ConstitutionDAO (PEOPLE) vs FreeDum Fighters (DUM): Is This the End of PEOPLE's Run?
The crypto market’s legendary democracy experiment, ConstitutionDAO (PEOPLE), has been on fire in the past few weeks. But as PEOPLE’s hot streak cools
ConstitutionDAO (PEOPLE) has soared by 640% YTD, despite failing to buy a copy of the U.S. Constitution in 2021. Now, some investors are eyeing FreeDum Fighters (DUM) as an alternative.
As PEOPLE’s hot streak cools, another political cryptocurrency is heating up in a big way.
ConstitutionDAO’s PEOPLE token has enjoyed an interesting second life in 2024. Despite losing out in its bid to purchase a copy of the U.S. Constitution in 2021, the token has soared by 640% YTD. This is thanks to a renewed interest in political cryptocurrencies ahead of the upcoming election.
But as PEOPLE’s price stalls, another token is quickly gaining steam. FreeDum Fighters (DUM) is a new token that has already soared by an incredible 2,200% since its presale began six days ago. This brings FreeDum Fighters’ total presale raise to an impressive $250,000.
What Is FreeDum Fighters?
FreeDum Fighters is a new project that combines elements of political satire, Web3 technology, and a unique staking system to capitalize on the PolitiFi craze.
The project features two mechanized political figures – MAGATRON and Kamacop 9000 – that go head-to-head in a unique election.
DUM token holders can stake their tokens to vote for their chosen candidate, with each candidate offering a different APY based on their performance. For instance, at the time of writing, Kamacop 9000's staking pool offers 1,782% APY, while MAGATRON's offers 409% APY.
The project also hosts weekly social media debates, with winners not only gaining bragging rights but also receiving “covert government funding” airdrops.
This setup has seen FreeDum Fighters quickly gain attention on Telegram, with crypto expert ClayBro even labeling DUM the “top political crypto token.”
Is PEOPLE’s Rally Cooling Off or Can It Rebound?
PEOPLE has enjoyed an impressive run since early October, rising steadily to hit $0.092 earlier this month. Although the token has since dipped to $0.079, it still shows clear higher highs and higher lows on the 4-hour chart.
However, the bullishness might be winding down. On Monday, PEOPLE slipped below its 50-day moving average, a key technical indicator that often signals a change in the trend.
Even more concerning for holders, a bear flag pattern is forming on the 4-hour chart, suggesting more downside could be ahead.
If PEOPLE breaks below this pattern, the next stop could be around $0.070, where previous support might come into play.
But there’s an even bigger issue. While other political-themed tokens at least serve as proxies for specific figures, PEOPLE is running just on speculation. Without a clear use case to drive buying interest, this rally may have run its course.
FreeDum Fighters Surges by 2,200% in Presale, Beat ConstitutionDAO’s PEOPLE in PolitiFi Race?
ConstitutionDAO’s PEOPLE token has soared by 640% YTD, but another political cryptocurrency is heating up in a big way.
After losing out in its bid to buy a copy of the U.S. Constitution in 2021, ConstitutionDAO’s PEOPLE token has enjoyed an interesting second life in 2024.
The token has soared by 640% YTD thanks to a renewed interest in political cryptocurrencies ahead of the upcoming election.
But as PEOPLE’s price stalls, another token is quickly gaining steam. FreeDum Fighters (DUM) is a new token that has already soared by an incredible 2,200% since its presale began six days ago.
This brings FreeDum Fighters’ total presale raise to an impressive $250,000.
FreeDum Fighters is a new project that combines elements of political satire, Web3 technology, and a unique staking system to capitalize on the PolitiFi craze.
The project features two mechanized political figures – MAGATRON and Kamacop 9000 – that go head-to-head in a unique election.
DUM token holders can stake their tokens to vote for their chosen candidate, with each candidate offering a different APY based on their performance. For instance, at the time of writing, Kamacop 9000's staking pool offers 1,782% APY, while MAGATRON's offers 409% APY.
The project also hosts weekly social media debates, with winners not only gaining bragging rights but also receiving “covert government funding” airdrops.
This setup has seen FreeDum Fighters
The above is the detailed content of ConstitutionDAO (PEOPLE) vs FreeDum Fighters (DUM): Is This the End of PEOPLE's Run?. For more information, please follow other related articles on the PHP Chinese website!

Fayetteville Police Department officers Kevin Ingram and David Cagle present Spring Hill Elementary fifth grader Dan Smith with a certificate of recognition for his heroic actions. By FPD

Artificial Intelligence (AI) has begun to penetrate all aspects of human life, and governance is next. On April 14, the government of the United Arab Emirates (UAE) approved the implementation of what the media is calling the first AI-powered legisla

On-chain data reveals that large Shiba Inu investors, referred to as whales, sold their tokens as the coin's value declined.

Smart crypto investors are looking for an asset with real-world utility and early potential gains in 2025. XRP and Chainlink (LINK) remain the bedrock of solid portfolios but new opportunities

As Bitcoin flirts with the $100,000 milestone and Ethereum climbs closer to the $2,000 mark, the eyes of crypto enthusiasts and investors alike are beginning to focus

U.S. President Donald Trump’s media company, called Trump Media & Technology Group, is exploring yet another crypto-related venture, the company said in a letter to shareholders on Tuesday.

Top 10 digital currency trading apps: 1. OKX, 2. Binance, 3. Coinbase, 4. Kraken, 5. Huobi, 6. KuCoin, 7. Bitfinex, 8. Gemini, 9. Bitstamp, 10. Poloniex, these platforms are all known for their security, user experience and diverse features, suitable for users with different needs to conduct digital currency transactions.

A video by DA CONTENT TV on YouTube dives deep into a bold new prediction for Pi Network (PI). According to the discussion, there is growing optimism that the Pi price could surge dramatically, potentially hitting $5 much sooner than many expected.

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

SublimeText3 Mac version
God-level code editing software (SublimeText3)

SublimeText3 Chinese version
Chinese version, very easy to use

Dreamweaver CS6
Visual web development tools

Notepad++7.3.1
Easy-to-use and free code editor

WebStorm Mac version
Useful JavaScript development tools
