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Shiba Inu (SHIB) has emerged as the crypto asset with the most trading volume on leading digital asset exchanges in Japan, notably BitPoint. Launched in March 2006, BitPoint is a leading Japanese crypto service provider.

Even though it lists 18 high market cap tokens on its platform, the memecoin has the highest trading volume among these tokens.

Japanese Venture Capitalists Back SHIB

In a recent development, SBI Trade, a prominent Japanese venture capital firm, introduced SHIB trading pairs on its cutting-edge SBI VC Trade trading platform. In its official statement, SBI Trade revealed that this strategic move is part of its commitment to cater to customer demands and deliver the most comprehensive services to businesses within the region.

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Moreover, the firm added that it recognizes the potential of Shiba Inu as interest in it keeps rising among the Japanese crypto community. Besides SBI Trade, the canine theme crypto asset has recently been listed on the trading platforms of BitFlyer and OKCoin Japan, further fueling its popularity.

The Shiba Inu token boasts one of the most expansive and vibrant communities within the crypto sphere. Its popularity has resulted in a thriving ecosystem with many enthusiastic supporters actively engaging in discussions, collaborations, and sharing insightful ideas about the meme coin.

Furthermore, this robust community is pivotal to the continuous growth and development of the Shiba Inu project. Their dedication and passion foster a dynamic environment where ideas are exchanged, innovations are explored, and new opportunities are discovered.

The Shytoshi Kusama Effect

Meanwhile, the mysterious founder of the Shiba Inu project, Shytoshi Kusama, recently changed his location on Twitter twice. First, he changed it to Japan before changing it again to show Miami, USA.

Also, the founder dropped some cryptic messages on his Twitter handle. The Shiba Inu community finds itself buzzing with anticipation as they diligently analyze the cryptic message shared by Kusama, which triggered widespread speculations about his move.

While some enthusiastic members believe that his puzzling tweet is a clue about the forthcoming Shibacon, the long-awaited real-life conference for ardent Shiba Inu enthusiasts, others believe Kusama’s tweet refers to the possibilities tied to Shiba Eternity, Shibacals and Shiboshis, which were all mentioned in the tags accompanying the cryptic message.

As the discussions continue within the SHIB Army, the community remains divided yet united in its dedication to unraveling the true meaning behind Kusama’s tweet. Each part of the information sparks imaginative theories and interpretations, fueling members’ curiosity as they try and connect Kusama’s cryptic message with some upcoming events within the community and the ever-expanding Shiba Inu-based projects.

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George Ward

By George Ward

George Ward is a crypto journalist and market analyst at Herald Sheets, known for his engaging articles on the latest digital currency trends. With a background in finance and journalism, he presents complex topics accessibly. George holds a degree in Business and Finance from the University of Cambridge.