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TRUMP 47 (47) is the latest PolitiFi coin to get investors fired up.

This latest entrant into the political meme coin space has exploded, rising 210% in the past day alone.

With such a big gain, it’s no surprise that some traders are already searching for the next big thing.

And they might have found it in FreeDum Fighters (DUM) – another politics-themed token going viral on social media.

TRUMP 47 Price Rallies Just in Time for Election Season

TRUMP 47’s price pump has caught everyone by surprise.

After launching on the Raydium DEX earlier this month, the token mostly flew under the radar – until it didn’t.

It began surging on October 25th and hit an all-time high of $0.021 a few days later.

However, the peak was short-lived, as TRUMP 47 immediately crashed, leading many to brush it off as another useless meme coin.

But that hasn’t been the case.

Yesterday, the token returned to life with a 210% surge, hitting $0.013 as election fever ramps up.

With over $10.5 million in trading volume and a market cap of over $10 million, TRUMP 47 is now the third most-traded political meme coin.

The timing of this resurgence couldn’t be better.

The US election is just around the corner, and social media buzz around PolitiFi coins shows no signs of slowing down.

Traders seem to be diving into anything with a campaign angle.

TRUMP 47 Defies the Market Slump as Crypto Giants Struggle

The current conditions make TRUMP 47’s surge stand out even more.

It’s moving up while the rest of the crypto market is moving down.

Bitcoin has dropped below $70,000, and most altcoins are in the red, but this political meme coin is doing its own thing.

A few factors are driving the broader crypto sell-off.

Trump’s odds of winning the election have dropped from 67% to 62% on prediction markets, spooking traders who were betting on him to win.

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Author: Felix Mollen

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