CoinGecko has launched a new 'Made in USA' cryptocurrency category ahead of Donald Trump's inauguration.
Launch of 'Made in USA' Category
On January 20, CoinGecko announced a new 'Made in USA' category, highlighting tokens strongly linked to US companies and personalities. The list includes 18 tokens with a combined market capitalization of $468 billion, featuring notable projects like XRP, SOL, USDC, AVAX, SUI, and LTC. CoinGecko described the inclusion criteria as requiring 'significant connections to the United States, either through their founding team or company headquarters.'
Community Criticism
Following the data tracker’s announcement, the crypto community expressed discontent with the absence of certain US-linked crypto projects from the list. One X user questioned the omission of Algorand, highlighting its founder Silvio Micali's extensive tenure at MIT. The community also mentioned Cardano, founded by American entrepreneur Charles Hoskinson.
World Liberty Financial Token
The last token on CoinGecko's list is the Donald Trump family-backed World Liberty Financial token (WLFI). Today, the platform announced its second token sale, releasing an additional 5 billion WLFI tokens at $0.05 each. The initial token offering raised $300 million. WLFI serves as the governance token for World Liberty Financial's forthcoming decentralized trading system.
CoinGecko continues to expand its offerings by highlighting US crypto projects amidst political changes in the country.