Crypto tokens tied to Donald Trump’s family fell sharply after Democrats won control of Congress, while major cryptocurrencies held firm. The TRUMP memecoin dropped 19% in 24 hours to $1.25, about 98% below its January 2025 peak of $73.43, according to Coin Bureau. MELANIA fell 14% to $0.065, down 99.5% from its high, and World Liberty Financial’s WLFI slipped 4% to $0.048. Reuters has estimated the Trump family earned at least $2.3 billion from four crypto ventures since the president returned to office, while investors lost a similar amount. Democrats have said they plan to investigate those ventures once they take over in January. Bitwise CIO Matt Hougan said the split shows crypto is maturing, as election-sensitive tokens and AI-linked miners fell while Bitcoin, Ether and Solana were steady.
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