MAGA Price Dips 17% as Investors Shift to New Meme Coin DUM[embed]https://www.youtube.com/watch?v=6bXrnOFw75U[/embed]

<div wp_automatic_readability="113.21125030705">

        <div class="telegrame_cta_content"><div class="wrap" wp_automatic_readability="5.3142857142857"><div class="telegrame_cta_content_inr" wp_automatic_readability="28.342857142857"><p>Subscribe to our <u><a href="https://t.me/insidebitcoins" target="_blank" rel="noopener">Telegram </a></u>channel for the latest breaking news updates</p>
</div></div></div><p><span style="font-weight: 400;">The MAGA price has dropped by 17% in the last 24 hours </span><a href="https://www.geckoterminal.com/eth/pools/0xe4b8583ccb95b25737c016ac88e539d0605949e8"><span style="font-weight: 400;">now resting at $3.323</span></a><span style="font-weight: 400;"> as of 00:32 a.m. EST, with trading volume surging by 91% to $13.6 million.</span></p>
<h2>MAGA Price on a Downward Trend – Is a Bullish Reversal Looming?</h2>
<p><span style="font-weight: 400;">Throughout October, the MAGA price was trending upward, adhering to a rising channel pattern that moved from a support level of $2.8 to a resistance of $5.5, as per data from </span><a href="https://www.geckoterminal.com/eth/pools/0xe4b8583ccb95b25737c016ac88e539d0605949e8"><span style="font-weight: 400;">GeckoTerminal</span></a><span style="font-weight: 400;">.</span></p>
<p><span style="font-weight: 400;">However, there has been a recent break from that pattern, and the price is currently trending down within a falling channel. This shift indicates a temporary shift toward a bearish trend.</span></p>
<p><span style="font-weight: 400;">In light of the recent decline, the MAGA price is now positioned below both the 50-day and 200-day Simple Moving Averages (SMAs), reinforcing the negative trend.</span></p>
<p><span style="font-weight: 400;">The Relative Strength Index (RSI) is at 29.09, which falls beneath the oversold threshold of 30. This suggests that the asset may be oversold, hinting at the possibility of a rebound or, at the very least, a deceleration in the bearish momentum soon.</span></p>
<p><span style="font-weight: 400;">The current price is nearing the 200-day SMA, typically regarded as a substantial support level. Coupled with the oversold RSI, this may signal an opportunity for a rebound, particularly if trading volume increases in the subsequent candles. Should the bulls capitalize on the undervalued RSI, the price of MAGA could potentially reverse trend toward $5.0.</span></p>
<figure id="attachment_589979" aria-describedby="caption-attachment-589979" style="width: 1167px" class="wp-caption alignnone"><picture decoding="async" class="size-full wp-image-589979">
<source type="image/webp" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_TRUMP_2024-10-22_07-32-21-1.png.webp 1167w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_TRUMP_2024-10-22_07-32-21-1-300x143.png.webp 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_TRUMP_2024-10-22_07-32-21-1-1024x487.png.webp 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_TRUMP_2024-10-22_07-32-21-1-768x365.png.webp 768w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_TRUMP_2024-10-22_07-32-21-1-130x63.png.webp 130w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_TRUMP_2024-10-22_07-32-21-1-104x50.png.webp 104w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_TRUMP_2024-10-22_07-32-21-1-83x40.png.webp 83w" sizes="(max-width: 1167px) 100vw, 1167px"/>
<img decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_TRUMP_2024-10-22_07-32-21-1.png" alt="MAGA Price Chart Analysis Source: GeckoTerminal.com" width="1167" height="555" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_TRUMP_2024-10-22_07-32-21-1.png 1167w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_TRUMP_2024-10-22_07-32-21-1-300x143.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_TRUMP_2024-10-22_07-32-21-1-1024x487.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_TRUMP_2024-10-22_07-32-21-1-768x365.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_TRUMP_2024-10-22_07-32-21-1-130x63.png 130w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_TRUMP_2024-10-22_07-32-21-1-104x50.png 104w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V2-_GeckoTerminal.com_TRUMP_2024-10-22_07-32-21-1-83x40.png 83w" sizes="(max-width: 1167px) 100vw, 1167px"/>
</picture>
<figcaption id="caption-attachment-589979" class="wp-caption-text">TRUMPUSD Chart Analysis Source: GeckoTerminal.com</figcaption></figure>
<p><span style="font-weight: 400;">Conversely, if the bears dominate, the MAGA price may descend further, with $2.8 remaining as a potential support threshold.</span></p>
<p><span style="font-weight: 400;">Investors interested in the PolitiFi sector of the crypto market might consider </span><span style="font-weight: 400;">FreeDum Fighters ($DUM)</span><span style="font-weight: 400;">, a new venture that has successfully raised over $225k within just a week of its launch.</span></p>
<p><span style="font-weight: 400;">Jacob Bury, a well-known analyst and YouTuber with over 43k subscribers, believes that DUM has the potential to grow 10X upon its launch.</span></p>
<noscript></noscript>
<h2>FreeDum Fighters Presale Nears $300K in Less Than a Week</h2>
<p><span style="font-weight: 400;">FreeDum Fighters</span><span style="font-weight: 400;"> is an innovative crypto project that</span> merges satire, politics, and gamification in a humorous take on the upcoming US presidential election next month.</p>
<p>At the heart of the initiative is an epic showdown between two mechanized political symbols vying for dominance: MAGATRON and Kamacop 9000.</p>
<p>The project introduces a distinctive staking mechanism that rewards users based on which political candidates they choose to support.</p>
<p>Upon investing in the presale, participants are invited to vote (stake) their $DUM tokens in favor of one of the candidates.</p>
<p>Currently, the fiercely patriotic Magatron offers an annual staking yield of 463%, while the groundbreaking feminist Kamacop 9000 showcases an astonishing 1,847% return. This suggests that a majority of token holders are backing and staking for Magatron.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="12.365439093484">
<p lang="en" dir="ltr">Excited for this year's elections?</p>
<p>Get engaged early by joining the <a href="https://twitter.com/Freedum_Fighter?ref_src=twsrc%5Etfw">@Freedum_Fighter</a> elections between MAGATRON and Kamacop </p>
<p>Cast your vote by participating in the <a href="https://twitter.com/search?q=%24DUM&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DUM</a> presale and using their stake-to-vote system </p>
<p>Follow this project—you won't regret it. <a href="https://t.co/j452Rht1Lq">pic.twitter.com/j452Rht1Lq</a></p>
<p>— Red (@Redlion35) <a href="https://twitter.com/Redlion35/status/1847010460752925065?ref_src=twsrc%5Etfw">October 17, 2024</a></p></blockquote>

