TRUMP crashes 17% as Democrats sweep the midterms – $1.22 is what matters now

After the Blue Wave swept across the US midterm elections with the Democrats winning control of both the House and Senate, OFFICIAL TRUMP [TRUMP] faced strong selling pressure. The token dropped 17.37% to $1.27 in the last 24 hours and briefly hit a new all-time low of $1.22, despite the wider crypto market's slight rally. This sharp drop shows rising uncertainty about the future of President Trump's crypto-friendly policies and the chance that Congress may look more closely at his family's crypto activities. The sell-off has also spread to other political memecoins, indicating that TRUMP isn't the only token under scrutiny. TRUMP's daily chart shows little sign of a recovery TRUMP's daily chart continued to paint a bearish picture, with the token trading at $1.28 at the time of writing.

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