To be more specific, only lately, a well-known Japanese exchange called bitFlyer made the announcement that they would begin listing Shiba Inu (SHIB). As part of this celebration, the exchange will conduct a lottery in order to award SHIB tokens to a select group of consumers.
The community of this meme coin has been patiently waiting for the leading exchanges in Japan to list SHIB for some time now. “Cheggy,” an individual who advocates for the listing of Shiba Inus on Japanese exchanges, has started a petition requesting that Japanese exchanges include this token.
A significant number of people have shown their support for an initiative to encourage cryptocurrency exchanges in Japan to list this meme coin. During the past several years, Japan’s negative perspective on cryptocurrencies has significantly improved. The nation has achieved significant progress in both the NFT environment and the Metaverse ecology.
In point of fact, the government of Japan is considering easing up on some of the restrictions placed on virtual currencies. Listing in such a setting may be considered as beneficial to this meme coin in the long run. The level of excitement around this token on social networking sites is, as it was before, fairly high. A recent tweet from LunarCrush disclosed that Shiba Inu’s social media engagement has reached 47k, which is a significant milestone.
With the upward trend, large exchanges have begun offering the tokens that are most popular among members of the meme coin community. For example, Crypto.com just just featured BONE, which is part of the ecosystem of this token.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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