The TRUMP-Linked Crypto Crash is weighing on the market after the US midterms. TRUMP coin fell nearly 21% to $1.25. MELANIA dropped 13% to $0.063, and WLFI lost nearly 11% to $0.047.
At the same time, Trump Media moved 4,259 BTC, worth about $343.67 million, to Crypto.com. Lookonchain flagged the transfer on X about 40 minutes after it happened.
The wider market looks different. Bitcoin has reclaimed $80,000, gold is above $4,100, and silver is above $52.
Asset
Level After the Midterms
Bitcoin (BTC)
Reclaimed $80,000
Gold
Above $4,000
Silver
Above $51
TRUMP Coin
$1.25 (down nearly 21%)
MELANIA
$0.063 (down 13%)
WLFI
$0.047 (down nearly 11%)
Is Trump Media Selling Bitcoin?
Arkham Intelligence tracked two transfers. Together they add up to 4,259 BTC.
Transfer
Amount
Source Wallet Label
Destination
Transfer 1
2,140 BTC
Collateral for 2026 convertible notes
Crypto.com
Transfer 2
2,119 BTC
Collateral for 2026 convertible notes
Crypto.com
Total
4,259 BTC (about $343.67M)
That works out to roughly $80,700 per coin.
Lookonchain asked if the firm is dumping BTC. Reports say the move may add to selling pressure, but nothing is confirmed. A deposit to an exchange can point to custody changes, collateral work, or a sale.
Why Does November 30 Matter?
A November 02 filing says holders of the convertible notes can ask for cash on November 30, 2026. If every holder does, the company could owe about $1 billion.
The moved BTC was serving as collateral for those notes. So many traders link the two events.
That link is a guess for now. The company has not explained the transfer.
How Is Politics Hitting the Presidential Tokens?
Democrats won both chambers in the midterms. They are preparing subpoena-backed investigations into the president's family crypto holdings.
Representative Robert Garcia will chair House Oversight. Senator Elizabeth Warren is expected to lead Senate Banking. Traders also expect tougher oversight from figures like Senator Sherrod Brown.
The probes start with World Liberty Financial and its USD1 stablecoin. They also cover a $500 million UAE investment, the October 2025 pardon of Binance founder Changpeng Zhao, and more than $1 billion in disclosed crypto income.
The family has earned about $2.3 billion from crypto. A presidential veto also blocks new bills, so analysts expect the CLARITY Act to stall.
Bitcoin Price Forecast
Bitcoin sits right around $80,000, so that is the line to watch. The transferred coins were valued near $80,700 each.
If the company confirms a sale, BTC could lose the $80,000 level. That may open the way toward the $75,000 area, a round level traders often track.
If the coins turn out to be a custody move, bulls may defend $80,000 and eye $85,000 next.
Scenario
What Could Trigger It
BTC Level to Watch
Bullish
Move explained as custody or collateral
$85,000
Neutral
No news, market stays calm
Holds near $80,000
Bearish
Sale confirmed, selling spreads
$75,000
These are watch levels, not guarantees.
TRUMP, MELANIA and WLFI Price Forecast
The TRUMP-Linked Crypto Crash left the three tokens near their lows. A bounce needs a reason, and right now buyers have few.
TRUMP coin at $1.25 would need about $1.58 to erase its drop. If the same 21% fall repeats, it could slide toward $0.99.
MELANIA may eye $0.072 on a recovery. A repeat 13% drop would put it near $0.055.
WLFI could try $0.053 if sentiment turns. Another 11% slide would take it near $0.042.
Token
Price Now
Recovery Target
Downside If Drop Repeats
TRUMP Coin
$1.25
About $1.58
About $0.99
MELANIA
$0.063
About $0.072
About $0.055
WLFI
$0.047
About $0.053
About $0.042
Levels are worked out from the reported drops and are approximate.
The TRUMP-Linked Crypto Crash could ease if the BTC move gets a clear explanation or the political tone calms. It could also deepen if investigation headlines keep coming.
What Should Investors Watch Next?
Any statement from the company or Crypto.com on the 4,259 BTC.
Whether holders ask for repayment on November 30.
The first subpoenas from House Oversight and Senate Banking.
Whether Bitcoin holds $80,000.
Any new move on the CLARITY Act.
Any statement from the company or Crypto.com on the 4,259 BTC.
Whether holders ask for repayment on November 30.
The first subpoenas from House Oversight and Senate Banking.
Whether Bitcoin holds $80,000.
Any new move on the CLARITY Act.
Some see a short post-election reaction. Others see the start of a wider rethink of politically linked tokens. Both views are open for now.
The split between these tokens and the broader market suggests political ties alone may not keep buyers around. The TRUMP-Linked Crypto Crash is a test of that idea.
Disclaimer
This article is for information only and is not financial advice. Crypto assets are volatile and carry a high risk of loss. Price levels mentioned are not guarantees. Do your own research and speak to a licensed financial advisor before investing.
About the Author Lokesh Gupta
Research Analyst at coingabbar.com
Lokesh Gupta started his journey in financial markets 23 years ago and never looked back. From Forex to Comex, NSE, MCX, NCDEX, and now Crypto — he has seen it all. He holds an MBA in Finance and over the last 4 years, Bitcoin, Ethereum, Solana, XRP, and trending coins have become his main focus. People who follow his work say one thing — he keeps it real. No fancy language, no unnecessary complexity. Just honest market research that helps you understand what is happening and why it matters to your money.
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