CoinGecko adds ‘Made in the USA’ coins, ALGO/ADA among major exclusions

CoinGecko has launched a new category of cryptocurrencies dubbed “Made in USA” ahead of the US Inauguration Day. The announcement, made on January 20 via a post on X, is seemingly its latest initiative to spotlight US-affiliated crypto projects as Donald Trump begins his second term as US President.

The list features 18 tokens that are strongly linked with companies, personalities, and entities in the US. The category has a combined market capitalization of $468 billion as of press time. Some notable projects featured in the new category include XRP, SOL, USDC, AVAX, SUI, and LTC.

New Category: Made in USA 🇺🇸

We've added a category for #MadeinUSA coins for Inauguration Day!

Check out the full list:https://t.co/EZes9tQkvw pic.twitter.com/CpA31o9XuS

— CoinGecko (@coingecko) January 20, 2025

The data aggregator also included the recently launched Official Trump and Melania memecoins, created by President-elect Donald Trump and his wife, Melania. CoinGecko described the criteria for inclusion as requiring “significant connections to the United States, either through their founding team or company headquarters.”

Community criticism over ‘USA-affiliated’ token exclusions 

Following the market data tracker’s announcement, the crypto community quickly pointed out some US-linked crypto projects that were absent from the list. 

One X user asked about Algorand, pointing out that its founder, Italian computer scientist Silvio Micali, has been a professor at the Massachusetts Institute of Technology (MIT) for over 40 years. He argued that Micali’s ties to MIT warranted its inclusion. Another user shared a screenshot from a news article, where ALGO was mentioned as an “American crypto.”

You’ve missed $ALGO pic.twitter.com/jmRhse0EHc

— Waseem.algo (@WaseemMSalim) January 20, 2025

The X crypto community also launched a defense for Cardano, which was founded by American entrepreneur Charles Hoskinson, a vocal industry leader in the country. In November last year, Hoskinson announced that he would set up an advisory office in Washington D.C., in an effort to help the Trump administration uphold its proposed pro-crypto laws.

World Liberty Financial token listed 

The last token on CG’s list is the Donald Trump family-backed World Liberty Financial token (WLFI). Earlier today, the decentralized finance platform announced its second token sale following the success of its initial presale. The platform has released an additional 5 billion WLFI tokens at a price of $0.05 each, an uptick in price from the first presale rate of $0.015.

The initial token offering raised $300 million by selling 20% of the platform’s 100 billion tokens, while the current sale aims to secure an additional $250 million. According to project details, WLFI serves as the governance token for World Liberty Financial’s forthcoming decentralized trading system.

WLFI’s cumulative sales climbed to $254 million by late Sunday, up from $91 million just a day earlier, according to a Dune Analytics dashboard. On-chain data further revealed that the token now boasts over 30,000 holders across more than 44,500 transactions.

Nansen analytics data shows that Tron founder Justin Sun, who initially invested $30 million during the presale, consolidated his stake with an additional $45 million, bringing his total investment to $75 million.

Arkham Intelligence also reported that World Liberty Financial’s Ethereum holdings have surged, and the platform now holds ETH valued at approximately $142.92 million, at current valuations.

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