Fromdemon +‎rat, to sound likeDemocrat.

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Demonrat (pluralDemonrats)

1. (US politics,Internetslang,derogatory) ADemocrat.
   • 2020 January 16, Claire McNeill, “QAnon conspiracy theorists find kinship on the Tampa Riverwalk”, inTampa Bay Times‎^[1]:

     They develop far-fetched explanations for critiques of the president: The Mueller probe, for instance, must actually be a cover-up to buy time for a Trump-Mueller tag-team effort to bring down villainous, pedophile “Demonrats.”