Trump’s Crypto Stocks Crater After Election Defeat
President Donald Trump’s cryptocurrency products have plummeted in value following Republicans’ massive defeat in the midterm elections last week. The Washington Sun reports that $WLFI, the “governance token” from Trump’s crypto firm World Liberty Financial, has dropped to $1.11 after a high of $40 last year. The meme coin marked by first lady Melania Trump, MELANIA, lost half its value after the midterms and has fallen 99.6 percent since last year.
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