Donald Trump's official memecoin, TRUMP, has hit a record low, trading at $1.12 after Democrats' gains in the midterm elections. The token is down over 98% from its peak, with holders facing significant losses.
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World Liberty Financial (WLF) launches a buyback program for its WLFI token, which has fallen over 73% since its peak. The plan aims to reduce supply, boost governance participation, and consolidate voting power among long-term holders.
Donald Trump's involvement in issuing a meme coin and his business interests have been cited as reasons for the delay in the passage of the CLARITY Act, which aims to establish cryptocurrency regulations. The bill's progress has stalled due to a loss of Democratic support. Meanwhile, there is also anticipation regarding the tokenization of assets.
World Liberty Financial (WLFI) has started a governance token WLFI buyback utilizing the yield from its stablecoin USD1 reserves. This strengthens the voting rights of long-term holders and suggests that USD1 adoption may indirectly influence the WLFI price. Trump-related meme coins also showed a downward trend.
"$70 became $1"... Trump Coin Plummets Amid 'Blue Tsunami'

President Trump's meme coin '$TRUMP' plummeted by 98.5% after the Republican Party's crushing defeat in the midterm elections, hitting an all-time low. This reflects concerns about the braking of pro-crypto policies and intensified congressional investigations following the Democratic Party's control of both the House and the Senate. It was revealed that President Trump earned approximately 850 billion won from selling the coin.
Bitcoin and Ethereum erased post-election gains as a tech stock selloff triggered over $1 billion in crypto liquidations. Market uncertainty persists despite election results.
After the US midterm elections, Trump (TRUMP) fell 7.1%, but Bitcoin (BTC) rebounded from its low, led by DeFi tokens. The market is offering various interpretations of the election results.
Anthony Scaramucci claims Donald Trump's memecoin ventures derailed the CLARITY Act, causing Democrats to withdraw support due to concerns over ethics and business interests. The bill failed to advance, with significant losses reported for investors in Trump-related crypto.
Official TRUMP plummeted 19.92% on Binance, reaching $1.27. The RSI entered oversold territory at 27.9, and it's trading below key moving averages. It's described more as a support tool than an investment.
Trump-linked crypto tokens TRUMP, WLFI, and MELANIA have seen sharp declines post-US elections, diverging from Bitcoin's rise. Trump Media's transfer of 4,259 BTC adds to market uncertainty.
Upbit's 24-hour trading volume reached $931 million, an increase of 29.7% compared to the previous day. Notably, Ripple (XRP) in the Korean Won trading pair accounted for 11.6% of the trading volume, ranking first, followed by Bitcoin, Ethereum, and Tether.
CoinMarketCap's global trending #1 was ZIG, followed by BTC, ETH, SOL, etc. In Korea, MPLX took the #1 spot, and the top 10 trending coins in Korea were entirely different from the global top 10. Only 5 Korean trending coins ranked within the global top 100.
Assets related to President Trump have plummeted following the Democratic Party's victory in the US midterm elections. Trump Media stock hit a record low, and the meme coin TRUMP also weakened. The risk of congressional investigations is weighing on investor sentiment.
Trump Media shares and the TRUMP meme token hit record lows following Democratic victories in the midterm elections, sparking concerns of potential congressional investigations into the former president's business dealings.
Trump-related assets plummeted as Democrats secured control of both houses in the US midterm elections. Trump Media's stock price hit an all-time low, and the meme coin TRUMP also showed weakness. This is analyzed as reflecting concerns about potential investigations into the Trump family's businesses by the Democratic Party.
Trump-linked meme coins TRUMP and MELANIA, along with DJT, hit record lows after Democrats won Congress, diverging from a broader crypto rally led by BTC and ETH. Regulatory scrutiny is increasing.
DJT stock experienced a significant crash, falling nearly 25% to a record low following the Democratic midterm election victories. This decline has reportedly reduced Donald Trump's wealth by $168 million.
Trump-related meme coins TRUMP and MELANIA hit all-time lows following the Democratic Party's congressional control. While Bitcoin and Ethereum showed upward trends, Trump Media stocks also plummeted. The Democratic Party has signaled an investigation into the Trump family's cryptocurrency transactions.
Trump-linked tokens like TRUMP and WLFI saw significant losses after Democrats' midterm election victories, impacting politically associated memecoins. Major cryptocurrencies like BTC and ETH advanced.
Trump-linked crypto tokens TRUMP and WLFI saw significant drops following the US midterm elections, while the broader market including BTC and ETH rallied. This highlights the volatility of political tokens and raises questions about future crypto legislation.








