Shiba Inu Holders Flock to New ICO with Potential for 1,000% Gains
Meme coin Shiba Inu has caught the attention of investors, but they are now turning their focus to an exciting new ICO that has the potential to deliver gains of up to 1,000%. This new ICO is called FreeDum Fighters (DUM) and it’s gaining traction as the 2024 US elections approach.
Shiba Inu (SHIB) has recently formed a pennant structure, and if it breaks to the north, it could coincide with a breakout above its 200DMA. This could be the catalyst for SHIB to reach yearly highs in the $0.000045 area, which is nearly triple its current levels.
With the Federal Reserve cutting interest rates and the possibility of a Trump victory in the US Presidential election, major cryptocurrencies may soon rise in value, and meme coin season could be just around the corner. While SHIB is expected to perform well, smaller and lesser-known meme coins could be the real winners.
As the US election draws near, political meme coins are expected to outperform. This is why the new US election-themed token, FreeDum Fighters (DUM), has gained significant traction. It is a community-focused PolitiFi meme coin that gamifies the battle between Republican candidate Donald Trump and Democrat Kamala Harris.
Unlike previous PolitiFi tokens like TREMP, MAGA, and BODEN, FreeDum Fighters (DUM) aims for longevity and lasting value creation. It’s the “ultimate showdown” between two mechanized political figureheads, MAGATRON and Kamacop 9000. DUM investors can choose from two staking pools that offer different rewards based on the popularity of the figureheads. They can also engage in weekly debates to win DUM airdrops.
During the presale, 40% of the token supply is available, while 20% is reserved for the liquidity pool, 20% for the staking pool, 10% for debate rewards, and the remaining 20% for other purposes. The presale has already raised over $200,000 from early investors, despite being launched just a few days ago.
Prominent analysts and influencers have expressed their support for DUM. Jacob Crypto Bury believes it has 10x potential and highlighted the high yields available for presale investors. Squidgrow Joe and Wolf’s Crypto Den have also given positive reviews, with the latter suggesting that FreeDum Fighters could even see a 100x increase.
DUM can be easily purchased with ETH on the Ethereum or Base networks, as well as with BNB, SOL, USDT, and USDC. However, it’s important to note that crypto investments carry high risks, and this article is for informational purposes only and should not be considered as investment advice.