Headline: Political Losses Rip Through Trump-Linked Crypto and Stocks — DJT, WLFI and $Trump Slide After Midterms Donald Trump’s financial ties to crypto and public markets took a hit as midterm results favored Democrats, hitting assets closely tied to his brand. Tradable instruments that helped swell the former president’s fortunes have plunged in value since election returns began coming in. Key moves in the market - DJT (Trump Media and Technology Group) stock, listed on Nasdaq, plunged to just over $5 on Wednesday morning — its lowest ever from an all-time high of $101. The share price fell about 11% overnight, down from $5.90 once returns started arriving. Trump has disclosed ownership of 114 million DJT shares and controls over 40% of the company’s stock through a trust. - WLFI (World Liberty Financial) governance tokens are trading below $0.05 after the election. At their 2025 peak they reached $0.31. WLFI began sliding in late October amid the approaching election and a Binance hack that shook crypto markets, then dropped sharply around 7pm ET on Tuesday as polls closed. - Novelty token $Trump, which generated $636 million in sales in 2025, also fell — trading at roughly $1.40 after losing about 10% overnight. The coin launched just before Trump’s inauguration and briefly peaked near $45 in January 2025. Assets tied to Trump’s brand World Liberty Financial is a venture built by the Trump family together with the family of real estate developer Steven Witkoff. The Trump camp has disclosed that Trump realized more than $500 million in crypto sales last year; he reportedly still holds about 15 billion WLFI tokens. The World Liberty project also issues a dollar-pegged stablecoin, USDI1, and recently received a banking license from the Trump administration — a factor that separates the stablecoin from the more volatile token offerings. What analysts say Jim Angel, an associate professor at Georgetown University’s McDonough School of Business, pointed to a simple thesis: these assets trade as proxies for Trump’s popularity more than as independent investments. “People think they’re investing in Trump. They really aren’t. They’re really betting on his popularity,” Angel said. With poll-based sentiment at low levels, DJT and World Liberty assets are trading near record lows. Why this matters to crypto markets The episode highlights how celebrity- or politics-linked tokens and equities can be highly correlated with headlines and public sentiment. Governance tokens, memecoins and branded equities can swing wildly on political developments, hacks or market-wide shocks, and concentrated ownership (large insider holdings) can amplify volatility. Meanwhile, stablecoins like USDI1 remain insulated from such swings by design, so long as the peg and underlying reserves hold. For crypto traders and investors, the midterms serve as a reminder: assets tied to political figures carry idiosyncratic, event-driven risk that can rapidly erode value when public sentiment shifts. Read more AI-generated news on: https://app.chaingpt.org/news