Political meme tokens lag major cryptos after congressional shift
Trump-linked tokens dropped sharply following Democratic control of Congress while Bitcoin and Ether initially rallied.
Trump-linked tokens dropped sharply following Democratic control of Congress while Bitcoin and Ether initially rallied. Bitcoin (BTC) is trading at ₹72,17,248 ($76,276.00), up 0.4% since this brief published. This is an original Token Times brief based on reporting by CoinEdition, with live market data added, as of Thu, 05 Nov 2026 20:00:01 UTC.
The divergence put political meme coins under segment-specific pressure at a time when major crypto assets were also showing volatility. It raises questions about whether demand tied to political narratives is weakening relative to the broader digital-asset market.
- TRUMP fell 17%, MELANIA nearly 13%, and WLFI more than 7%
- Democrats secured control of both chambers of Congress
- Bitcoin and Ether initially gained over 4% and 6%, respectively
- Live data later showed BTC down 5.20% and ETH down 6.93%
Political cryptocurrencies associated with Donald Trump declined following news that Democrats secured control of both chambers of Congress, according to CoinEdition. The sell-off was concentrated in TRUMP, MELANIA, and WLFI, while 
Bitcoin and Ether rose during the period covered by the outlets.
CoinEdition reported that TRUMP fell 17%, MELANIA lost nearly 13%, and WLFI declined by more than 7%. Its comparison showed Bitcoin advancing more than 4% and Ether gaining 6%, creating a substantial performance gap between politically linked tokens and the larger crypto assets. DailyCoin described the same broad split, additionally highlighting that 
XRP rallied alongside Bitcoin.
The corroboration is strongest on the core movement: both outlets connect declining Trump-linked tokens with strength in major cryptocurrencies. They differ in detail rather than direction. CoinEdition provides exact token declines and reports gains for Bitcoin and Ether; DailyCoin includes XRP in its rally comparison but gives no corresponding percentages and does not mention the congressional result. Current market data also differs from the earlier rally window, with XRP now down 5.19% and Bitcoin down 5.20% over 24 hours.
The development followed the reported shift in congressional control, giving political narratives a direct catalyst in the token declines. The contrasting gains for Bitcoin and Ether in the original coverage suggest investors were not treating every crypto asset identically, although the later market snapshot shows broader weakness across the major coins tracked.
Live data shows Bitcoin at $76,007, down 5.20% over 24 hours and 5.87% over seven days, with a $1.53 trillion market capitalization. Ether stands at $2,248.25, down 6.93% over 24 hours and 3.78% over seven days, while XRP is at $1.23, down 5.19% over 24 hours. Total crypto market capitalization is $2.62 trillion, the overall market is broadly down, and the Fear & Greed Index is neutral at 50. The next watchpoint is whether political tokens continue to diverge from major assets as the post-election market reaction develops.
Since this brief published about 8 hours ago, Bitcoin (BTC) has moved from ₹71,91,795.34$76,007.00 to ₹72,17,248.16$76,276.00 — +0.35%.
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 Token Times'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 ≈ ₹7.89M (about $76,276.00), down 4.6% over 24 hours. The rupee itself trades about 9.3% above the official rate on the P2P market, so a Indian 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.
Political meme tokens lag major cryptos after congressional — questions & answers
How much did the Trump-linked tokens fall?
CoinEdition reported TRUMP down 17%, MELANIA down nearly 13%, and WLFI down more than 7% following the congressional result.
Which cryptocurrencies rallied in the reported window?
CoinEdition cited Bitcoin gaining more than 4% and Ether gaining 6%, while DailyCoin also highlighted an XRP rally.
What does the live market show after those gains?
The current snapshot shows Bitcoin down 5.20%, Ether down 6.93%, and XRP down 5.19% over 24 hours, indicating broader weakness after the earlier rally window.
How much is 1 Bitcoin worth in rupee today?
About ₹7.89M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $76,276.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.35% since this brief first published — trading at ₹72,17,248 ($76,276.00) now versus ₹71,91,795 ($76,007.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from CoinEdition. 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 Token Times 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.