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Trump Crypto Tokens Crash as Democrats Take Control of Congress

Trump Crypto Tokens Crash as Democrats Take Control of Congress

Photo: Bitcoinist

Trump crypto tokens led losses across the digital asset market after Democrats secured control of both chambers of Congress in the November 3 midterm elections . The Official Trump (TRUMP) memecoin dropped approximately 17% in 24 hours to $1.33, while World Liberty Financial’s WLFI token declined more than 7% to around $0.047. Melania Trump’s MELANIA token also suffered a significant decline, falling nearly 13%. The selloff contrasted with a broader crypto market recovery, as Bitcoin gained more than 4% and Ethereum advanced approximately 6%.

Source: Bitcoinist

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