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Sunday's US presidential election could be a pivotal day for cryptocurrencies

Linda Hamilton
Release: 2024-11-02 03:58:09
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Even though many traders hope Donald Trump will win due to his pro-crypto stance, the new Reuters report suggests that either candidate could benefit the market.

Sunday's US presidential election could be a pivotal day for cryptocurrencies

With Sunday’s US presidential election being a pivotal day for cryptocurrencies, many traders are hoping for a Donald Trump victory due to his pro-crypto stance.

However, a new Reuters report suggests that either candidate could benefit the market.

With Bitcoin also nearly reaching a new ATH yesterday, it seems all the elements are in place for new investments and rallies.

Among the most promising options are the presales for Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), Flockerz ($FLOCK), FreeDum Fighters ($DUM), The Memebet Token ($MEMEBET), and Sponge V2 ($SPONGE).

Let’s dive into the details.

Best Tokens Under $1 to Buy In November 2024 – Quick Outline

Here’s a quick overview of the most promising projects that currently cost under $1:

Best Tokens to Buy Before the U.S. Elections – In-Depth Analysis

Now, let’s explore each project in detail.

Pepe Unchained ($PEPU) – Has a Plan to Surpass the Original Pepe Coin with Its Layer-2 Blockchain that Could Resolve Ethereum’s Issues

Pepe Unchained ($PEPE) is another token that wants to ride the popularity of the Pepe meme. Its ongoing presale has raised an impressive $23.9 million so far.

What’s interesting is that Japan recently made $PEPE its first meme coin approved for trading – this could mean big news for tokens that are using the same meme.

This project is particularly popular because of its custom blockchain, ‘Pepe Chain.’ The Layer-2 network is designed to address issues that have long frustrated Ethereum users.

Supposedly, it will allow near-instant bridging between the two networks and tackle Ethereum’s scalability challenges.

Additionally, through the innovative ‘Pepe Frens With Benefits’ program, third-party developers can now create their own dApps, NFTs, and projects on the Pepe Chain, opening up new possibilities to a wide range of creators and investors.

Crypto All-Stars ($STARS) – Uses the MemeVault Feature to Unify Staking for Popular Meme Coins

Crypto All-Stars ($STARS) is getting ready to launch its token and it’s packed with some impressive features.

It’s being branded as the first token to let investors stake multiple meme coins on a single platform – something the crypto community hasn’t seen before in a meme coin.

The foundation of it lies in the MemeVault ecosystem, where investors can put up to 11 popular meme coins, like Dogecoin, Pepe, and Shiba Inu for staking.

This list is set to grow as Crypto All-Stars picks up speed, which could push $STARS’s price higher down the line.

For $STARS stakers, there is currently a hefty 531% APY and a 3x token multiplier – however, these benefits will go down as more participants enter.

YouTube crypto influencer ClayBro is backing this project, claiming that $STARS could see a 67x leap once it hits the market.

Flockerz ($FLOCK) – This Project’s Future Is In The Hands of the Community With the Brand New Vote-to-earn Model

Flockerz ($FLOCK) is a new meme ICO that is working on a solution to the transparency issues that many modern tokens face.

In August there was a $15 million theft from PEPU’s treasury, where insiders took advantage of a centralized structure. Flockerz wants to put an end to this.

This project puts its community at the center with decentralized features and stronger security protocols. So far, the project has raised more than $1.2M.

Its “Vote-to-Earn” DAO gives $FLOCK holders a reason to participate and shape the project’s future while earning rewards for each vote they cast. Here, decisions aren’t made in the shadows – the community votes on them.

The presale offers a limited-time price of $0.0059098 and a big 1411% APY staking rate, giving early supporters a chance to get in at a much lower price point.

FreeDum Fighters ($DUM) – US Election-Based Meme Coin That Could Capitalize on the Presidential Hype Due to Its Humorous Memes 

FreeDum Fighters ($DUM) is combining politics and crypto assets (PolitiFI), a niche market valued at $743 million and known for surges around election season.

It brings a satirical theme by turning political figures into mechanized contenders, Magatron and Kamacop 9000.

This is pushing the project’s presale past $375,000 already. Early investors can still get in at $0.00006 per $DUM token, with prices set to rise in later stages.

Another feature that sets this project apart is its interactive

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