Digital Currency / Investing

Add as a preferred source on Google

Trump Media Shares Hit Record Low as Official Trump Token Drops 12%

World Liberty Financial’s WLFI token, Bitcoin and Ether also declined in the Thursday market snapshot.

Updated 1 min read
Pedestrians pass the New York Stock Exchange on Broad Street in Manhattan on a cloudy afternoon. / EconoTimes.ai
Pedestrians pass the New York Stock Exchange on Broad Street in Manhattan on a cloudy afternoon. / EconoTimes.ai

Democrats’ midterm sweep coincided with declines in Trump-linked crypto assets and shares Thursday, including a 12% drop in Official Trump and a record low for Trump Media stock.

CoinGecko and exchange spot data put Official Trump (TRUMP) at $1.14, down 12.14% over 24 hours as of 18:21 UTC Thursday. World Liberty Financial’s WLFI token was $0.0453, down 4.30%; Bitcoin (BTC) was $75,856, down 5.85%; and Ether (ETH) was $2,247.66, down 7.61%.

Shares in Trump Media & Technology Group touched a record low after losing 17%. Shares of mining-related companies also fell: Galaxy Digital declined about 14%, Hut 8 about 23% and MARA about 7%.

The figures cover different markets: TRUMP and WLFI are token prices, while the percentages for Trump Media, Galaxy Digital, Hut 8 and MARA reflect shares. The share declines coincided with a market reassessment of the companies’ plans to move into AI data-center operations.

Related articles

View all