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

On November 4, Official Trump (TRUMP) and Melania Meme (MELANIA) fell to record lows after Democrats won Congress in the midterm elections, while Trump Media & Technology Group (DJT) closed at a record low. TRUMP dropped 18.10% to $1.25 after touching $1.22 and was 98.3% below its January 2025 peak of $73.43; MELANIA fell 13.15% to $0.06488 after a $0.06378 low and was 99.5% below its $13.05 peak. DJT closed at $4.49, down 24.54% from $5.95. Bitcoin and Ethereum gained 4.36% and 6.50% over 24 hours. Democrats prepared to take over oversight committees; Oversight chair Robert Garcia told Punchbowl News the panel will examine the family’s crypto deals, and from January subpoenas can compel documents and testimony without president’s signature.