Rumors have been swirling about FLOKI (the popular memecoin) getting delisted from Coinbase, but the Floki Inu team quickly shot down the gossip, calling it false and misleading. They made it clear that Coinbase is NOT delisting FLOKI—only a temporary suspension in New York is affecting a small portion of users.
The Floki Inu team stepped up to clear the air, explaining that FLOKI is still available for trading on Coinbase, except in New York. The confusion started from claims of a delisting, but the team clarified that this was just suspended trading due to New York’s strict crypto regulations.
“We’re aware of the FUD (Fear, Uncertainty, and Doubt) going around, but Coinbase is NOT delisting FLOKI,” they stated firmly.
New York is known for its BitLicense system, which sets strict requirements for crypto assets and exchanges that want to operate there. Because of these rules, FLOKI trading was temporarily paused in the state, just like TURBO and GIGA, other memecoins affected by the same regulatory issues.
Floki Inu emphasized: “This is not a Floki-only issue. It applies to other memecoins too!”
The New York suspension is only affecting a small portion of FLOKI’s trading volume. According to the Floki Inu team, New York accounts for just 2-5% of FLOKI’s volume on Coinbase, which in turn is only about 1% of the global trading volume. So, even if FLOKI was ever removed from Coinbase (which it isn’t), the impact would be minimal.
This issue isn’t just about FLOKI. New York’s tight crypto regulations have also led to suspensions of other memecoins, including TURBO and GIGA. So, if you were wondering if FLOKI was being singled out, the answer is no—it’s part of a bigger regulatory picture.
Despite the New York situation, Floki Inu remains confident in the future of the project. FLOKI is still one of the most traded memecoins worldwide, alongside Dogecoin and Shiba Inu. Plus, the CFTC recently included FLOKI in its list of promising utility tokens, giving it some major credibility.
The team’s outlook is optimistic: “FLOKI continues to be a leading memecoin with great potential. The CFTC’s recognition shows we’re on the right track.”
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