Coinbase暂停了纽约Floki，Giga和Turbo Memecoins的交易

Coinbase透露，它将不允许在纽约的Floki，Giga和Turbo Memecoins进行交易。

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将不再允许在纽约进行Floki，Giga和Turbo Memecoins的交易。此更改将于4月14日美国东部时间下午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.

该公司周四宣布，Coinbase正在关闭纽约的几个模因的交易，这是标准硬币和工具评估过程的一部分。

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，从平台上对硬币进行定期审查的最新更新是暂停这些模因交易的原因。

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.

这些代币将不再适用于纽约的所有Coinbase用户，尽管在其他地区仍然可以进行交易。

Why Is Coinbase Disallowing Trading on These Memecoins?

为什么Coinbase会在这些模因上不承担交易？

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

Coinbase声称该决定是在定期审查程序之后做出的：他们只发表了这一消息，法律专家预见了潜在的后果。

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，一位受欢迎的Web3律师是由Twitter上的X上的“ Ariel Fivener”撰写的，他认为这种联系与涉及Coinbase的纽约正在进行的法律问题有关。

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将这些代币推出了其连续项目扩展的一部分。例如，在加密交易所在11月列出了Floki之后，其价格达到了五个月的峰值。

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

后来，在12月，Coinbase整合了Turbo和Giga，这些代币的价格分别提高了15％和37％。

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

当列出令牌时，由于“共同基础效应”，其价格上涨，但最终下降。

Memecoins: A New Trend in the Crypto Market

Memecoins：加密市场的新趋势

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.

尽管被认为是有趣的项目，但Memecoins现在是一个严肃的行业。例如，在Solana网络上建立的平台Pump.Fun于1月正式启动。在其上创建了超过850万个模因令牌。

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.

由于Memecoins没有所有权结构或创造被动收入，因此SEC声称他们不是证券。因此，就目前而言，它们尚未受到SEC法规的约束。

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.

同时，谈论这个话题，MEXC COO Tracy Jin声称Memecoins将改善Defi空间。但是，他警告说，投资者应研究这些货币并为不稳定的市场状况做准备。

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

金还说，Coinbase刚刚采取了一步，可以改变加密货币市场，表明其不断发展。

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，加密交易所正在扩大其产品产品，以满足市场不断发展的需求，该市场适应新技术和金融工具。

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

此外，金强调了随着加密货币行业的成熟，法律和监管调整的重要性。

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.

据他说，这个因素正在影响新硬币在交易平台上的整合。最后，金提到泵。Fun的“毕业率”正在下降，现在第四周的平台撞到了砖墙，现在连续第四周不到1％。

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

该速率是指完成孵化期并在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.

令牌必须完成流动性和交易基准才能毕业。根据Dune Analytics的链链数据，Fump.Fun的毕业率在过去的四个星期中一直保持在1％以下，从2月17日开始。

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

这是自平台发布以来第一次发生。

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的毕业率一直很低。它的最佳一周是去年11月，当时在该平台上建造的1.66％的Memecoins在公开市场上可用。

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.

但是当时，这一百分比比目前更为关键，因为市场上引入的代币数量更多。

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日从11月11日开始的一周中，在泵上铸造了1.67％的完成率，在一周内加入Solana的分散财务经济的约5,400个令牌。

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

但是，这次，在2月份的8,788个令牌中完成了15个硬币。

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.

该分析表明，由于泵。Fun和Solana上令牌产量的量减少，在撰写本文时，每周的代币完成量下降到四周的平均值约为1,500个硬币。

Favorable Market Conditions No Longer Affect Memecoins

有利的市场状况不再影响成人

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.

这是因为投资者正在从投资Memecoin中退缩，他们认为这是发明家或退化彩票的快速钱。

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

唐纳德·特朗普（Donald Trump）总统是启动其成员的政治领导人之一。

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

Coingecko数据显示，特朗普的代币从1月19日的高峰中下降了84％。

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

根据Matrixport的说法，尽管流动性增加了，Memecoin仍然遇到困难。

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

“美元的强劲增长通过减少美元计数流动性来对BTC施加压力，” 2月Matrixport的分析师观察到。

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

从那以后，美元的价值下降了。美元指数（D