<p>If their selected candidate excels in a debate or favorable developments occur, they will receive airdropped rewards that will be added to their staked balance. Only participants who have voted (staked) are eligible for these rewards.</p>
<p><span style="font-weight: 400;">DUM will be available across various blockchain platforms, including Ethereum (ETH), Binance Smart Chain (BSC), Base, and Solana (SOL).</span></p>
<p><span style="font-weight: 400;">For purchasing $DUM tokens, visit the official FreeDum Fighters website here</span><span style="font-weight: 400;"> using ETH, BNB, USDT, USDC, or SOL at the price of $0.00005. </span></p>
<h2>Related News</h2>

                                        <div class="inContentProviderSingle inContentColor--insidebitcoins fc-row">
                        <div class="inContentProviderSingle--wrapper">
                            <div class="container">
                                <div class="row mb-lg-3" wp_automatic_readability="6">
                                    <div class="col-12 col-md-8" wp_automatic_readability="7">
                                        <p class="inContentProviderSingle--title">Most Searched Crypto Launch - Pepe Unchained</p>
                                    </div>
                                    <!--/.col-md-4-->
                                </div><!--/.row-->
                                <div class="row">
                                    <!-- *******  Desktop Provider Logo ********** -->
                                    <div class="col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none">
                                        <img decoding="async" class="inContentProviderSingle--img mb-3" src="data:image/svg+xml,%3Csvg%20xmlns=" http:="" alt="Pepe Unchained" width="125" height="60" data-lazy-src="https://insidebitcoins.com/wp-content/uploads/2024/08/pepu.svg"/><img decoding="async" class="inContentProviderSingle--img mb-3" src="https://insidebitcoins.com/wp-content/uploads/2024/08/pepu.svg" alt="Pepe Unchained" width="125" height="60"/>
                                    </div>

                                    <div class="col-12 col-md-8">
                                                                                    <ul class="inContentProviderSingle--list">
                                                                                                    <li>Layer 2 Meme Coin Ecosystem</li>
                                                                                                    <li>Featured in Cointelegraph</li>
                                                                                                    <li>SolidProof &amp; Coinsult Audited</li>
                                                                                                    <li>Staking Rewards - pepeunchained.com</li>
                                                                                                    <li>$10+ Million Raised at ICO - Ends Soon</li>
                                                                                            </ul><!--/.inContentProviderSingle--lis-->
                                                                            </div>
                                    <!-- *******  Desktop Provider Logo ********** -->
                                    <div class="col-12 col-md-4 d-none d-sm-none d-md-block d-lg-block">
                                        <img decoding="async" class="inContentProviderSingle--img float-right" src="data:image/svg+xml,%3Csvg%20xmlns=" http:="" alt="Pepe Unchained" width="125" height="60" data-lazy-src="https://insidebitcoins.com/wp-content/uploads/2024/08/pepu.svg"/><img decoding="async" class="inContentProviderSingle--img float-right" src="https://insidebitcoins.com/wp-content/uploads/2024/08/pepu.svg" alt="Pepe Unchained" width="125" height="60"/>
                                    </div>
                                </div><!--/.row-->
                                <!--/.row-->
                            </div><!--/.container-->
                        </div><!--/.inContentProviderSingle--wrapper-->
                    </div><!--/.inContentProvider--single-->

<div class="telegrame_cta_content"><div class="wrap" wp_automatic_readability="5.3142857142857"><div class="telegrame_cta_content_inr" wp_automatic_readability="28.342857142857"><p>Subscribe to our <u><a href="https://t.me/insidebitcoins" target="_blank" rel="noopener">Telegram </a></u>channel for the latest breaking news updates</p>
</div></div></div>

    </div><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>