How the 'Made in USA' Currency Operates in the First 100 Days of Donald Trump in Office

Production assets in the United States have performed poorly in the first 100 days of Trump's new term, with all five top assets linked to the U.S. falling by at least 20% since January 20. This comes despite the administration's friendlier tone towards cryptocurrency and a recent wave of regulatory easing. In contrast, non-U.S. currencies like Bitcoin and TRON have fared better, showing greater resilience even as Ethereum and Dogecoin recorded significant losses. The divergence highlights the impact of broader policy pressures—such as tariffs—that are likely to offset domestic cryptocurrency reforms. Coins Made in USA Face Difficulties Under Trump All top "Made in USA" currencies have fallen by at least 20% since January 20, the day Trump took office. Although the recent short-term increase has helped improve sentiment, the overall trend over the past 100 days remains negative for these U.S.-related assets. This performance is achieved despite expectations of a more favorable environment for cryptocurrency under the current administration. Solana (SOL) is the weakest performer in this group, falling over 41% since Trump took office, even after rising more than 18% in the past 30 days. On the other hand, SUI has increased by 58% in the same period, supported by strong growth in meme coin trading and decentralized trading volume (DEX). Recently, it has become the fifth largest chain by DEX activity. ADA, LINK, and XRP all recorded modest increases of 7% to 10% over the past month, but still fell more than 24% in the first 100 days of the administration.

The overall performance of the Made in USA currency has differed from initial expectations since Trump's return, including the promise of a more crypto-friendly stance. While the SEC, currently chaired by Paul Atkins, has dismissed several lawsuits against cryptocurrency companies, eliminating regulatory overlap, other policy developments may limit the upward momentum. In particular, the ongoing trade pressure related to Trump's tariff strategy may create additional obstacles for cryptocurrency assets linked to the United States. Although ETH and DOGE have fallen in value, non-US currencies are still holding strong. Among the five largest non-US currencies, only two have recorded significant losses in the past 100 days: Ethereum (ETH) has fallen over 43% and Dogecoin (DOGE) has fallen nearly 51%. These falls are particularly pronounced, especially when considering the more stable performance of other leading assets. Bitcoin (BTC) only fell by 6% during the same period, while BNB has decreased by nearly 12%. The short-term trend provides a more balanced perspective. Bitcoin has increased nearly 16% in the past 30 days, reflecting stronger momentum compared to other currencies.

DOGE increased by more than 7% in the same time frame, while BNB and ETH remained unchanged. TRON (TRX) is the only top coin outside the group linked to the United States that recorded gains in both time frames, rising by 7.5% over the past 100 days. The broader global asset group has performed relatively better than Made in USA currencies. Although ETH and DOGE have suffered heavy losses, this group still performs better than Made in USA currencies like SOL and ADA, many of which have fallen more than 20–40% in the same time frame. This difference shows that while the management mentality in the United States may improve, specific macroeconomic disadvantages and policies may weigh more heavily on domestic cryptocurrency assets.