With the US election heating up, crypto whales are making big moves into political-themed tokens.
Rumors have emerged that these investors are stacking up positions in a few key “politifi” coins.
In this article, we’ll explore this trend and take a closer look at three political tokens investors have their eyes on.
Whales Bet Big on Trump in the 2024 Presidential Election
The mix of politics and crypto is heating up.
What started as a quirky niche is now grabbing serious attention from investors eager to benefit from the election hype.
And it’s not just about meme coins anymore – prediction markets are also blowing up.
Take Polymarket, for example.
This crypto-powered prediction platform has racked up over $2 billion in volume for its 2024 Presidential Election market.
Right now, the smart money is on Trump, with his odds sitting at 60.9%.
What’s really catching traders’ attention is the whale activity.
One big investor has scooped up over 20 million pro-Trump shares, making a huge bet on a Republican comeback.
Another investor holds 8.1 million shares.
These enormous positions show that whales are taking the combination of politics and crypto seriously.
FreeDum Fighters Token Turns Election Satire Into Passive Income & Raises $100K in One Day
As the political betting scene heats up, let’s look at some of the hottest politifi tokens grabbing investors’ attention.
The first one is FreeDum Fighters (DUM).
This isn’t your typical politifi token – it’s a satirical spin on the election.
It pits two mechanized candidates (MAGATRON and Kamacop 9000) against each other in a battle.
But don’t let the humor fool you since there’s real utility here.
What makes FreeDum Fighters stand out from the competition is its staking setup.
DUM holders can stake their tokens to support their candidate, and the yields shift depending on who is in the lead.
It’s like a mini prediction market, similar to Polymarket.
FreeDum Fighters’ presale has kicked off with a bang, raising over $100,000 since it went live yesterday.
With four stages leading up to the election and prices rising in each stage, early investors are hoping for some serious post-listing gains.
The project is even beginning to see traction on Twitter.
So, although it’s only just launched, FreeDum Fighters is a politifi token that many are keeping a close eye on.
TREMP Token Surges 185% As Retail Traders Buy In
Another politifi token worth considering is Doland Tremp (TREMP).
This Solana-based token mixes political satire and meme culture – and it’s been on a serious run lately.
TREMP is currently trading at $0.372, a 185% jump since last month.
That’s the kind of growth that gets retail investors excited.
But it’s not just about the price gains since TREMP is also appealing due to its established nature.
The token is already listed on several top CEXs, like MEXC and LBank, giving it a liquidity boost compared to newer tokens.
Also, its branding leans heavily toward Trump-inspired memes, such as his famous “covfefe” tweet from 2017.
With a market cap of just $37 million, there’s room to run for TREMP.
And if Donald Trump were to win the upcoming election, there’s every chance this token could see another surge in price.
Politifi Giant MAGA Reaches $243M Market Cap Ahead of Election Day
Last but not least, we’ve got the biggest politifi token – MAGA (TRUMP).
This coin was what started the whole politics-themed crypto wave.
MAGA is the clear frontrunner in the space, with a massive $243 million market cap and $16 million in spot volume since yesterday.
But it’s not just about memes since there’s a charitable side to the token, too.
The project raises funds for US veterans and to combat child trafficking – adding a philanthropic angle to its “degen” nature.
What also makes MAGA stand out is its link to Trump’s campaign.
With the former president’s team now accepting crypto donations, including meme coins, MAGA is positioned to benefit from all the mainstream attention.
If Trump secures another term, MAGA could get a huge boost.
However, even if he loses, the token’s loyal following means it’ll likely remain a key part of the politifi niche.
