Floki Inu Team Addresses Coinbase Delisting Rumors

• Floki Inu team calls the news of being delisted from Coinbase false, as the token is only being delisted from New York
• New York accounts for only 2-5% of FLOKI’s total volume on Coinbase
• The delisting is likely due to the state’s strict requirements, as other meme coins are being affected as well

The Floki Inu team has responded to recent rumors regarding its alleged delisting from Coinbase, stating that the situation has been misrepresented. Despite some crypto enthusiasts expressing concern, the official response denies the rumors and labels them FUD (fear, uncertainty, and doubt).

What is actually occurring is that Coinbase is halting FLOKI trading in the state of New York due to regulatory constraints. This change impacts only a small portion of users rather than FLOKI’s overall trading and liquidity.

> We are aware of the FUD circulating about “Coinbase delisting FLOKI”.
>
> First of all, this is not true!
>
> Coinbase is NOT delisting FLOKI. Instead, Coinbase is only stopping trading in New York, which accounts for only 2–5% of the total volume on Coinbase.

> — FLOKI (@RealFlokiInu) March 14, 2025

The project noted that New York accounts for only 2-5% of FLOKI’s total volume on Coinbase, which itself is approximately 1% of the token’s global trading volume. The FLOKI team assures that even if the token were ever removed from Coinbase, the impact would be minimal.

New York’s Strict Crypto Regulations: The Reason

The confusion originated from New York’s historically restrictive stance on cryptocurrency. The state has long been known for its BitLicense regulatory framework, imposing strict requirements on crypto exchanges and tokens seeking approval for trading within the state. Consequently, many cryptocurrencies have struggled to meet these requirements.

For instance, out of numerous meme coins, Coinbase has listed only six meme coins (BONK, PEPE, WIF, FLOKI, TURBO, and GIGA) in New York this cycle (since the last Bitcoin halving in May 2024).

Interestingly, FLOKI, TURBO, and GIGA were all listed in New York simultaneously just 1.5 months ago, and now all three are facing a trading halt. This suggests that the issue arises from a policy decision rather than targeting FLOKI specifically.

FLOKI: Looking Beyond New York

Despite the news, FLOKI has made significant strides in gaining mainstream recognition. A few months ago, the Global Markets Advisory Committee of the Commodity Futures Trading Commission (CFTC) highlighted FLOKI as a case study for utility tokens in a report, alongside Ethereum and Avalanche as part of the CFTC’s initiative to classify specific digital assets.

In conclusion, the FLOKI team urges users not to fall for misinformation, emphasizing that the token remains one of the most traded memecoins globally, alongside Dogecoin (DOGE) and Shiba Inu (SHIB).

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