These coins showed negative performance in the first 100 days of Donald Trump's new term, with the five leading cryptocurrencies linked to the United States accumulating declines greater than 20% since January 20. The outcome occurs despite the more favorable rhetoric towards the sector from the new administration and recent signs of regulatory easing.
In contrast, non-American coins like Bitcoin and TRON have shown greater resilience. Even so, assets like Ethereum and Dogecoin have accumulated significant losses. The divergence highlights the impact of broader political pressures, such as tariffs, which may be offsetting domestic crypto reforms.
“Made in USA” coins are facing difficulties.
All five leading coins linked to the United States have fallen at least 20% since the inauguration of the current American president. Although recent short-term gains have improved market sentiment, the broader trend over the 100 days remains negative. This especially affects assets with strong ties to the United States.
This happens despite expectations of a more favorable environment for crypto under the current administration. Solana (SOL) has had the worst performance among these cryptos, falling more than 41% since Trump took office, even after gaining over 18% in the last 30 days.
On the other hand, SUI rose 58% in the same period, supported by strong growth in memecoin trading and decentralized exchange (DEX) volume. Recently, it became the fifth largest chain in DEX activity.
ADA, LINK, and XRP recorded modest gains between 7% and 10% in the last month, but are still down over 24% in the first 100 days of the administration.
Performance of “Made in USA” Coins Since January 20. Source: Messari.
The overall performance of “Made in USA” cryptos diverged from initial expectations following Trump's return, which included promises of a more favorable stance towards crypto.
Although the SEC, now led by Paul Atkins, has filed various lawsuits against crypto companies and reduced regulatory barriers, the landscape is not entirely favorable. Other political factors may hinder the advancement of these assets.
Among them, persistent trade tensions stand out, resulting from the tariff strategy adopted by President Trump. These measures may impose additional obstacles to the performance of cryptocurrencies with strong ties to the United States.
Despite losses in ETH and DOGE, non-US coins are holding up better.
Among the five largest non-American coins, only two registered significant losses in the last 100 days. Ethereum (ETH) fell over 43%, and Dogecoin (DOGE) fell nearly 51%.
These declines stand out, especially given the more stable performance of other major assets. Bitcoin (BTC) fell only 6% in the same period, while BNB fell nearly 12%.
Short-term trends offer a more balanced view. Bitcoin gained nearly 16% in the last 30 days, reflecting stronger momentum than its peers.
Performance of the Largest Coins (Excluding Made in USA Coins) Since January 20. Source: Messari.
DOGE rose more than 7% in the same period, while BNB and ETH remained practically stable. TRON (TRX) is the only major coin outside the US-linked group to record gains in both periods, rising 7.5% in the last 100 days.
The broader group of global assets has performed relatively better than “Made in USA” coins. Despite sharp losses in ETH and DOGE, the group outperformed US-linked coins like SOL and ADA, many of which fell more than 20–40% in the same period.
This divergence suggests that the regulatory environment in the US may be becoming more favorable. However, macroeconomic factors and specific policies still exert pressure on crypto assets linked to the country.
The article How “Made in USA” cryptos performed in the first 100 days of the Trump administration was first seen on BeInCrypto Brazil.
