Trump-Linked Tokens Slide as TRUMP Drops Over 17% in Past 24 Hours

Nov. 5: According to Bloomberg, Democrats' sweeping victory in the U.S. midterm elections hit politically charged investment targets in the digital asset market. OKX market data showed that the Trump-related meme coin TRUMP fell 17.64% over the past 24 hours and was last at $1.303, while WLFI, issued by World Liberty Financial, dropped 8.14%. Trump Media & Technology Group shares fell 17%, hitting a record low. In addition, the market reassessed the outlook for miners pivoting to AI data centers, with Galaxy Digital shares down nearly 14%, Hut 8 down nearly 23% and MARA down about 7%. World Liberty Financial declined to comment on the price decline.