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Trump-Branded Crypto Assets Lag Broader Market Despite Post-Election Rally

Trump-Branded Crypto Assets Lag Broader Market Despite Post-Election Rally

Photo: TheCoinrise

Tokens tied to the Trump name have underperformed even as the wider crypto market climbed following the election. A segment of the crypto market linked to Donald Trump's name has not shared in the gains that lifted the wider sector after the election, BeInCrypto reported. While major cryptocurrencies and related assets climbed on renewed risk appetite, tokens associated with the Trump brand lagged behind, the outlet said. The report does not specify exact figures, but it frames the underperformance as notable given how closely some of these assets have been tied to political sentiment and headline-driven trading.

Source: TheCoinrise

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