Shiba Inu (SHIB) Gifted Millions From Japan’s Best Stock Exchange With High Burn Rate Of 249%

Japan’s guard dog Shiba Inu (SHIB) coin is finally back home, as Bitpoint announces the dog coin’s listing by the end of November 2022. Moreover, the Japanese cryptocurrency exchange is preparing a welcome gift of 1,000,000 SHIB tokens For newly registered users. Moreover, according to The official announcementThe SHIB Millionaire Prize is one of four campaigns to be held in celebration of the listing.

The first Japanese stock exchange to honor the Shiba Inu

Strong weft From the SHIB community, as Bitpoint is ready to launch SHIB trading pairs on November 30, 2022. Interestingly, SHIB is nowhere to be found on Japanese crypto platforms, mainly due to strict regulations and harsh crypto market conditions for the better part of 2022.

However, a fellow Japanese cryptocurrency exchange Bitbank listed rival dog cryptocurrency Dogecoin (DOGE) in AugustHowever, this did not completely satisfy the cryptocurrency enthusiasts in Japan. Shortly after DOGE was listed, the SHIB army took to Twitter to petition several popular Japanese cryptocurrency exchanges to finally list SHIB.

Besides the aforementioned welcome gift of 1,000,000, there is a raffle draw for cryptocurrency enthusiasts who purchase at least 10,000 yen of SHIB tokens. For every purchase of 10,000 yen, customers receive a ticket to enter the prize draw to win up to 100,000,000 SHIB.

Things are heating up for the Shiba Inu

As the SHIB developer team works on SHIB: The Metaverse, lead developer Shytoshi Kusama is preparing the Shibarium, a Layer-2 upgrade. Furthermore it , Mr. Kusama has been invited to join the World Economic Forum (WEF)providing an opportunity for SHIB to shape the future of the Internet.

According to recent news, SHIB’s burn rate is back on track with a healthy 249% increase in the last 24 hours. according to Sheburnit was there 21 million SHIB tokens It was reduced to ashes in hopes of raising the market value of the coin.

The popularity of memecoins may open the door to faster retail crypto adoption.

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