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Official Trump (TRUMP) token falls 10% to three‑month low after Democrats win midterms
The Democratic Party secured control of both the Senate and the House in the midterm elections, including wins in traditionally Republican states such as Texas. The results sparked heightened volatility across crypto markets, with many digital assets initially dropping before later recovering. Meme‑coins linked to former President Donald Trump experienced notable declines. The Official Trump (TRUMP) token dropped 10%, reaching its lowest price since August. Related tokens MAGA and MELANIA also posted losses following the election outcome.