CoinGecko brings new category to woo American crypto investors
Crypto data aggregator CoinGecko has developed a new category of tokens based on their “significant connections” to the United States.
CoinGeckoa crypto price data aggregation platform, has launched a new category, which lists tokens linked to the United States through their founding teams or company headquarters.
In a January 20 announcement on UNITED STATESwhether through their founding team or company headquarters.
The list, consisting of 18 tokens with a total market capitalization of $432 billion, includes projects such as XRP (XRP), Solana (GROUND), and recently launched same corner by the president-elect Donald Trump nicknamed official Trump (ASSET). CoinGecko did not explain the specific token selection criteria, which sparked criticism from the crypto community.
The announcement sparked criticism from the crypto community, with many pointing out the omissions of well-known projects linked to the United States. For example, Algorand (SOMETHING) was excluded, even though the network’s founder, Silvio Micali, is a professor at the Massachusetts Institute of Technology. Even though the Algorand Foundation operates out of Singapore, some argue that its American roots justify its inclusion. Other overlooked tokens include Cardano (ADA), injective (INJ) and World (WLD), among others.
As of press time, CoinGecko has not publicly commented on the omissions or the methodology behind its selections. The platform may update the list in response to community feedback, but no official statement has been made.
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