Coinbase暫停了紐約Floki，Giga和Turbo Memecoins的交易

Coinbase透露，它將不允許在紐約的Floki，Giga和Turbo Memecoins進行交易。

Coinbase will no longer allow the trading of the FLOKI, GIGA, and TURBO memecoins in New York. This change will go into effect at 2:00 PM ET on April 14.

Coinbase將不再允許在紐約進行Floki，Giga和Turbo Memecoins的交易。此更改將於4月14日美國東部時間下午2:00生效。

Coinbase is shutting down the trading of several memecoins in New York as part of a standard coins and instruments evaluation process, the company announced on Thursday.

該公司週四宣布，Coinbase正在關閉紐約的幾個模因的交易，這是標準硬幣和工具評估過程的一部分。

The latest update from its regular review of coins traded on the platform was the reason for suspending the trading of these memecoins, Coinbase stated.

Coinbase表示，從平台上對硬幣進行定期審查的最新更新是暫停這些模因交易的原因。

These tokens will no longer be available to all Coinbase users in New York, although trading on them can still go on in other regions.

這些代幣將不再適用於紐約的所有Coinbase用戶，儘管在其他地區仍然可以進行交易。

Why Is Coinbase Disallowing Trading on These Memecoins?

為什麼Coinbase會在這些模因上不承擔交易？

Coinbase claims that the decision was made after its regular review procedure: They only made that announcement, and legal experts foresaw potential consequences.

Coinbase聲稱該決定是在定期審查程序之後做出的：他們只發表了這一消息，法律專家預見了潛在的後果。

However, a popular Web3 attorney, who goes by the handle "Ariel Givener" on X, formerly Twitter, believes the connection is related to an ongoing legal issue in New York involving Coinbase.

但是，一位受歡迎的Web3律師是由Twitter上的X上的“ Ariel Fivener”撰寫的，他認為這種聯繫與涉及Coinbase的紐約正在進行的法律問題有關。

Coinbase launched these tokens as a part of its continuous project expansion. For instance, after the crypto exchange listed FLOKI in November, its price peaked for five months.

Coinbase將這些代幣推出了其連續項目擴展的一部分。例如，在加密交易所在11月列出了Floki之後，其價格達到了五個月的峰值。

Later, in December, Coinbase integrated TURBO and GIGA, leading to a 15% and 37% price increase for these tokens, respectively.

後來，在12月，Coinbase整合了Turbo和Giga，這些代幣的價格分別提高了15％和37％。

When tokens are listed, their prices rise due to the “Coinbase Effect” but eventually fall.

當列出令牌時，由於“共同基礎效應”，其價格上漲，但最終下降。

Memecoins: A New Trend in the Crypto Market

Memecoins：加密市場的新趨勢

Though thought of as fun projects, memecoins are now a serious industry. For example, Pump.fun, a platform built on the Solana network, was officially launched in January. More than 8.5 million meme tokens have been created on it.

儘管被認為是有趣的項目，但Memecoins現在是一個嚴肅的行業。例如，在Solana網絡上建立的平台Pump.Fun於1月正式啟動。在其上創建了超過850萬個模因令牌。

Since memecoins don’t have an ownership structure or create passive income, the SEC claims they aren’t securities. Hence, for now, they are not subject to SEC regulation.

由於Memecoins沒有所有權結構或創造被動收入，因此SEC聲稱他們不是證券。因此，就目前而言，它們尚未受到SEC法規的約束。

Meanwhile, talking about this topic at length, MEXC COO Tracy Jin claimed that memecoins will improve the DeFi space. However, he cautioned that investors should research these currencies and prepare for erratic market conditions.

同時，談論這個話題，MEXC COO Tracy Jin聲稱Memecoins將改善Defi空間。但是，他警告說，投資者應研究這些貨幣並為不穩定的市場狀況做準備。

Jin also stated that Coinbase just took a step that would change the cryptocurrency market, demonstrating its constant evolution.

金還說，Coinbase剛剛採取了一步，可以改變加密貨幣市場，表明其不斷發展。

He noted that the crypto exchange is expanding its product offerings to cater to the evolving demands of the market, which is adjusting to new technologies and financial instruments.

