It's going to be fun watching countries and companies who have been dancing with Trump start leaving him on the dance floor alone.The Trumps have enjoyed a highly lucrative two years, riding a wave of crypto deals and other business enterprises into billions of dollars in new wealth. But around 7:10 p.m. ET Tuesday night—as some of the early election results were just beginning to stream in—the first family’s fortunes changed.
That’s when markets started turning against some of the Trumps’ most valuable ventures. The drop started with the price of the $TRUMP meme coin—an essentially useless bit of crypto that the president helped create shortly before returning to office. Truthfully, $TRUMP has been a bit of a dud in terms of an investment for awhile—after hitting a high of $74, it has slid farther and farther; it was hovering around $1.60 through Tuesday afternoon and early evening. But then it dropped precipitously.
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Something similar happened with the WLFI token—a crypto asset created by World Liberty Financial, the Trumps’ decentralized finance company. The token, which can be bought and sold but is mainly used to vote on decisions about the company’s operations, was worth about 5.1 cents at 7:10 p.m. By 8 p.m. it was worth 4.6 cents. The price briefly recovered overnight but plummeted again Wednesday, hovering around 4.7 cents by mid-afternoon.
Shares in Trump Media & Technology Group, the parent company of the president’s Truth Social platform, also took a nose-dive in after-hours trading, beginning a little after 7 p.m. The stock closed Tuesday at $5.95 per share. It opened Wednesday morning at $5.37. By Wednesday afternoon, it had fallen below $4.60, an all-time low.
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If the Trump financial products have served as a way for people to win the president’s attention, ingratiate themselves, or just get as close as possible, the rebuke voters delivered to Trump last night instantly makes him, and his businesses, a less attractive investment.
Mother Jones
I won't be surprised if the Trumps all take their money and run to another country. In fact, Trump mentioned something about moving to Israel a couple days ago.
Good riddance.







































