Coinbase Delists Five Altcoins, Sparking Immediate Price Declines

Nov 11, 2025, 7:51 p.m. 3 sources neutral
CLV
LOKA
MUSE
WCFG

The leading U.S. cryptocurrency exchange, Coinbase, has announced the suspension of trading services for five digital assets: Clover Finance (CLV), EOS (EOS), League of Kingdoms Arena (LOKA), Muse Dao (MUSE), and Wrapped Centrifuge (WCFG). The delisting is scheduled for November 26, 2025, and will affect Coinbase Exchange, Coinbase Prime, and the official website. In preparation, the exchange has moved order books for these assets to limit-only mode, allowing only limit orders to be placed or canceled until the removal date.

The announcement triggered significant price drops for the affected tokens. Muse Dao (MUSE) experienced the steepest decline, plummeting by 24% over 24 hours, while League of Kingdoms Arena (LOKA) fell by 13%, and Wrapped Centrifuge (WCFG) dropped by 9%. The other coins saw smaller losses. This reaction is typical for delistings, as they reduce liquidity, accessibility, and can cause reputational harm.

Many users on social media platforms, including X, praised Coinbase's decision, labeling some of the delisted coins as scams or rug pulls, with particular criticism directed at EOS and LOKA. The exchange regularly reviews listed tokens to ensure they meet standards, and this move is part of that ongoing process. In contrast, Coinbase continues to explore new listings, having recently added assets like BankrCoin (BNKR) and Metaplex (MPLX) to its roadmap, which often serve as price catalysts, though this was not the focus of the current news.

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