XRP Rose 3.9% While the TRUMP Coin Fell 17% After Democrats Took Congress. What Does a Blue Congress Mean for XRP?
- On Tuesday, Democratic victories in midterm elections secured the party control of both the House and Senate, including surprise wins in Texas. Trump-linked tokens crashed immediately following the results.
- Official Trump is the president's memecoin launched in January 2025, while World Liberty Financial is a Trump family-backed decentralized finance project launched in 2024. Both assets depend heavily on political sentiment.
- TRUMP fell 17% over 24 hours to $1.33, while WLFI dropped over 7% to $0.047. The broader political memecoin sector's total market capitalization fell more than 16% to $477 million on the day.
- While political tokens slid, the overall crypto market rose 3.4% to $2.69 trillion. Bitcoin climbed more than 4% to around $80,500 and Ether gained 6% to $2,433, indicating clear divergence in investor sentiment.
- Benjamin Sarquis Peillard, CEO of Cap, noted that investors appear to treat politically linked tokens differently than other cryptocurrencies. A bill establishing a regulatory framework for digital assets failed to advance in the Senate earlier this year.
46 Articles
46 Articles
Melania memecoin hit rock bottom after Republicans took a beating on election day: report
Investors who have held onto their Melania memecoins since the token’s $13.05 peak at its January 2025 launch got more bad news after Republicans took a beating in the midterm election.The first lady’s cryptocurrency sank to a "record low" as Republicans were losing their grip on Congress, Happy Coin News reported.MELANIA shed nearly 13% of its value in trading on Nov. 4, falling to roughly $0.066, according to Yahoo Finance. At that price, some…
In dive the shares of the company that controls Truth social, the digital currency with the name Trump and the token World Liberty, while the rest of the cryptocurrencies rises. From the return to the presidency the assets of the president has grown mainly thanks to activities related to his office. But with the Congress in the hands of the dem new investigations on family affairs are approaching
The Democratic Party's clear victory at midterms has led to a reflection on Donald Trump's financial assets. The main investments that had experienced strong growth...
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BizTocXRP Rose 3.9% While the TRUMP Coin Fell 17% After Democrats Took Congress. What Does a Blue Congress Mean for XRP?
Trump-linked tokens cratered while XRP quietly climbed after the midterm shake-up, but the biggest catalyst for XRP just got harder to reach. Whales are moving hundreds of millions of coins, and a few price levels will show who is really buying.
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