他指出，加密交易所正在擴大其產品產品，以滿足市場不斷發展的需求，該市場適應新技術和金融工具。

Moreover, Jin highlighted the importance of legal and regulatory adjustments as the cryptocurrency industry matures.

此外，金強調了隨著加密貨幣行業的成熟，法律和監管調整的重要性。

According to him, this factor is influencing the integration of new coins on trading platforms. Finally, Jin mentioned that Pump.fun’s ‘graduation rate’ is falling and now stands at less than 1% for the fourth week in a row as the platform hits a brick wall.

據他說，這個因素正在影響新硬幣在交易平台上的整合。最後，金提到泵。Fun的“畢業率”正在下降，現在第四周的平台撞到了磚牆，現在連續第四周不到1％。

This rate refers to tokens that complete the incubation period and become fully traded on the Solana decentralized exchange (DEX).

該速率是指完成孵化期並在Solana分散交易所（DEX）上完全交易的令牌。

A token must complete liquidity and trading benchmarks to graduate. According to on-chain data from Dune Analytics, Pump.fun’s graduation rate has stayed below 1% for the last four weeks, beginning on February 17.

令牌必須完成流動性和交易基準才能畢業。根據Dune Analytics的鍊鍊數據，Fump.Fun的畢業率在過去的四個星期中一直保持在1％以下，從2月17日開始。

This is the first time this has happened since the platform’s launch.

這是自平台發布以來第一次發生。

Pump. fun’s graduation rate has always been low. Its best week was last November, when 1.66% of memecoins built on this platform became available on the open market.

泵。 Fun的畢業率一直很低。它的最佳一周是去年11月，當時在該平台上建造的1.66％的Memecoins在公開市場上可用。

But at the time, this percentage was more critical than it is currently because of the greater number of tokens that were introduced on the market.

但是當時，這一百分比比目前更為關鍵，因為市場上引入的代幣數量更多。

The 1.67% completion rate equalled about 5,400 tokens joining Solana’s decentralized finance economy in a week since 323,000 tokens were minted on Pump.fun during the week beginning November 11.

自11月11日從11月11日開始的一周中，在泵上鑄造了1.67％的完成率，在一周內加入Solana的分散財務經濟的約5,400個令牌。

However, this time, the completion of 15 coins out of 8,788 tokens that week in February was clocked.

但是，這次，在2月份的8,788個令牌中完成了15個硬幣。

This analysis showed that weekly token completion had fallen to a four-week average of about 1,500 coins at the time of writing due to a decline in the volume of token production on both Pump.fun and Solana.

該分析表明，由於泵。Fun和Solana上令牌產量的量減少，在撰寫本文時，每週的代幣完成量下降到四周的平均值約為1,500個硬幣。

Favorable Market Conditions No Longer Affect Memecoins

有利的市場狀況不再影響成人

This comes as investors are pulling back from investing in memecoins, which they view as a quick money grab for the inventors or as degenerate lottery tickets.

這是因為投資者正在從投資Memecoin中退縮，他們認為這是發明家或退化彩票的快速錢。

President Donald Trump is among the political leaders who have launched their memecoins.

唐納德·特朗普（Donald Trump）總統是啟動其成員的政治領導人之一。

CoinGecko data showed that Trump’s token dropped 84% from its peak on January 19.

Coingecko數據顯示，特朗普的代幣從1月19日的高峰中下降了84％。

Despite increased liquidity, memecoins continue to have difficulties, according to Matrixport.

根據Matrixport的說法，儘管流動性增加了，Memecoin仍然遇到困難。

“The strong growth of the U.S. dollar has put pressure on BTC by decreasing dollar-denominated liquidity,” observed analysts at Matrixport in February.

“美元的強勁增長通過減少美元計數流動性來對BTC施加壓力，” 2月Matrixport的分析師觀察到。

The value of the U.S. dollar has declined since then. The U.S. Dollar Index (D

從那以後，美元的價值下降了。美元指數（D