NewsletterMajor Japanese Exchange to Support Shiba Inu on Polygon
OKCoinJapan, a major digital currency trading platform in the Asian country has announced its plans to list new tokens including Polygon-based Shiba Inu (SHIB).
The Shiba Inu Listing Schedule
Taking to its official account on the X platform, the OkCoinJapan platform said the DAI SHIB tokens trading on the platform will support the Polygon variant as of September 7. The announcement comes on the heels of the recent relaunch of Shibarium, a Layer-2 scaling solution that is regarded as a major gateway and pivot for the Shiba Inu protocol.
That OkCoinJapan is doubling down on its support for the Shiba Inu memecoin is a testament to the latter’s determination to permeate the length and breadth of the Web3.0 ecosystem, carving out access among users irrespective of their geographical location.
As an exchange with deep liquidity, OkCoinJapan will make it easy for both retail and institutional investors to gain access to DAI and SHIB through the other defined products that are largely supported by the trading platform.
Japan and the broader Asian region are pivotal to the growth and evolution of the Web3.0 ecosystem. As a result, the expanding support for Shiba Inu through the variant of the coin on multiple blockchain protocols is a big win for the protocol which is trying to extend its ecosystem.
More Listings to Come
Shiba Inu is arguably the memecoin with the biggest reputation today by virtue of the Shibarium launch, a trend that is bound to draw in more listings from top exchanges around the world. While the initial launch of the Shibarium protocol was marred by a lot of irregularities, many hands had been on deck to help scale the network and it has finally been reopened to the public.
Since the reopening, block production has been going normally and industry innovators are already making room to launch DApps to help broaden the Shibarium ecosystem. The sheer success of the Shibarium protocol will become pivotal to boosting the launch of SHIB and its associated tokens on exchanges in the near future.
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