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The MAGA price experienced a 5% increase over the past 24 hours rising to $5.065 as of 00:36 a.m. EST, with trading volume surging by 37% to reach $17 million.
MAGA Price Looks to Extend Gains
According to information from GeckoTerminal, the MAGA price has been on a steady increase, following a rising channel pattern as buyers leveraged the support at $2.77 to drive the rally. This indicates that upward momentum may persist as long as the price remains within the channel.
Currently, MAGA is trading above both its 50-day and 200-day Simple Moving Averages (SMAs), reinforcing the ongoing bullish trend.
The Relative Strength Index (RSI) is sitting at 64.11, nearing the overbought threshold (above 70). This suggests that buying pressure is rising, but it has not yet reached a critical overbought level. An RSI in this range implies that the price could continue to rise, though traders should be vigilant about a possible pullback if it enters overbought territory.
Should the current bullish trend continue, the MAGA price may potentially aim for $7.
On the downside, an increasing RSI may suggest that TRUMP is nearing overvaluation. If this occurs, the MAGA price could fall back to the support level at $3.1 within the 200-day SMA.
At the same time, investors exploring opportunities in the PolitiFi segment of the cryptocurrency market might consider FreeDum Fighters ($DUM), a new initiative that raised over $100k within just one hour of its launch.
MAGA And TREMP Both 100X – Is DUM Next?
FreeDum Fighters is a fresh, satirical blockchain project that is revolutionizing the crypto landscape through humor, politics, and gamified interaction to parody the US presidential race. With $101K already garnered in its presale, interest is rapidly climbing.
The project capitalizes on the excitement leading up to the upcoming US elections and features two fictional candidates, MAGATRON and Kamacop 9000, who are vying for “mechanized supremacy.”
Are you prepared for this year’s elections?
Get in on the action early by joining the @Freedum_Fighter showdown between MAGATRON and Kamacop 🦅
Make your choice by participating in the $DUM presale and utilizing their stake-to-vote system 🗳️
Make sure to follow this venture—you won’t regret it.🔥🔥 pic.twitter.com/j452Rht1Lq
— Red (@Redlion35) October 17, 2024
FreeDum Fighters is available across various blockchain platforms, including Ethereum (ETH), Binance Smart Chain (BSC), Base, and Solana (SOL). It utilizes its native $DUM token, allowing holders to vote for their preferred candidate, engage in debates, and stake tokens for rewards.
This innovative Vote-to-Earn model reflects real-world political participation while providing financial incentives for active community involvement. The platform engages its users through weekly debates, discussions, and quizzes, empowering them to influence the results of mock elections.
Investors can also stake $DUM tokens for an impressive 861% annual yield.
Additionally, the project is hosting a giveaway where five lucky winners will each receive 1K USDT by interacting with its social media platforms.
🚨 CALLING ALL PATRIOTS 🚨
Are you ready to choose sides in the battle of the century—MAGATRON vs. Kamacop 9000? 🤖
Your mission:
🇺🇸 Follow @Freedum_Fighter, like & comment on our pinned tweet.
🇺🇸 Tweet which side you support, MAGATRON or Kamacop, and tag friends you think will join… pic.twitter.com/zJ5z7w837J— FreeDum Fighters (@Freedum_Fighter) October 17, 2024
Head over to the official FreeDum Fighters website to purchase $DUM tokens here using ETH, BNB, USDT, USDC, or SOL.
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