Trump-Linked Memecoin Tumbles as Broader Crypto Market Advances
Official Trump fell sharply while Bitcoin and Ethereum gained following the midterm election outcome.
Official Trump fell sharply while Bitcoin and Ethereum gained following the midterm election outcome. Bitcoin (BTC) is trading at $80,413.00. This is an original TLT brief based on reporting by BeInCrypto, with live market data added, as of Thu, 05 Nov 2026 06:45:02 UTC.
The divergence highlights how political-linked meme assets can move independently of the broader crypto market. It also puts renewed focus on the Trump-branded token ecosystem and Trump Media’s market performance.
- Official Trump fell 16.68% over 24 hours to $1.27.
- Bitcoin gained 3.32%, showing a stark divergence from the meme token.
- Ethereum rose 5.46% as the broader market advanced.
- Democrats’ congressional win coincided with lows for Trump-linked assets.
- Gemini Sees Political Shift Raising Pressure on TRUMP Memecoin
- Trump-Linked Memecoin Tumbles as Broader Crypto Market Advances — this brief
BeInCrypto reported that 
Official Trump and Melania Meme reached record lows after Democrats won Congress in the midterm elections. Trump Media & Technology Group stock also closed at a record low on Wednesday, extending the weakness across assets associated with the former president’s political brand.
The sell-off contrasted with a broadly positive crypto session. 
Bitcoin traded at $80,360, up 3.32% over 24 hours and 0.28% over seven days, while 
Ethereum stood at $2,418.09 after rising 5.46% over 24 hours and 4.31% over seven days. The total crypto market capitalization reached $2.75 trillion.
Official Trump was the clear outlier in the supplied live data, declining 16.68% over 24 hours and 24.63% over seven days. Its price was $1.27 and its market capitalization was $356.73 million. The magnitude and direction of that move differed sharply from gains in Bitcoin and Ethereum. BeInCrypto was the only outlet covering the development, and no additional report was available for corroboration.
The episode shows that a political association did not translate into broad-based buying after the election result. The broader market’s neutral Fear & Greed reading of 50 was accompanied by gains in major cryptocurrencies, making the Trump-linked decline particularly notable. Whether the meme token’s relative weakness persists and how Trump Media stock responds to further political developments are the main factors to monitor.
Since this brief published about 5 hours ago, Bitcoin (BTC) has moved from $80,360.00 to $80,413.00 — +0.07%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₦111.20M (about $80,413.00), up 3.3% over 24 hours. The naira itself trades about 2.7% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Trump-Linked Memecoin Tumbles as Broader Crypto Market Advan — questions & answers
How much did Official Trump lose?
Official Trump fell 16.68% over 24 hours and 24.63% over seven days, trading at $1.27 with a $356.73 million market capitalization.
How did major cryptocurrencies perform after the election?
Bitcoin rose 3.32% over 24 hours to $80,360, while Ethereum gained 5.46% to $2,418.09 as the broader market moved higher.
What happened to other Trump-linked assets?
BeInCrypto reported that Melania Meme reached a record low and Trump Media & Technology Group stock closed at a record low on Wednesday.
How much is 1 Bitcoin worth in naira today?
About ₦111.20M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $80,413.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.07% since this brief first published — trading at $80,413.00 now versus $80,360.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from BeInCrypto. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.