The crypto market has become a bit more “covfefe,” with Doland Tremp (TREMP), the Solana-based meme coin, jumping 15% in the past day.
But is this the start of a bull run for the Trump-themed token?
Meanwhile, the new PolitiFi coin FreeDum Fighters (DUM) is making waves of its own, raising $250,000 in the first week of its ICO phase.
Doland Tremp Bounces Back as Meme Power Drives Market Buzz
While most crypto projects focus on utility, Doland Tremp is out here capitalizing on meme culture.
This coin, which combines Trump parodies with the classic Spoderman meme, has bounced back in the past 24 hours.
It has wiped out most of yesterday’s losses and now trades at $0.292.
But it’s not just TREMP’s price that’s climbing.
The token is also getting some serious trading attention, with over $7.9 million in spot volume since yesterday and a market cap of $29.2 million.
It’s a clear sign that humor can still drive market interest.
Even crypto influencer Sol Buren has noticed, saying TREMP could be preparing for an even bigger run.
According to Buren, the token could more than triple from here – potentially hitting a $100 million market cap as election season heats up.
It looks like TREMP might be finding its groove again.
Key Factors That Could Push TREMP Even Higher
A few key factors could boost TREMP’s price in the weeks ahead.
For one, almost all of the token’s supply is already in circulation, which is a good sign – it lowers the risk of sudden inflation from token unlocks.
The token’s technicals are looking interesting, too.
After bouncing off the 0.5 Fibonacci retracement level yesterday, TREMP seems to be holding that support today.
If it sticks, the next big target is $0.258, which aligns with the 1.278 Fibonacci extension level.
It’s also conveniently right where July’s highs were.
The timing could be everything for TREMP.
With less than two weeks until election day and polls showing Trump in a good spot against Harris, TREMP might be about to grab even more attention from traders.
So, while the last few weeks might have tested holders’ patience, things might be about to change.
It’s an exciting time to be a Doland Tremp investor right now.
Is FreeDom Fighters the Next Big PolitiFi Coin as ICO Raises $250K in First Week
Meanwhile, another PolitiFi token is beginning to gain traction.
FreeDum Fighters has already raised $250,000 in its ICO, putting a new spin on proceedings with its unique staking protocol.
Unlike many ICO projects, FreeDum Fighters has already cleared two security audits, one from Coinsult and one from SolidProof.
It’s even grabbed a spot on CoinSniper.net.
That’s a level of legitimacy that’s rare for new meme coins.
While TREMP is more of a straight-up meme play, FreeDum Fighters brings something different to the table.
DUM holders can stake their tokens to either back “MAGATRON” or “Kamacop 9000” – funny caricatures of the two candidates.
And here’s the twist: when you stake for MAGATRON, you actually earn rewards from the Kamacop pool, and vice versa.
Currently, yields for the latter are set at 1,766% per year.
FreeDum Fighters is preparing for a strong market debut, with the creators planning a DEX launch after the ICO ends.
The ICO is currently in its “Primaries” phase and offers DUM for just $0.00005 per token.
However, that price will rise when the next stage begins.
Taking all this into account, there’s a growing belief in FreeDum Fighters’ Telegram channel that DUM could offer higher upside than TREMP.
For anyone who missed TREMP’s early days, this new PolitiFi token could be their second chance.
