{"id":906695,"date":"2026-11-05T11:12:09","date_gmt":"2026-11-05T11:12:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/906695\/"},"modified":"2026-11-05T11:12:09","modified_gmt":"2026-11-05T11:12:09","slug":"one-corner-of-crypto-missed-the-post-election-rally-and-it-carries-trumps-name","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/906695\/","title":{"rendered":"One Corner of Crypto Missed the Post-Election Rally, and It Carries Trump\u2019s Name"},"content":{"rendered":"\n<p class=\"text text-block paragraph text-left  neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Official Trump (TRUMP) and Melania Meme (MELANIA) fell to record lows after Democrats won Congress in the midterm elections. Trump Media &amp; Technology Group (DJT) stock also closed at a record low on Wednesday.  <\/p>\n<p class=\"text text-block paragraph text-left  neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">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.  <\/p>\n<p>        Record Lows on a Green Day for Crypto          <\/p>\n<p class=\"text text-block paragraph text-left  neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">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.  <\/p>\n<p>    <a href=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/6e7cf8e401f09b4bd446ffaf2530de68457ea42968fb500599abbc9f38ee220e\/lightyear_networkapi\/resizefit_w960%3Bquality_80%3Bformat_webp\/https%3A%2F%2Fmedia.zenfs.com%2Fen%2Fbeincrypto_us_662%2F18524a080c9c698cfa8d023d6336881d.png\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"Official Trump (TRUMP) Meme Coin Price Performance\" height=\"377\" width=\"960\" class=\"yf-1f8hkhu loader\"\/><\/a> Official Trump (TRUMP) Meme Coin Price Performance. Source: BeInCrypto Markets           <\/p>\n<p class=\"text text-block paragraph text-left  neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">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.  <\/p>\n<p class=\"text text-block paragraph text-left  neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">DJT stock fell 24.54% on Wednesday to close at $4.49 on the Nasdaq, down from $5.95 a day earlier. This was the lowest close on record for Trump Media stock.  <\/p>\n<p class=\"text text-block paragraph text-left  neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Follow us on X to get the latest news as it happens  <\/p>\n<p class=\"text text-block paragraph text-left  neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">World Liberty Financial (WLFI), the token of the Trump-backed DeFi venture, was the exception. It rose 3.22% to $0.04758, though it also hit a record low of $0.04575 on November 4.  <\/p>\n<p>        Democrats Trade Letters for Subpoenas in January          <\/p>\n<p class=\"text text-block paragraph text-left  neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The Trump meme coins hit their lows as Democrats prepared to take over key oversight committees.  <\/p>\n<p class=\"text text-block paragraph text-left  neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Rep. Robert Garcia, who will chair the House Oversight Committee, marked the win with a short post on X.  <\/p>\n<p class=\"text text-block paragraph text-left  neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Garcia told Punchbowl News the panel will examine the family&#8217;s crypto deals, Fortune reported. The outlet expects World Liberty to be first in line. Democrats have focused on a $500 million stake an Emirati royal bought last year.  <\/p>\n<p class=\"text text-block paragraph text-left  neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Until now, Democrats could only ask. In June, Elizabeth Warren and four other Senate Democrats demanded hearings into that stake.  <\/p>\n<p class=\"text text-block paragraph text-left  neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">In July, Warren and Adam Schiff also urged the Securities and Exchange Commission to probe Trump Media&#8217;s Truth API. The service sells trading firms early access to Trump&#8217;s posts. From January, subpoenas can compel documents and testimony without the president&#8217;s signature.  <\/p>\n<p class=\"text text-block paragraph text-left  neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Before Election Day, White House spokeswoman Lauren Bis dismissed Democrats&#8217; plans as a decade-long campaign against Trump. Trump has also threatened to veto any bill, and overriding him requires two-thirds of both chambers.  <\/p>\n<p class=\"text text-block paragraph text-left  neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">For TRUMP holders, the next date is November 22. That day, the coin&#8217;s top 185 holders are due to attend a gala dinner with Trump.  <\/p>\n<p class=\"text text-block paragraph text-left  neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Subscribe to our YouTube channel to watch leaders and journalists provide expert insights  <\/p>\n<p class=\"text text-block paragraph text-left  neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><iframe loading=\"lazy\" title=\"What If Trump Loses The Midterms?\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/Hbb5FoIun8o?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>  <\/p>\n<p class=\"text text-block paragraph text-left  neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Read the Original story <a href=\"https:\/\/beincrypto.com\/trump-meme-coins-record-lows-midterms\/\" data-ylk=\"slk:One%20Corner%20of%20Crypto%20Missed%20the%20Post-Election%20Rally%2C%20and%20It%20Carries%20Trump&#039;s%20Name;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;One Corner of Crypto Missed the Post-Election Rally, and It Carries Trump&#039;s Name&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">One Corner of Crypto Missed the Post-Election Rally, and It Carries Trump&#8217;s Name<\/a> by Kamina Bashir at <a href=\"https:\/\/beincrypto.com\" data-ylk=\"slk:beincrypto.com;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;beincrypto.com&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">beincrypto.com<\/a>  <\/p>\n","protected":false},"excerpt":{"rendered":"Official Trump (TRUMP) and Melania Meme (MELANIA) fell to record lows after Democrats won Congress in the midterm&hellip;\n","protected":false},"author":2,"featured_media":906696,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[5097,28,122,101,939,2993,2994,32455,2995,932,112,32456,20112,147,9323,1170,1666,6480,2996,2997,923,19533,3733,32457],"class_list":["post-906695","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-401k","tag-business","tag-business-news","tag-economy","tag-finance","tag-financial-information","tag-investing","tag-investment-tools","tag-investor","tag-market-news","tag-markets","tag-mortgage","tag-mutual-funds","tag-personal-finance","tag-quote","tag-real-estate","tag-retirement","tag-stock","tag-stock-research","tag-stock-valuation","tag-stocks","tag-suze-orman","tag-tax","tag-track-portfolio"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/906695","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=906695"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/906695\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/906696"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=906695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=906695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=906695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}