CoinGecko Creates New Category of Tokens With 'Significant Connections' to the US

Crypto data aggregator CoinGecko has came up with a new category of tokens based on their “significant connections” to the United States.

Crypto data aggregator CoinGecko has introduced a new category of tokens based on their close ties to the United States.

CoinGecko, a platform that aggregates crypto price data, has launched a new category that lists tokens linked to the U.S. through their founding teams or company headquarters.

In a Jan. 20 announcement on X, the platform unveiled the new category "Made in USA," which includes tokens that have "significant connections to the United States, either through their founding team or company headquarters."

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

The list, which comprises 18 tokens with a total market capitalization of $432 billion, includes projects such as XRP (XRP), Solana (SOL), and a recently launched meme coin by President-elect Donald Trump called Official Trump (TRUMP). Notably, CoinGecko did not specify the precise criteria used to select the tokens, which has drawn criticism from the crypto community.

The announcement has sparked criticism from the crypto community, with many highlighting the omission of well-known U.S.-connected projects. For instance, Algorand (ALGO) is not included on the list despite the network's founder, Silvio Micali, being a professor at the Massachusetts Institute of Technology. While the Algorand Foundation is based in Singapore, some argue that the project's American roots should qualify it for inclusion. Other overlooked tokens include Cardano (ADA), Injective (INJ), and World (WLD).

At press time, CoinGecko has not publicly addressed the omissions or the methodology behind its selections. The platform may update the listing in response to community feedback, but no official statements have been made.