INTEL: Trump Media hits record low as TRUMP memecoin and WLFI also fall after midterms
Update (November 4, 2026): The selloff now extends beyond Trump Media. The TRUMP memecoin, WLFI and several crypto-linked companies also fell.
Trump Media & Technology Group (DJT) shares fell nearly 14% at their steepest on November 4, 2026, and traded at an all-time low. The drop came a day after Democrats won control of both chambers of Congress in the November 3 midterm elections. Early reports had described a smaller decline shortly after the US market opened.
Crypto assets and related stocks also fall
Other assets associated with President Donald Trump or with the crypto sector fell over the same period. The TRUMP memecoin was down 17.6% over 24 hours, and WLFI was down 8%. Galaxy, Hut 8 and MARA also fell. The supplied reports give no percentage moves for those three companies.
Impact on Donald Trump’s net worth
The slide in Trump Media shares also hit the wealth of President Trump, who holds a stake in the company. The latest estimate puts his loss above $100 million as the shares kept falling.
That figure is not an official number from the company. It is a calculation of the value of his holding at the lower share price. The estimate covers the Trump Media stake only, and the supplied reports do not value his holdings in the TRUMP memecoin or WLFI.
What the reports do not establish
The reports tie these moves to the election result by timing only. They include no statement from Trump Media about the decline, and they do not cite analysts on why investors sold. They also do not say whether the crypto declines and the Trump Media drop share a cause.
