Death Toll Sounds For EOS Crypto, Welcome Era of VAULTA: Coinbase Poised To Remove EOS?
Is EOS Crypto on the decline? Coinbase has revealed plans to end trading for five cryptocurrencies, including Clover Finance (CLV),
EOS
7.34%
EOS
EOS
Price
$0.2793
7.34% /24h
Volume in 24h
$1.45M
Price 7d
, League of Kingdoms Arena (LOKA), Muse DAO (MUSE), and Wrapped Centrifuge (WCFG) as part of its routine asset assessment.
The removal of these assets is slated for November 26 and will affect Coinbase Exchange, Coinbase Prime, and the website.
Coinbase stated that the action followed an internal regulation assessment and performance evaluation.
“We have transitioned our order books for these assets to limit-only mode,” Coinbase announced. “Limit orders can still be submitted and withdrawn, and matches may take place.”
For years, EOS stood out as one of the most contentious coins in the top 25 and was closely associated with early Tether founders, raising billions in funding. Nonetheless, earlier this year, EOS underwent a rebranding to Vaulta – yet that too is seeing declines.
The update quickly shook the market. MUSE dropped 24%, while LOKA fell 13% and WCFG declined by 9%, according to CoinGecko. EOS also dropped over 15% on the day to $0.57, amplifying its long-term descent of 97% from its all-time peak of $22.98 in 2018.
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Reasons Behind Coinbase’s House Cleaning
We continuously monitor the assets on our exchange to confirm they align with our listing criteria. Following recent evaluations, we will halt trading for Clover Finance (CLV), EOS (EOS), League of Kingdoms Arena (LOKA), Muse Dao (MUSE), & Wrapped Centrifuge (WCFG) on November 26, 2025, on…
— Coinbase Markets
Coinbase performs routine assessments to ensure that listed assets satisfy evolving standards regarding market fluidity, clarity, and safety. Tokens that fail to sustain trading volume or exhibit credible developer activity face the risk of being removed. This decision sparked mixed reactions online—some users deemed it overdue.
“Good riddance,” one user expressed on X. “EOS and LOKA were defunct projects anyway.”
Another remarked, “This should aid in safeguarding retail traders from rug pulls.”
Analysts suggest that this move could indicate Coinbase’s strategy to streamline asset listings in anticipation of increased regulatory scrutiny under the new crypto asset frameworks launched this year.
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The Wider Context: Coinbase Raises Standards, Focuses on New Listings
CoinMarketCap data reveals that Coinbase handled $2.5 billion in trades over the last 24 hours, with about 80% of transactions involving BTC, Ethereum, and Solana.
The five tokens that were removed accounted for a mere 0.05% of the month’s activity.
Coinbase’s asset clean-up seems to be a strategic decision regarding coins that are becoming obsolete. This is the reality of crypto; not every crypto token is going to succeed or remain significant.
After pruning less relevant assets, the protocol is now focusing on tokens that institutional investors might genuinely consider: BankrCoin (BNKR), Metaplex (MPLX), and Jito Staked SOL (JITOSOL). Interestingly, BNB has made it onto its watchlist, indicating that even Coinbase is ready to prioritize liquidity over competition.
With BTC hovering around $102,500 and ETH at approximately $3,400, capital continues to direct itself towards major coins, while lesser tokens are being cleared out through consolidation.
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Key Takeaways
- Is EOS Crypto on its last legs? Coinbase has declared it will discontinue trading for five cryptocurrencies, including Clover Finance (CLV), EOS, LOKA, and others.
- With BTC nearing $102,500 and ETH at approximately $3,400, investments are still focused on major assets as smaller tokens get eliminated through consolidation.
The post Death Toll Rings For EOS Crypto, Enter Age of VAULTA: Coinbase Set To Delist EOS? first appeared on 99Bitcoins.
