Trump's Memecoin Face a Brutal Post Election Selloff
Official Trump memecoin (
@GetTrumpMemes) was among the market's biggest losers on Wednesday.
$TRUMP plunged 15.5% over the last 24 hours, according to the cited Coingecko data.
The declines followed Democratic victories in both chambers of Congress. Bitcoin $BTC and Ether $ETH moved in the opposite direction, gaining 5.7% and 8%, respectively.