Shiba Inu Investors Acquire New Trump Presale – Is This the Next Significant Opportunity?

Trump’s cryptocurrency policy is boosting markets this week, and Shiba Inu is participating in the surge.

With Bitcoin achieving a new all-time high and meme coins experiencing significant increases, let’s examine Shiba Inu to understand how SHIB’s price is developing on the charts.

After a prolonged period of anticipation, the cryptocurrency market exploded into a robust bull trend following Donald Trump’s election last week, with heightened price movements impacting major tokens like DOGE after the announcement of the Department of Government Efficiency, drawing attention to high-cap meme coins.

SHIB holders are looking forward to substantial returns during this bull run, following initiatives by developers like Shytoshi to implement significant upgrades last year through the Shibarium layer-2.

Hey #SHIBARMY, since this was properly ignored (for now) by the USA. Where else in the world could this be adopted as a physical, revenue-generating location? Any takers??? Maybe I should ping Japan? https://t.co/VgGlxaIPp8

— Shytoshi Kusama (@ShytoshiKusama) November 10, 2024

With Trump in office and the success of the DOGE initiative, Shytoshi is now setting his sights higher, proposing to the US Government the establishment of S.H.I.B – a Strategic Hub for Innovation and Blockchain (also referred to as a Silicon Valley for Crypto).

While this may have once appeared to be a distant dream, in 2024, it is not entirely an unrealistic possibility, and this news is driving SHIB price increases.

SHIB Price Analysis: Shiba Inu Crypto is Rising – Will SHIB Reach a New All-Time High?

As Shiba Inu solidifies significant weekly gains, SHIB is currently trading at a market price of $0.0000264 (indicating a 24-hour change of -0.11%).

This consolidation follows an explosive weekend and a strong weekly market opening, which has seen the SHIB price surge dramatically by +50% over four days from the moving average support.

The surge was propelled by support from the 20DMA (currently at $0.00001975) after this key moving average formed a golden cross with the 200DMA on November 9.

At the time of writing, it seems SHIB bulls are solidifying the new price level above support at $0.000025, while $0.000030 remains the current target for traders.

However, this consolidation may extend over several days, as significant overheating on the RSI indicator indicates overbought conditions with a reading of 75—though in bull market scenarios, the RSI can often remain overextended longer than a bear trader can maintain liquidity.

With support at $0.000025 and a target of $0.000030, SHIB price currently presents a risk: reward ratio of 1.92.

This indicates a bullish entry, yet with potential gains in the short-term limited to a modest +12.5% move; it is not surprising that savvy investors are shifting their focus to promising emerging projects like new prediction markets.

Is Freedum Fighters Prediction Market Poised to Surge After Polymarket Trump Election Success?

While the US election spotlighted Polymarkets, the question now is whether Polymarket’s competitor, FreeDum Fighters, provided even more accurate predictions and more lucrative opportunities.

FreeDum Fighters is a PolitiFi token with a unique approach. Through its $DUM token, the crypto project operates a dynamic predictions market that is currently experiencing increased volumes following Trump’s victory. To date, over $489,000 has been raised.

We have our winner of the $DUM debate #1:
The winner is Kamacop 9000, for debating against the statement:
MAGATRON’s hair is the pinnacle of American engineering. Just like McDonald’s is the pinnacle of American cuisine.
All prizes will be paid at a later time closer to TGE. https://t.co/kKH0T0dtDU

— FreeDum Fighters (@Freedum_Fighter) November 13, 2024

Unlike Polymarket, the platform provides a “game-like” experience where Trump is represented by his character (MAGATRON) and Harris by (Kamacop 9000).

These characters were developed using AI, competing for dominance in the political landscape.

Supporters of Trump could stake DUM in the MAGATRON pool, while fans of Harris staked in the Kamacop 9000 pool.

Rewards varied based on who was leading at any moment. For instance, if Trump was ahead, the annual yield decreased, and vice versa.

Nevertheless, when the winner was declared, DUM stakers backing Trump received a 273% APY, while the Harris pool offered a 725% APY.

In comparison, FreeDum Fighters assigned Trump a 66% chance of winning (which he did), surpassing Polymarket’s estimate of 58% on November 5 – indicating that FreeDum Fighters is a more precise prediction market.

This is why analysts assert that FreeDum Fighters was significantly more accurate. Unlike Polymarket, undecided voters could stake in both pools, enabling them to diversify their risks and earn rewards.

The election has concluded, but DUM remains and aims to dominate the political arena. DUM will be listed on a leading DEX at the conclusion of the presale, providing investors with an opportunity to benefit from the upward trend.

Simultaneously, the team intends to enhance community engagement and distribute additional rewards.

In late October, the team initiated the “Gleam” giveaway worth $1,000 for new users who complete simple tasks on X.

Five winners will be chosen, each receiving $200. More rewards are also planned for the future, reflecting investors’ confidence in FreeDum Fighters.

Visit Freedum Fighters Here to Learn More

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