Meme coin OG Shiba Inu (SHIB) was delisted by Binance. At the same time, the latest meme coin Big Eyes (BIG) just ranked at more than $16 million at the presale. Is this the end of Shibu?

Binance is a highly respected crypto exchange, one that everyone in the crypto trading world looks to when in need of advice. It caused shockwaves, when Binance delisted the popular crypto coin Shiba Inu from its trading floor. Don't fear though, SHIB isn't going anywhere.

According to Finbold, SHIB was the third-watched cryptocurrency last year, meaning people are still interested in SHIBA. However, Binance has made absolutely no statement on why they have chosen to remove the coin. Some sources state SHIBA's low liquidity is to blame.

Despite this, Binance has a lot more to worry about. Due to the withdrawal of the exchange from a last-minute deal to rescue FTX, speculation surrounding the future of the exchange arose. Binance has, despite this, announced mass hirings, meaning they are still committed to company growth, no matter how controversial this is amongst investors.

When SHIBA burst onto the scene of crypto in 2020 they were called the "Dogecoin killer" by the crypto community. They managed to become one of the most successful meme coins ever, with Binance owning 16% of their total coins (worth over $700 million). This can perhaps point to Binance not fully letting go of Shiba Inu anytime soon.

SHIBA has managed to keep afloat, alongside its main competition, Dogecoin. DOGE is considered to be the first meme coin. Founded by software engineers Billy Markus and Jackson Palmer, the coin was a satirical take on all the buzz being made around crypto. The currency ended up being hugely successful until Shiba Inu took some of that market share. Now that Shiba Inu has been knocked down, to a degree, by Binance, is there room for one more?

Enter Big Eyes Coin, a new cryptocurrency that has been able to gather $17.5 million in presales. Big Eyes is a community-led coin/ meme token that has gained traction in the cryptocurrency and the NFT market. The NFT itself is cutesy and feline-themed, maybe an obvious contradiction to DOGE and SHIBA's dogs. Big Eyes made a splash with investors with a donation wallet, where 5% of all profits would go to marine conservation projects. This environmentalism taps into a new Gen Z/ Millennial demographic, where climate change overwhelmingly gets support.

Big Eyes has been able to cement itself into the meme coin world, it's clearly on the path to overtaking DOGE or SHIBA. It won't be too long before we can see it gain traction. However, as we have just seen with Binance, even when a coin struggles, it doesn't go away that easily. Rather than an overtake, we could be witnessing a new face in meme coins. Maybe raining cats and dogs won't be such a bad thing after all!

Big Eyes Coin (BIG)

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL