3 Coins Made In USA In The First Week Of May

The Made in USA coin has had mixed performance in the first week of May, with PENGU, SUI, and RENDER showing very different trajectories. PENGU surged 107% over the past week, signaling a strong recovery after several months of adjustment.

SUI also made an impression, increasing by 70% and positioning itself as one of the largest Made in USA cryptocurrencies. Meanwhile, RENDER struggles to gain traction, underperforming compared to the broader market and leading AI coins. Pengu (PENGU) PENGU was once the top meme coin on Solana, reaching a market capitalization of 2.9 billion dollars on January 6. However, after the surge, this cryptocurrency entered a prolonged correction phase, with its market capitalization dropping below $1 billion on January 29. Since then, PENGU has struggled to regain its previous momentum, reflecting the general interest in meme coins that has diminished during that time.

Despite the adjustment, recent price movements show that the sentiment around PENGU may be changing again. In the past seven days, PENGU has surged by 107%, including an increase of over 16% in just the last 24 hours. PENGU may soon test the resistance level of $0.011 if this strong momentum continues. Breaking through this threshold could pave the way towards a level of $0.0126, and if the bullish pressure remains strong, the next targets at $0.0171 and even $0.0223 could come into play — surpassing the $0.020 mark for the first time since January 27. SUI SUI is one of the alternative cryptocurrencies with outstanding performance over the past week, surging 70% and ranking just behind Cardano, Solana, and XRP in market capitalization among the major coins produced in the United States. With such a swift and strong move, SUI is nearing key technical levels that could determine whether the bullish trend will continue or face a pullback.

Recently, SUI tested the resistance level at $3.73 but could not break through. If it tests this level again and successfully breaks through, the next target will be $4.25, which will also be the first time SUI trades above $4 since January 31. However, if the upward momentum weakens, SUI may revisit the support level at 3.25 dollars. Losing this support could lead to a deeper correction to the level of 2.92 dollars or even 2.51 dollars, making the upcoming price movement particularly important to assess whether SUI's bullish trend can continue further. RENDER RENDER is lagging behind the overall market, only increasing by 2% over the past seven days, much less than most other major coins produced in the United States. This currency also performs worse compared to top AI-focused tokens like TAO, FET, and VIRTUAL, which have shown much stronger growth momentum. This poor performance indicates that while stories about artificial intelligence continue to attract attention, RENDER is still struggling to gain similar interest, raising concerns about the company's short-term prospects compared to its industry peers.

Technically, the EMA lines of RENDER are signaling a potential weakening, with the possibility of forming a death cross soon.

If the downtrend becomes a reality, RENDER may test the first support level at $4.25; losing this level could open the door for further declines down to $3.82, $3.55, and even $3.14.

However, if RENDER can regain positive growth momentum, the price could still recover to the level of $4.63.