WLFI and TRUMP Tokens Hit Record Lows as Crypto Sectors Cool

WLFI and the TRUMP meme coin recently reached all-time lows as the post-election crypto pullback spread through privacy tokens and assets linked to perpetual decentralized exchanges.

The broader market cooling began after the Nov. 3 U.S. midterm elections, amid slower expectations for crypto deregulation and stronger rate-hike expectations. TRUMP fell 44.8% over 30 days, a period that spanned dates before the election. A 17.64% 24-hour decline in TRUMP followed the election, before the token reached a recent low.

ZEC dropped more than 30% in one week. Over the same period, XMR fell 18%, Dash declined 13.7% and NEAR fell 11.1%.

Tokens tied to perpetual decentralized exchanges also retreated amid uncertainty about crypto regulation and the durability of AI-related U.S. stock trading. HYPE briefly neared its record high after ICE, the New York Stock Exchange’s parent company, announced a partnership with Trade.xyz, then fell 24% over two weeks. LIT declined 9.2% in one week.