PNUT Pumps 11 Percentage as Bullish Momentum Returns; Experts Eye FreeDum Fighters for Bigger Gains

Peanut the Squirrel (PNUT) token is once again surging as the broader crypto market reclaims its bullish momentum. However, market analysts are keeping a keen eye on FreeDum Fighters, a new meme coin gaining traction, which could soon surpass PNUT in terms of growth potential.

PNUT Hits $1.21, Breaks Through Key Resistance

Peanut the Squirrel has seen a strong 11% increase, rising to $1.21, marking its highest value since Monday. With a market capitalization of $1.1 billion and 24-hour trading volume of $1.3 billion, PNUT has been gaining momentum after a brief cooldown following its explosive post-election rally.

Traders and analysts are predicting that this is just the beginning, with further gains expected. According to ZAYK Charts, PNUT has successfully broken out of a falling wedge chart pattern, signaling a potential rally toward $2.2. Meanwhile, Team Lambo Charts suggests that PNUT could even reach $5, which would give it a higher market cap than well-known meme coins like Bonk and Dogwifhat.

A Political Rally Cry That Propelled PNUT

PNUT’s rise can be traced back to its connection to a viral political moment. The meme coin gained significant attention after the controversial confiscation and euthanization of an internet-famous pet squirrel, Peanut, by New York authorities. The incident sparked outrage, especially among supporters of smaller government, making it a rallying cry during the US election.

Elon Musk further amplified the movement, urging voters to “vote for Peanut” and highlighting its symbolic importance. In the final stages of the election, Musk referred to the meme coin as a key factor in "saving America," giving PNUT an additional boost in popularity. Following this, a listing on Binance sent the coin into overdrive, quickly catapulting it to become the fastest meme coin to hit a $2 billion market cap.

Early investors reaped massive rewards, with one individual turning a $17 investment into an astonishing $3 million.

FreeDum Fighters: Could It Be the Next PolitiFi Millionaire-Maker?

As the political landscape shifts, some investors are now turning their attention to FreeDum Fighters, a new meme coin project that is poised to take the reins of the "PolitiFi" sector. Building on the momentum of the past election cycle, FreeDum Fighters introduces a blend of satirical politics and innovative utility, providing staking pools for the “FreeDum” and “LibDum” parties. Users can participate by voting for their favorite and earn rewards in the process.

The project’s unique use case, similar to platforms like Polymarket, allows users to predict political outcomes and earn crypto. This presale project has garnered excitement, with many experts calling it the next potential PolitiFi success story.

Borch Crypto praised FreeDum Fighters for its innovative model, although they warned that the presale is rapidly coming to a close, with just eight days left to invest before the presale ends. Investors looking for an entry point into the project can purchase $DUM tokens via the official presale site or through the Best Wallet app’s Upcoming Tokens feature.

Conclusion: Is FreeDum Fighters the Next Big Thing?

While Peanut the Squirrel continues to shine with its recent bullish rally, FreeDum Fighters is quickly emerging as a strong contender in the meme coin space. With its unique blend of political satire and tokenized rewards, FreeDum Fighters may well be the next big meme coin to explode, particularly as its presale draws to a close.

For now, investors are watching PNUT closely, with many believing that its current momentum could push it to new heights, but FreeDum Fighters is certainly a project to watch in the coming months.