Shiba Inu Caught in the Crosshairs of Binance’s Crypto Delisting Spree

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The world’s largest cryptocurrency exchange, Binance, has launched another wave of trading pair delistings—and this time, the popular meme coin Shiba Inu (SHIB) is caught in the crossfire. While the delisting doesn’t remove SHIB entirely from the platform, the termination of key trading pairs like SHIB/TUSD marks a significant shift in how the token is supported on one of the most influential exchanges in the crypto space.

This move has sparked renewed discussions about meme coin sustainability, exchange quality control, and investor exposure to volatile digital assets.

Binance Removes SHIB/TUSD Trading Pair

On June 26, Binance announced the immediate removal of several underperforming spot trading pairs, with changes taking full effect by June 28, 2024. Among them was the SHIB/TUSD pair, along with associated spot trading bot services, which have now been terminated.

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While this delisting may sound alarming, Binance emphasized that Shiba Inu (SHIB) remains available on its Spot Exchange. Users can still trade SHIB against other base currencies and conduct standard transactions. The decision specifically targets low-liquidity pairs rather than the token itself.

Other affected pairs include:

According to Binance, these delistings are part of an ongoing effort to maintain market integrity and user protection. The exchange cited poor liquidity and consistently low trading volume as primary reasons for removing these pairs. By streamlining its offerings, Binance aims to enhance platform efficiency and reduce risks associated with illiquid markets.

Users were advised to cancel or adjust their automated trading bots ahead of the deadline to prevent unintended trades or losses—a reminder of the importance of staying informed in fast-moving crypto environments.

Why Liquidity Matters in Crypto Trading

Liquidity plays a crucial role in determining how easily an asset can be bought or sold without causing drastic price swings. Low-liquidity trading pairs are more susceptible to slippage, manipulation, and sudden volatility—risks that exchanges like Binance aim to minimize.

When a pair like SHIB/TUSD sees minimal activity, it becomes harder for traders to enter or exit positions efficiently. Over time, such inefficiencies degrade user experience and expose traders to unnecessary risk. By pruning underperforming pairs, Binance reinforces its commitment to offering a high-quality, sustainable trading environment.

This isn’t the first time Binance has taken action against SHIB-related pairs. In 2023, the exchange delisted the SHIB/BUSD margin trading pair as part of its broader phase-out of support for the BUSD stablecoin. These incremental steps reflect a larger trend: major exchanges are becoming more selective about which assets they support—especially meme coins driven more by hype than fundamentals.

Shiba Inu’s Price Downturn Deepens

Even before the delisting news, Shiba Inu was already facing headwinds. The token has been on a prolonged downward trajectory, with CoinMarketCap data showing a 33.06% drop over the past month. In the last 24 hours alone, SHIB fell another 2.39%, trading at approximately $0.000017.

This decline has been accompanied by shrinking investor interest. The 24-hour trading volume for Shiba Inu has dropped by 36.31%, signaling reduced market participation and waning speculative momentum.

At its peak earlier in 2024, SHIB briefly surged above $0.000044, fueled by community enthusiasm and broader market optimism. Today’s price sits significantly below that high-water mark, underscoring the volatility inherent in meme-based cryptocurrencies.

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What This Means for SHIB Investors

For long-term holders and active traders alike, Binance’s decision raises important questions:

While delisting a single trading pair doesn’t equate to a full exit from the platform, it does limit access points for certain investors—particularly those relying on TUSD as a stablecoin intermediary. It may also indirectly affect sentiment, contributing to further selling pressure during already fragile market conditions.

However, it’s worth noting that SHIB continues to trade against major bases like USDT, BTC, and ETH on Binance. Additionally, the Shiba Inu ecosystem has expanded beyond just the token, with developments in decentralized finance (DeFi), NFTs, and layer-2 scaling solutions through Shibarium, which could provide long-term utility independent of exchange listings.

Frequently Asked Questions (FAQ)

Q: Is Shiba Inu being completely removed from Binance?
A: No. Only specific trading pairs like SHIB/TUSD have been delisted. SHIB remains available for trading against other major cryptocurrencies such as USDT and BTC.

Q: Why did Binance delist the SHIB/TUSD pair?
A: Due to low liquidity and poor trading volume. Binance regularly reviews and removes underperforming pairs to maintain platform quality and protect users.

Q: Will this affect my existing SHIB holdings?
A: Not directly. You can still deposit, withdraw, and trade SHIB using other available pairs on Binance.

Q: Could more SHIB pairs be delisted in the future?
A: While possible, it depends on trading activity and liquidity. Pairs with sustained volume are less likely to be targeted.

Q: How does this impact SHIB’s price long-term?
A: Short-term sentiment may be negative, but long-term value will depend on ecosystem development, adoption, and broader market trends.

Q: Are other meme coins at risk of similar delistings?
A: Yes. Any token with consistently low liquidity or trading volume across exchanges could face similar actions as platforms prioritize quality and stability.

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Final Thoughts

Binance’s latest round of delistings highlights a maturing cryptocurrency market—one where even popular meme coins must meet performance standards to retain prime exchange placement. While Shiba Inu remains accessible on Binance, the removal of the SHIB/TUSD pair serves as a cautionary signal about reliance on hype-driven assets.

As exchanges tighten their criteria, investors should focus not only on price movements but also on liquidity health, exchange support, and underlying project fundamentals. For meme coins like SHIB, long-term survival may hinge less on viral popularity and more on delivering tangible utility within evolving blockchain ecosystems.

The current downturn presents both challenges and opportunities. Traders can use this period to reassess strategies, while long-term believers may see value in accumulating during dips—provided they do so with full awareness of the risks involved.

In a rapidly evolving digital asset landscape, adaptability is key. Whether Shiba Inu can bounce back depends not just on market sentiment, but on its ability to innovate beyond the meme.