- CoinGecko launches Made in USA crypto list, spotlighting US-linked tokens with a $468B market cap.
- Community critiques CoinGecko’s list for excluding Algorand and Cardano despite strong US connections.
- World Liberty Financial token presale hits $254M, with Justin Sun boosting his investment to $75M
CoinGecko has introduced a new Made in USA cryptocurrency category. The announcement coincided with Donald Trump’s presidential inauguration on January 20. The category features 18 tokens with strong US connections, having a combined market capitalization of $468 billion.
The list includes notable tokens like XRP, SOL, USDC, AVAX, SUI, and LTC. CoinGecko emphasized that included projects must have clear ties to the United States. This could be through their founding team or operational headquarters.
Trump Memecoins Make the List
CoinGecko included the recently launched Trump and Melania memecoins. These tokens were created by Donald Trump and Melania Trump. Both tokens debuted amid growing interest in US-linked cryptocurrency projects.
The announcement aligns with CoinGecko’s criteria for highlighting US-affiliated tokens. The platform continues to track the growth of these new additions. The inclusion has sparked conversations about the influence of the Trump family in the crypto space.
Missing Tokens Raise Concerns
Some users criticized CoinGecko for excluding certain US-affiliated tokens. Algorand supporters pointed to its founder’s decades-long tenure at MIT. They argued that Silvio Micali’s connection to the United States justifies its inclusion.
Cardano supporters also defended its inclusion. They cited Charles Hoskinson’s American roots and his recent advocacy for US crypto policies. Hoskinson recently announced plans to set up an advisory office in Washington, D.C.
World Liberty Financial Token Gains Momentum
The World Liberty Financial token (WLFI), backed by the Trump family, also joined the category. The platform launched its second token sale on January 20, aiming to raise $250 million. This follows an initial presale that raised $300 million by selling 20% of its supply.
The current sale offers 5 billion tokens at $0.05 each. On-chain data shows WLFI sales reached $254 million by late Sunday. The token now has over 30,000 holders and over 44,500 transactions.
Justin Sun, founder of Tron, increased his investment in WLFI by $45 million. This brings his total investment in the token to $75 million. Arkham Intelligence reports that World Liberty Financial’s Ethereum holdings now total $142.92 million.
Solana Gains After Token Launch
The launch of Trump’s memecoin and WLFI coincided with a surge in Solana’s price. At the time of writing, Solana traded at $228 after a 4.12% increase. Analysts attributed the activity to heightened interest in the memecoin and other US-linked projects.
CoinGecko’s new category highlights the growing influence of US-based crypto projects. This move underscores the global importance of American innovation in the cryptocurrency sector.
