Coinbase’s Hilarious Crypto Cleanup: Three Meme Coins Get the Boot! 😂

Ah, the grand stage of cryptocurrency, where fortunes are made and lost faster than a sneeze in a crowded theater! Our beloved Coinbase, that illustrious exchange, has decided to perform a little spring cleaning, and guess what? Three unfortunate digital assets—those merry little meme coins Floki, GIGA, and Turbo—are about to be shown the door! 🚪💨

In a tweet that could only be described as a digital clarion call, Coinbase proclaimed its noble intent to ensure compliance and maintain the highest of quality standards. One can almost hear the trumpets blaring! 🎺 “Based on recent reviews,” they declared, “we shall suspend trading for FLOKI (FLOKI), Turbo (TURBO), and Gigachad (GIGA) in New York only on April 14, 2025, at precisely 2 PM ET.” How delightfully specific! 🕑

Yes, indeed! Trading of these assets will be halted on Coinbase (both Simple and Advanced Trade), Coinbase Exchange, and Coinbase Prime. A veritable digital funeral for our dear meme coins! ⚰️

Now, let us ponder the fate of Floki, that whimsical cryptocurrency inspired by none other than Elon Musk’s Shiba Inu. It has recently taken a tumble, down 4% daily—perhaps it was too busy chasing its own tail? 🐕‍🦺 Turbo, the self-proclaimed “first ever memecoin created by AI,” is also feeling the heat, while Giga Chad (GIGA), a meme coin on Solana, has plummeted a staggering 17% in the last 24 hours. Oh, the irony! 😂

Coinbase announced that based on a recent asset review, it will suspend trading for FLOKI, TURBO, and GIGA tokens in New York starting at 2:00 PM ET on April 14, 2025, to ensure compliance with its listing standards. Notably, these tokens were recently listed on Coinbase late…

— Wu Blockchain (@WuBlockchain) March 13, 2025

In a twist of fate that could only be described as deliciously ironic, Wu Blockchain pointed out that these tokens were just recently welcomed into the Coinbase family—FLOKI in November, and TURBO and GIGA in December. Talk about a short-lived romance! 💔

Coinbase News: The Plot Thickens!

But wait, there’s more! In addition to this delightful delisting drama, Coinbase is also preparing to roll out new listings. Just yesterday, they announced the addition of Maple Finance (SYRUP) and Aethir (ATH), both of which are strutting their stuff on the Ethereum (ERC-20 token) network. 🍁

The trading of these new crypto assets is expected to commence on or after 9:00 a.m. PT on March 13, 2025, once liquidity conditions are met. Fingers crossed! 🤞

And as if that weren’t enough, RedStone (RED) is now live on Coinbase, complete with an experimental label—because who doesn’t love a little adventure? 🎢

In a move that has surely sent ripples through the crypto community, Coinbase has registered with India’s Financial Intelligence Unit (FIU), allowing it to provide crypto trading services in the nation. A bold step indeed! 🌏

According to a statement issued on Tuesday, the U.S.-based exchange plans to launch its retail trading platform in India later this year, with additional investments and product offerings to follow. With this audacious move, Coinbase joins the ranks of its rivals Binance, Bybit, and KuCoin in registering with the FIU. What a delightful game of catch-up! 🏃‍♂️💨

Read More

2025-03-13 18:57