Meme coin trader turns $96 into $3M with TRUMP token: What's the next crypto to explode

A trader turned $96 into $3 million with the TRUMP meme coin, sparking interest in other political-themed cryptos like FreeDum Fighters (DUM). Investors are eyeing the new project for potential explosive gains after it raised $200K in just four days.

Debika ChakrabortyUpdated: Oct 22, 2024, 15:04 IST
3 min read
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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.

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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.

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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.

Is FreeDum Fighters the Next Crypto to Explode After Raising $200K in Just Four Days?

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.

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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.

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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


Disclaimer: The above sponsored content is non-editorial and has been sourced from a third party. Indiatimes does not guarantee, vouch for or necessarily endorse any of the above content, nor is responsible for it in any manner whatsoever.
Debika  Chakraborty

At Indiatimes, I handle the text-based branded content section. Some might say it's a Bengali's natural flair for storytelling that fuels my passion for crafting catchy concepts and turning them into engaging articles.

21/11/2024 15:18:36
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