gtag('config', 'G-0PFHD683JR');
Crypto News

Did Coinbase delete the Floki Meme coin? Here is everything you need to know

There have been concerns recently in the encryption community with rumors that Coinbase was about to delete Floki, and to send some pregnant women to panic. But before you make any hasty decisions with your Meme wallet, let’s wear the air on what is already happening.

The official Floki account, Realflokiinu, quickly responded to these claims with a simple message: Floki is not removed from its platform. What is already happening less dramatic – Coinbase only stops Floki trading in New York State.

According to the Floki team, this New York trading suspension is not a big problem for its general size. They estimate that New York represents only 2-5 % of Coinbase Floki trading at most. And when you enlarge more, Coinbase as a whole represents only about 1 % of the global daily trading volume in Floki.

So even if the worst rumors are correct (which is not), the effect will be minimal – “a decrease in the bucket,” says the team.

New York’s strict encryption rules are the real perpetrator

Anyone is aware of the encryption systems that New York has some of the most difficult rules. Floki team believes these strict regulations behind commercial comment, not any problems with Floki itself.

Here is an interesting pattern they referred to: Coinbase Only six MIM coins were included in New York during this bull cycle – Bonk, Pepe, WiF, Floki, Turbo, and Giga. The first three were listed last year, while Floki, Turbo and Giga were added exactly the same about six weeks ago.

Now, these three laboratories that were added together are all attached to their circulation in New York together. This timing strongly indicates that this revolves around the organizational approach in New York for Mimi currencies in general, not specifically about Floki.

Fluki stands in the organizational world

Despite the position of New York, the Floki team highlighted some impressive organizational recognition they received. Just a few months ago, the Consultative Committee of the Global Markets of CFTC Futures Trading Committee (CFTC) – The federal body, which supervises the regulation of encryption, included the country – Floki as one of the four coded currencies in its report on the distinctive symbols.

The other three mentioned are ethereum, Avalanche, and another symbol. In order for Mimi currency to be assembled with class 1 sets in a very wonderful federal organizational report, the team believes that this verification is the authenticity of the benefit.

Also read: The whales and the great bets accumulate on the chainlink series, where the price movement indicates the next gathering

Work as usual for Floki Meme

Floki team wants perspective holders. Even with the New York trading suspension, Coinbase users in 49 other states are still naturally floki trading. They estimate that New York’s restriction affects less than 0.1 % of the total trading volume in Floki.

They also seized the opportunity to remind everyone to keep Fluki. Along with Doge and SHIB, it’s only one of three coins to stay from the previous market in a meaningful way, and they claim to be “completely controlled” the industry in this session.

The team closed its statement by encouraging society to ignore what they call “fear” (fear, uncertainty, suspicion) and focus on the largest image. They remain confident in the Floki position as a “encrypted currency for the people” and they believe that it is going on the right path.

Follow us X (twitter)and Coinmarketcap and Binance Square For more daily encryption updates.
Get all our future calls by joining A free telegram group.

We recommend etoro

We recommend etoro

Do not invest unless you are ready to lose all the money you invest. This is a highly dangerous investment and you should not expect to protect it if something happens. Take two minutes to learn more

The community of active users and social features such as news extracts, and chats to obtain specific metal coins available for trading.
A wide range of assets: cryptocurrencies along with other investment products such as stocks and traded investment funds.
Trading copies: It allows users to copy prominent traders trading, for free.
Easy to use: ETORO web platform on the web -based etoro and the mobile application is easy to use and easy to move.

Smart encryption
How is it Ordinary people achieve the returns of up to 70 % a year without danger? By setting up BOT Pionex Grid for free – click the button to learn more.
Crypting arbitration is still working like magic, if you do it properly! Check the alphador, which leads the encryption arbitration robot to find out the best way to do so.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button