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Cryptocurrency News Articles
Three Made in USA Coins—Worldcoin (WLD), Jupiter (JUP), and EOS—Are Drawing Renewed Attention
May 24, 2025 at 04:30 am
Three Made in USA coins—Worldcoin (WLD), Jupiter (JUP), and EOS—are drawing renewed attention following Donald Trump's latest post suggesting a 50% tariff on the European Union starting June 1.
Three U.S.-based tokens—Worldcoin (WLD), Jupiter (JUP), and EOS—are coming into focus on Thursday as Donald Trump announced a 50% tariff on the European Union, set to begin on June 1.
The move comes in retaliation for France, Spain, and the Netherlands blocking U.S. President Joe Biden’s plans to adjust a small part of a 17-year-old investment in a French bio-tech firm.
A 50% tariff on goods from the European Union could have a significant impact on various sectors, including food, wine, and other products. The tariff is set to start on June 1.
In other news, JUP dropped as much as 7% after a high-activity week for the Jupiter ecosystem, which saw the launch of its mobile app, a strategic partnership with Moonpay, and the debut of Jupiter Lend.
Meanwhile, EOS is struggling to maintain recent gains after World Liberty Financial (WLFI) purchased $3 million worth of EOS tokens last week.
Here's a closer look at the latest developments with WLD, JUP, and EOS:
Worldcoin (WLD) surges 37% as a16z, Bain Capital Crypto invest $135M in token sale
Worldcoin is surging on Thursday, adding another 17% to WLD price after a16z and Bain Capital Crypto announced a $135 million investment in the token.
The investment, which was not a traditional venture round but a market-priced token purchase, instantly boosted WLD’s circulating supply. This is reflected in a sudden $135 million spike in market cap moments before the announcement.
The capital will be used to expand biometric identity operations in the U.S., following regulatory setbacks in Europe and Africa.
This suggests buying strength is present and accelerating, increasing the likelihood of WLD challenging the resistance at $1.64. If broken, WLD could push above $1.70 for the first time since late January.
However, traders should monitor the $1.36 support closely—if this floor fails, the token could retrace toward $1.17 or even $1.05 in a deeper correction.
Jupiter (JUP) drops 7% as most major tokens struggle to maintain recent gains
Jupiter is defying the broader market pullback, dropping nearly 7% in the last 24 hours while most major tokens trend lower.
The rally comes during a high-activity week for the Jupiter ecosystem, marked by the launch of its mobile app, a strategic partnership with Moonpay, and the debut of Jupiter Lend.
Technically, JUP remains below the key resistance at $0.635, which it recently failed to break.
A successful retest and breakout above that level could pave the way for a move toward $0.84, with a strong uptrend potentially pushing it to challenge the $1 mark for the first time since February.
However, if momentum fades and Jupiter (JUP) drops to test support at $0.52, losing that level could trigger a sharper decline to $0.465. In a deeper downturn scenario, the token could slide to $0.40, $0.348, or even $0.30.
EOS down 10.5% as skepticism grows over firm’s crypto purchases, losses
One week ago, World Liberty Financial (WLFI) sparked controversy in the crypto community after purchasing $3 million worth of EOS tokens.
The timing of the buy—following WLFI’s alleged $125 million loss from selling ETH at a three-month low—fueled speculation of possible market manipulation.
Despite skepticism, no concrete evidence of misconduct or insider trading has emerged. Interestingly, EOS rallied over 9% shortly after the purchase, intensifying the debate over whether WLFI’s actions were strategic or coincidental.
Since then, however, EOS has struggled to maintain momentum and is now down nearly 10.5% over the last seven days. The token recently failed to break resistance at $0.79 and is now at risk of extending its decline.
If bearish pressure persists, EOS could test the support at $0.72; a break below this level may lead to deeper drops toward $0.652 and $0.583.
On the flip side, if momentum returns and EOS can reclaim $0.79, it may target higher levels at $0.869 and potentially $0.97—though a strong market reversal would be needed to support such a move.
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