One lucky trader flipped just $96 into $3 million by investing early in the MAGA (TRUMP) meme coin.
Now, investors are eagerly hunting for the next politics-themed crypto to explode.
Many are watching FreeDum Fighters (DUM) ¨C a new project that launched its presale late last week.??
From $96 to $3M ¨C The TRUMP Token Millionaire Story
What would you do with $96?
Perhaps grab some groceries or buy a tank of gas?
Well, for one crypto trader, that small amount has turned into a life-changing fortune.
Last Friday, blockchain analytics firm Lookonchain shared the incredible story of an investor who spent just 0.052 ETH (worth $96 back then) to buy 608,650 TRUMP tokens in August 2023.
Fast-forward to today, and that same stash is now worth over $3 million - representing a 32,000x return.
Thanks to perfect timing and serious patience, this trader held on tight for over a year before starting to cash out.
Just hours before Lookonchain¡¯s tweet, they sold 6,000 TRUMP tokens for 11.4 ETH (around $30,000).
With 387,363 TRUMP still in their wallet, this new crypto millionaire is HODLing as hype builds for next month¡¯s vote.
It¡¯s a prime example of how getting in early can sometimes lead to mind-blowing gains.
Will TRUMP Token Soar Higher After Election Day?
The TRUMP token has been rallying as the 2024 presidential race heats up.
Right now, it¡¯s hovering around $3.93, marking a 164% jump from where it was last month.
While it has pulled back a bit from its local high, with a market cap of $164 million, TRUMP remains the largest out of all the politics-themed cryptos.
The token¡¯s rise has been closely tied to Trump¡¯s campaign momentum.
With the former president pulling ahead of Kamala Harris in recent polls, TRUMP and other Trump-inspired tokens have spiked.
Despite these gains, TRUMP is still 77% below its all-time high from June.
But if Trump wins another term, this coin could smash past its previous record value ¨C and push that lucky trader¡¯s profits even higher.
Crypto analytics platform Sistine Research thinks that¡¯s a possibility.
They tweeted yesterday a prediction that TRUMP will have 100,000 holders before election day.?
While the TRUMP token has been grabbing headlines after making a millionaire, FreeDum Fighters is another politics-themed crypto gaining traction.
Launched last week, FreeDum Fighters has already caught traders¡¯ attention with its mix of satire, storytelling, and utility.
The project¡¯s main selling point is its staking system.
Using the native DUM token, holders can stake for passive income.
The APYs vary depending on their chosen character pool, with the ¡°Kamacop¡± pool currently offering a massive 1,866% return.
That¡¯s exponentially higher than what most staking coins offer.
But it¡¯s not just about the passive income.
FreeDum Fighters engages its community through weekly debates, where participants vote on winners and receive airdrops of ¡°government funds.¡±
This hilarious approach keeps the community invested in the project¡¯s story, centering around two main characters: MAGATRON and Kamacop.
Since launching its presale last week, FreeDum Fighters has raised over $200,000.
Early investors can now buy DUM tokens for just $0.00005 each.
According to the project¡¯s whitepaper, 40% of the token supply will be set aside for presale buyers.
So, can FreeDum Fighters be the next crypto to explode after TRUMP?
It¡¯s too early to tell, given that the project is less than one week old.
But with hundreds of people already following FreeDum Fighters on Twitter, it¡¯s generating enormous buzz.?
Visit FreeDum Fighters Presale