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One Corner of Crypto Missed the Post-Election Rally, and It Carries Trump’s Name

One Corner of Crypto Missed the Post-Election Rally, and It Carries Trump’s Name

Official Trump (TRUMP) and Melania Meme (MELANIA) fell to record lows after Democrats won Congress in the midterm elections. Trump Media & Technology Group (DJT) stock also closed at a record low on Wednesday.

The broader crypto market moved the other way. Bitcoin (BTC) gained 4.36% over the past 24 hours, while Ethereum (ETH) rose 6.50%, BeInCrypto Markets data shows.

Record Lows on a Green Day for Crypto

TRUMP dropped 18.10% over 24 hours to $1.25. The meme coin touched a record low of $1.22 on November 4. It now trades 98.3% below its $73.43 peak from January 2025.

Official Trump (TRUMP) Meme Coin Price Performance
Official Trump (TRUMP) Meme Coin Price Performance. Source: BeInCrypto Markets

MELANIA lost 13.15% over the same period…

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