between the Democrats and Republicans, but Harris has a minor lead. Yet, blockchain-based prediction markets tell a different story, with Donald Trump a clear favorite on both Polymarket and FreeDum Fighters.
This raises the question of how accurate will these novel predictive markets be? Is this a new gold standard for political forecasting, or will crypto fans be proven disproportionally biased toward the Republican candidate?
FreeDum Fighters has engaged its audience in this political event by offering staking pools for satirical and mechanized versions of the two candidates, MAGATRON and Kamacop 9000.
Users will stake their DUM tokens on the candidate they think will win, and if correct, they’ll earn free crypto rewards.
FreedomFighters is currently running a presale for its DUM token. At press time, the DUM price is 0.00006, but this will rise in one day.
Trump speaks to executives and Harris appears in the Capitol
Kamala Harris dubbed this “the most important election of our lifetime,” many people agreed, with 55 million votes already cast.
Trump has boasted calls with hot-shot CEOs like Apple’s Tim Cook and Microsoft’s Sundar Pichai, while Harris closed her campaign at the Capitol, remarking that was the very location where Trump sent an armed mob.
Vice Pres. Harris addresses voters from the Ellipse, where then-Pres. Donald Trump gave Jan. 6 speech.“He is the person who stood at this very spot nearly four years ago and sent an armed mob to the United States Capitol." https://t.co/ruQEQkjaUQ pic.twitter.com/MwPeAE9Ubb
— ABC News Politics (@ABCPolitics) October 29, 2024
Polls show a dead heat between the two candidates, but crypto money is betting on Trump despite much lower return potential.
A story is even circulating about a French speculator who has wagered over $1 million on a Trump win.
However, we should note that Polymarket is not available to users inside the US, which may skew the dynamics.
Although market participants have bet $980 million on Trump and $615 million on Harris, these numbers do not accurately represent the thoughts of US voters.
FreeDum Fighters is a fun new way for Americans to speculate on the election.
FreeDum Fighters reflects true voter sentiment with incentivized staking pools
FreeDum Fighters users can vote on the MAGATRON or Kamacop 9000 staking pools based on who they think will win the election.
And the votes are in: MAGATRON is leading by a tall margin.
Regardless of Kamacop 9000’s 1,045% staking APY, voting is lob-sided with 72% of staked tokens in the MAGATRON pool (304% APY).
Users can also lay their case in FreeDum Fighters’ weekly debates to earn more DUM tokens.
They’ll run from Wednesday to Friday every week, and users can argue for or against that week’s topic. Winners will receive airdropped tokens.
How $DUM Debates Work:🔥 Every week, MAGATRON diehards clash with Kamacop crusaders in the ultimate test of…teamwork? 🔥Here’s the lowdown:🗓️ Weekly Debate: Runs Wednesday to Friday. We’ll throw out a fiery question, and you’re either "for" or "against."💥 Pick your… pic.twitter.com/dqs3LwTmpA
— FreeDum Fighters (@Freedum_Fighter) October 30, 2024
In this way, FreeDum Fighters is more than a Polymarket alternative for Americans. It’s the first PolitiFi ecosystem where users can interact on-chain, engaging in borderless, open, and stimulating political discourse. And the DUM token is at the heart of it all.
FreeDum Fighters has launched at the perfect time. The PolitiFi narrative is exploding, with CoinGecko data showing it is fast approaching a $1 billion market cap, so now could be a great time to invest in the DUM presale.
Bitcoin and meme coin rally are fueling DUM’s growth
Bitcoin is just inches from its all-time high (ATH), peaking at $73.2K on Wednesday.
Its growth is driven by the so-called “Trump Trade,” a concept that crypto prices will skyrocket should the GOP candidate be elected.
The reasoning behind this is Trump’s pro-crypto stance and The Republican Party’s typical opposition to extensively regulating financial markets.
This is important for the crypto industry, given the countless legal fights it has faced in the US in recent years.
And recently, the Trump-themed meme coin sector has risen in value.
Market leader MAGA (TRUMP) has increased by 18% this month, while runner-up MAGA Hat has pumped 164%.
All of this could well spill into the FreeDum Fighters ecosystem, providing DUM with a nice tailwind for price growth.
And with $360k raised in its opening weeks, the project is quickly establishing itself as a leader in the PolitiFi arena.
Election is almost over
Show support for your favorite candidate by grabbing DUM tokens and contributing them to the MAGATRON or Kamacop 9000 staking pools.
To buy DUM, simply visit the project’s website, connect your wallet, choose the amount of DUM you want to buy and the crypto you want to pay with.
The presale accepts payments in ETH, BSC, BASE, SOL, USDT, and USDC.
Follow FreeDum Fighters on X or join its Telegram for updates. Alternatively, visit its website to buy and stake tokens.
To learn more about FreeDum, visit the FreeDum Fighters presale website.
Read more: Doland Tremp coin rises 17%; FreeDum Fighters poised to explode next
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