# Trump’s Political Career Crashed Last Night. So Did His Crypto.

- URL: https://talkfuse.com/story/trumps-political-career-crashed-last-night-so-did-his-crypto/
- Published: 2026-11-04T20:10:55+00:00
- Updated: 2026-11-04T20:18:23+00:00
- Original publisher: Mother Jones (publisher lean: Left)
- Original article: https://www.motherjones.com/politics/2026/11/trump-crypto-world-liberty-meme-coin-election-results/
- Topics: Business, Crypto, Elections, Markets, Politics

## Key points

- Trump-linked crypto and media shares dropped as election results came in.
- $TRUMP fell more than 20 per cent to a record low.
- Democrats’ expected congressional power could bring added scrutiny.

## Summary

Prices of several Trump-linked crypto assets and shares in Trump Media fell sharply as early election results pointed to Democrats gaining control of Congress. The timing coincided with a shift in political power that could bring greater scrutiny of the president’s business interests, though the article says other factors may also explain the market declines.

The $TRUMP meme coin fell from $1.58 at 7.10 p.m. on Tuesday to a low of $1.23 by 12.50 p.m. on Wednesday, a drop of more than 20 per cent. World Liberty Financial’s WLFI token also declined, while Trump Media shares fell from a Tuesday close of $5.95 to below $4.60 on Wednesday. Democratic lawmakers have sought records about a planned dinner for major $TRUMP holders, and a senior House Democrat signalled possible scrutiny with the words “Lawyer up”.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.