The MAGA meme coin has shown a significant 159% growth in October amid changing predictions about the outcome of the US elections. As political sentiments fluctuate, PolitiFi, including MAGA, is gaining increasing popularity.
Reasons Behind MAGA's Rise
MAGA's growth is driven by the unique personality of Donald Trump, who continues to draw attention by his antics on social media. Analysts argue that regardless of the election results, his influence will persist, setting favourable conditions for MEME's prolonged growth.
The Future of MAGA and PolitiFi
Analysts note that the meme coin has reached a resistance level and aims for new highs. A $47 mark is projected, potentially increasing the market cap significantly. Steady interest in political movements is making PolitiFi a popular choice among investors.
Newcomer in PolitiFi: FreeDum Fighters
The new coin, FreeDum Fighters, combines satirical and political elements, offering users to stake on Trump or Kamala Harris. This satirical coin provides an opportunity to profit from political events and debates.
Political tokens continue to gain popularity by combining predictive market elements with memes. As a result, tokens such as MAGA and FreeDum Fighters have become notable players in the cryptocurrency market, drawing attention as the US elections approach.