Coinbase Shakes Up Crypto Market with Floki Coin Delisting Announcement

Coinbase, the largest cryptocurrency exchange in the United States by volume, made significant headlines with its recent announcement. Exchanges continuously monitor cryptocurrencies, not only listing new ones but also delisting others based on evaluations. This decision came after a thorough assessment by their monitoring team.

Floki Coin Delist

The influx of numerous cryptocurrencies has led to a redistribution of trading volume, exacerbated during the recent Solana $170 meme coin frenzy. In an environment fueled by disdain for meme coins, even relatively older cryptocurrencies like Floki Coin have been impacted unexpectedly. Coinbase has just announced that, for the time being, it will delist this cryptocurrency, initially limiting the action to New York.

“We regularly monitor the assets on our exchange to ensure their compliance with our listing standards. Following recent reviews, we will suspend trading for FLOKI, Turbo (TURBO), and Gigachad (GIGA) on April 14, 2025, at approximately 14:00 Eastern Time, but only in New York.”

Following the announcement, Floki Coin’s price touched $0.00006050, while TURBO dropped to $0.00211, with GIGA remaining unaffected.