WLFI falls 11% on US midterm election night, Trump tokens underperform as Bitcoin recovers

World Liberty Financial (WLFI) dropped 11% during the US midterm election night as market volatility increased for tokens connected to political figures. Although Bitcoin rebounded after an early decline, WLFI ended trading nearly 5% below its early-evening level, reflecting persistent selling pressure on assets tied to Donald Trump’s brand. The selloff extended across other Trump-affiliated crypto assets. Official Trump (TRUMP) and Official Melania Meme (MELANIA) tokens also registered notable declines, as investors reacted to shifting political sentiment. Traders described the evening as a risk-off period for tokens carrying the Trump brand.