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Peanut the Squirrel surges with the crypto market, but analysts see FreeDum Fighters offering bigger gains as presale ends.
Peanut the Squirrel is back on the rise as the crypto market regains its bullish momentum.
However, analysts are predicting that new meme coin FreeDum Fighters could provide bigger gains as its presale draws to a close.
Traders say more gains to come for PNUT
Peanut the Squirrel has just hit $1.21, pumping 11% to reach its highest price since Monday.
It currently has a $1.1 billion market cap and a $1.3 billion 24-hour trading volume.
After a cool-down period following its explosive post-election gains, PNUT has begun to create a strong support, and analysts anticipate it’s almost time for the next bullish rally.
ZAYK Charts notes that the recent uptick has pushed PNUT to break above a falling wedge chart pattern. This is a bullish sign for the project, and the analyst predicts a rally toward $2.2 will follow.
$PNUT Falling Wedge Breakout is Done✅
Ready To Fly🔥#PNUT pic.twitter.com/5DdRhEdlRu
— ZAYK Charts (@ZAYKCharts) November 29, 2024
However, others anticipate even bigger gains for the project. Team Lambo Charts suggests that PNUT will hit $5, giving it a bigger market cap than Bonk and Dogwifhat.
A political rallying cry that made crypto millionaires
Peanut the Squirrel gained notoriety after an internet-famous pet squirrel was confiscated and euthanized by New York authorities.
The act was seen as a major government overreach, and it occurred during the final innings of the US election.
Trump’s “small government” policies made this somewhat of a rallying cry in his campaign, with Elon Musk imploring US citizens to “vote for Peanut.”
Later, Musk retrospected that “America was saved by a squirrel and a meme coin,” underlining the importance of Peanut in the final days of the election and drawing more light on the meme coin.
All of this, plus a listing on Binance, drove massive interest in PNUT, catapulting it to become the fastest meme coin to reach a $2 billion market cap.
Early investors got absurdly wealthy. One trader even turned $17 into a jaw-dropping $3 million.
The guy that bought $17 $Pnut now sold all of his bag for $3M
🤖 https://t.co/clEvhwnIyD pic.twitter.com/to8RCp3uTf
— Kakashi (@kkashi_yt) November 13, 2024
And with that in mind, many are searching for the next PolitiFi crypto that could provide huge gains. Could it be FreeDum Fighters – a blend of satirical meme coin and innovative utility token?
Is FreeDum fighters the politifi 2.0 millionaire-maker?
The elections are over, so developers have had to reframe the PolitiFi meme coin sector to match the new era of US politics.
Trump is moving to the White House and expected to shake things up significantly from the last cabinet, drawing a lot of attention in the process. FreeDum Fighters is taking full advantage.
The project has staking pools for the “FreeDum” and “LibDum” parties, which allow users to vote on their favorite and earn rewards. Like Polymarket, FreeDum Fighters pools accurately predicted the election winner. The difference is that everyone earned free crypto using FreeDum Fighters.
Another way users can earn from FreeDum Fighters is through weekly debates. They argue for or against a chosen topic, with the winning side receiving DUM tokens.
The project is undergoing a presale, which means investors can buy from the ground floor.
This has made experts optimistic that FreeDum Fighters could be the next big PolitiFi token.
Borch Crypto hailed its unique use case but warned investors that the time to be early is running out.
The presale ends in eight days, so potential buyers should act quickly.
Interested investors can buy DUM on the project’s presale website or using the Best Wallet app via its Upcoming Tokens feature.
For more information, visit the FreeDum Fighters presale website.
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