Floki Community Shuts Down Coinbase Delisting Rumors, Sets Sight On Chasing Dogecoin, Shiba Inu
Floki FLOKI/USD is gaining momentum as speculation of problems with trading the meme coin on Coinbase has been disspelled. What Happened: In an X post on Friday, Floki dismissed rumors of a Coinbase delisting, confirming that the platform is only halting trading in New York—a region that accounts for just 2-5% of FLOKI's volume on Coinbase. Coinbase itself contributes only around 1% of FLOKI's total trading volume, making the overall impact insignificant. The change appears to be a regulatory issue rather than a Floki-specific decision, with other meme coins TURBO and GIGA also facing the same restriction in New York. Also Read: ‘I Lost Everything’—Trader Turns 0 Into $5 Million, Loses It All With Meme Coins That Were Supposed To Become The Next Dogecoin, Shiba Inu Why It Matters: Crypto trader CRG noted that Floki is in a strong liquidity sweep setup—it recently took out key lows, built a solid base, and now looks primed for a breakout. If momentum holds, a sharp rally could follow, especially with the broader meme coin market heating up. Memes catching a nice bid today$FLOKI one that looks great, spent nearly a week basing and took out Monday low / last week's lowPlenty of liquidity higherBounce it all with haste pic.twitter.com/YuGFVWZWT8— CRG (@MacroCRG) March 14, 2025 IntoTheBlock data shows that Floki transactions above $100,000 increased from 1 to 4 in the past week, signaling rising whale activity. 50% of FLOKI holders are currently in profit. Read Next: Pepe Leads Memecoin Rebound WIth 11% Rally, But Dogecoin, Shiba Inu Not That Far Behind Image: Shutterstock Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.