[ad_1]
Be part of Our Telegram channel to remain updated on breaking information protection
The MAGA Hat value has surged greater than 65% in week, regardless of a 2% drop within the final 24 hours, to commerce at $0.0002394 as of 6:14 a.m. EST as buyers purchase into the political meme coin forward of the US election.
The slight correction within the MAGA value prior to now day comes after Republican presidential candidate Donald Trump posed in a rubbish truck dressed as a sanitation employee earlier than a rally in Inexperienced Bay, Wisconsin.
The publicity stunt got here in response to President Joe Biden seemingly calling Trump’s supporters “rubbish.” Biden has stated his remarks referred to at least one particular person solely.
MAGA Hat Worth Hanging Onto Help
4-hour chart for MAGA/USD (Supply: GeckoTerminal)
The MAGA Hat value is resting on the assist stage at $0.0002260. Ought to it break under this technical crutch within the subsequent 12 hours, it may stand the danger of plummeting to the following mark at $0.0001782 within the following 24 hours.
Nevertheless, merchants figuring out the political meme coin’s present value as a purchase alternative may end in MAGA rebounding from the $0.0002260 assist. Merchants may subsequently find yourself pushing the crypto’s value to the following main resistance stage at $0.0002892. Continued purchase stress ought to the meme coin attain this level may then result in it rising to $0.0003524.
Technicals Warn The MAGA Hat Worth May Drop In The Brief Time period
From a technical perspective, indicators on MAGA’s 4-hour chart warn the political meme coin may drop within the coming 24 hours. Each the Transferring Common Convergence Divergence (MACD) and the Relative Energy Index (RSI) are displaying unfavourable indicators.
Over the last buying and selling session, the MACD line dropped under the MACD Sign line. Merchants often see this particular technical occasion as a sign {that a} crypto has entered a short-term unfavourable development. What’s extra, the MACD line is breaking away under the MACD Sign line. This implies that MAGA’s bearish momentum is choosing up steam.
RSI readings have additionally dropped from the low 60s to the present studying of 51, which might be seen as a sign of bulls shedding their grip on the MAGA Hat value. Though nonetheless positioned bullishly above the 50 benchmark to counsel that patrons have the higher hand towards sellers, the unfavourable slope of the RSI line warns that bears may quickly steal the benefit.
Because the MAGA Hat technicals warn of an upcoming correction, buyers are dashing to purchase political meme coin rival FreeDum Fighters (DUM). YouTuber Jacob Bury just lately advised his 43K subscribers that the token may surge 10X after it launches.
A Lighthearted Take On The Upcoming US Presidential Elections
With the US presidential elections across the nook, buyers are ready in anticipation to see whether or not pro-crypto Trump will emerge victorious towards his political rival Kamala Harris.
FreeDum Fighters (DUM) permits buyers to take part within the political showdown on-chain, selecting between different candidates MAGATRON and Kamacop 9000 as they struggle for supremacy.
Every character has a devoted staking pool, which buyers might want to stake tokens in to point which of the 2 they’re backing. By supporting both one of many mission’s fictional characters by locking up tokens within the related staking pool, DUM holders stand to earn engaging rewards.
At the moment, anybody who votes/stakes tokens within the Kamacop 9000 pool stands to earn as much as 1,023% in annual rewards. In the meantime, the pool linked to MAGATRON is providing backers a return of 301%.
Traders Rush To Purchase DUM At Presale Costs
FreeDum Fighters has raised over $366K to date, signaling sturdy investor confidence within the mission’s future.
Appears to be like like Staff Kamacop has taken the lead 🔵 https://t.co/9ALrtYFUrw
— FreeDum Fighters (@Freedum_Fighter) October 31, 2024
Anybody can unlock entry to the engaging staking returns by merely buying and staking DUM on the token’s official web site.
Promoting for $0.00006, DUM might be purchased with both ETH, USDT, BNB, BASE, SOL, or USDC. As soon as acquired, buyers can then stake their tokens by way of the vote/stake web page to realize entry to the excessive rewards out there to presale patrons.
buyers can purchase earlier than a value hike in slightly greater than 1 day.
Purchase and stake DUM on its official website here.
Associated Articles:
Most Searched Crypto Launch – Pepe Unchained
- Layer 2 Meme Coin Ecosystem
- Featured in Cointelegraph
- SolidProof & Coinsult Audited
- Staking Rewards – pepeunchained.com
- $10+ Million Raised at ICO – Ends Quickly
Be part of Our Telegram channel to remain updated on breaking information protection
[ad_2]
