Floki Not Delisted by Coinbase: Clearing the FUD

Coinbase is not delisting FLOKI. Trading is only stopping in New York due to regulatory policies. Get the full details here!

  • Coinbase is stopping FLOKI trading only in New York, not delisting it.
  • New York’s strict crypto regulations are the likely reason.
  • Floki remains a dominant memecoin with strong trading volume.

Coinbase Is Not Delisting Floki – Here’s the Truth

Recently, rumors have been circulating about Coinbase delisting Floki ($FLOKI). However, this is not the case. While Coinbase is halting FLOKI trading in New York, the cryptocurrency remains fully tradable in most other regions. This decision is more about New York’s stringent crypto policies rather than an issue with Floki itself.

Understanding the New York Trading Restrictions

New York has some of the strictest cryptocurrency regulations in the United States. Coinbase has listed only six memecoins in New York this cycle: BONK, PEPE, WIF, FLOKI, TURBO, and GIGA. Interestingly, the three tokens listed in New York 1.5 months ago—FLOKI, TURBO, and GIGA—are now facing the same trading restrictions. This suggests that the issue is regulatory rather than Floki-specific.

Despite this development, Floki remains one of the most actively traded memecoins globally. Reports indicate that New York accounts for only 2–5% of Floki’s trading volume on Coinbase, and Coinbase itself contributes just about 1% of Floki’s total trading volume worldwide. Therefore, this change has minimal impact on Floki’s overall market presence.

Floki’s Strength and Future Outlook

Floki has consistently proven its resilience. It remains the only memecoin besides Dogecoin ($DOGE) and Shiba Inu ($SHIB) to thrive from the previous cycle. Additionally, Floki was recently recognized by the Commodity Futures Trading Commission (CFTC) as a utility token, further cementing its credibility.

With a strong global trading volume and an expanding ecosystem, Floki continues to grow despite regulatory challenges in certain regions. The latest restriction in New York is a minor setback in an otherwise bullish trajectory for the project.

Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Isolde Verne

Isolde Verne is a passionate crypto writer, focusing on blockchain innovation, NFT ecosystems, and the societal impact of decentralized systems. Her engaging style bridges the gap between technology and everyday understanding.

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