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Markets

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

Image: BeInCrypto

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. MELANIA lost 13.15% over the same period to $0.06488 after setting a record low of $0.06378. It sits 99.5% below its $13.05 peak.

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