Home » A prominent exchange in Japan will now offer support for Shiba Inu on the Polygon network.

A prominent exchange in Japan will now offer support for Shiba Inu on the Polygon network.

OkCoinJapan has made an announcement regarding the listing of two tokens, one of which is Shiba Inu. Shiba Inu is built on the Polygon protocol.

by V. Sinclair
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OKCoinJapan, a prominent digital currency trading platform in Asia, has announced its intention to list new tokens, including Shiba Inu (SHIB) based on the Polygon network.

The Schedule for Shiba Inu Listing

In a statement on their official X platform account, OkCoinJapan revealed that trading of DAI SHIB tokens on their platform will support the Polygon variant starting from September 7. This announcement follows the recent relaunch of Shibarium, a Layer-2 scaling solution that serves as a significant gateway for the Shiba Inu protocol.

OkCoinJapan’s decision to further support the Shiba Inu memecoin demonstrates the protocol’s determination to expand its presence in the Web3.0 ecosystem and attract users from various geographical locations.

As a highly liquid exchange, OkCoinJapan will facilitate easy access to DAI and SHIB for both retail and institutional investors through its range of supported products.

The Importance of Japan and Asia

Japan and the broader Asian region play a crucial role in the growth and development of the Web3.0 ecosystem. Therefore, the increasing support for Shiba Inu across multiple blockchain protocols is a significant achievement for the protocol as it seeks to expand its ecosystem.

Expectations for Future Listings

Shiba Inu currently holds a prominent position among memecoins, largely due to the launch of Shibarium. This trend is likely to attract more listings from top exchanges worldwide. Although the initial launch of the Shibarium protocol faced challenges, efforts have been made to improve the network, and it has now reopened to the public.

Since the reopening, block production has been running smoothly, and industry innovators are already preparing to launch decentralized applications (DApps) to enhance the Shibarium ecosystem. The success of the Shibarium protocol will play a crucial role in facilitating the launch of SHIB and its associated tokens on exchanges in the near future.

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