Thomas Daniels
CoinGecko, a cryptocurrency data aggregator, has introduced a new token category called “Made in USA,” which highlights projects with strong American connections.
Leading cryptocurrency pricing data site CoinGecko announced the opening of its “Made in USA” category on January 20 through its X (formerly Twitter) account. 18 tokens that have close ties to the US, either through their founding teams or corporate headquarters, are highlighted in the list. XRP, Solana, and Official Trump, a newly released meme coin by President-elect Donald Trump, are noteworthy additions. The mentioned tokens have a total market valuation of $432 billion.
But the cryptocurrency industry has criticized CoinGecko for leaving some important U.S.-affiliated projects. Despite its American connections, critics have pointed out that Algorand, which was founded by MIT professor Silvio Micali, is not included. Likewise, well-known tokens like Cardano, Injective, and Worldcoin were excluded, which begs the issue of what the platform’s selection criteria were.
Tokens must have “significant connections to the United States,” according to CoinGecko’s release, however the company has not revealed its exact selection process. Calls for increased transparency have been sparked by this ambiguity.
CoinGecko has not yet released any updates or addressed complaints regarding the omissions. Industry watchers, however, speculate that the platform may update the list in response to community input.
