{"id":605919,"date":"2024-05-01T07:15:30","date_gmt":"2024-05-01T07:15:30","guid":{"rendered":"https:\/\/wncen.com\/?p=605919"},"modified":"2024-07-12T05:21:38","modified_gmt":"2024-07-12T05:21:38","slug":"shiba-inu-surprise-binance-japan-listing-ignites-360-price-spike","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/shiba-inu-coin\/shiba-inu-surprise-binance-japan-listing-ignites-360-price-spike\/","title":{"rendered":"Shiba Inu Surprise! Binance Japan Listing Ignites 360% Price Spike"},"content":{"rendered":"

With a devoted fanbase, the meme coin Shiba Inu (SHIB) saw a frenzy of activity in the Japanese market this week. The stimulus is Initially sending the price skyrocketing, the introduction of a new SHIB\/JPY trading pair on Binance Japan caused upheaval.<\/span>
\n<\/span><\/p>\n

Related Reading: Ethereum Fees Dive: Will This Spark A Surge In Network Activity?<\/a><\/div>\n

Shiba Inu Soars On Binance Listing, But Briefly<\/strong><\/h2>\n

Binance Japan revealed on April 30th that the SHIB\/JPY pair will be included to its spot trading system. This action eliminated the need for currency exchanges by giving Japanese investors a practical means to trade SHIB straight with their yen.<\/span> The Shiba Inu community, especially in Japan where the coin with dog motif maintains a large following, greeted the news with enthusiasm.
\n<\/span><\/p>\n

\n

Binance\u30b8\u30e3\u30d1\u30f3\u304c2024\u5e744\u670830\u65e517:00\u3088\u308a\u73fe\u7269\u53d6\u5f15\u306b\u304a\u3044\u3066\u65e5\u672c\u5186\u5efa\u3066\u306e\u53d6\u5f15\u30da\u30a2 #SHIB<\/a>\/JPY \u3092\u8ffd\u52a0\u3002<\/p>\n

\u4e0a\u8a18\u53d6\u5f15\u30da\u30a2\u306f\u73fe\u5728\u5b9f\u65bd\u4e2d\u306e\u58f2\u8cb7\u53d6\u5f15\u624b\u6570\u6599\u7121\u6599\u30ad\u30e3\u30f3\u30da\u30fc\u30f3\u306e\u5bfe\u8c61\u3067\u3001\u671f\u9593\u4e2d\u306f\u30e1\u30a4\u30ab\u30fc\u624b\u6570\u6599\u304a\u3088\u3073\u30c6\u30a4\u30ab\u30fc\u624b\u6570\u6599\u3068\u3082\u306b\u7121\u6599\u3068\u306e\u3053\u3068\u3002https:\/\/t.co\/Fus96RbCN5<\/a><\/p>\n

\u2014 KURO\ud83d\udc3eSHIBARMY JPN\ud83c\uddef\ud83c\uddf5 (@kuro_9696_9696) April 30, 2024<\/a><\/p><\/blockquote>\n

Following the listing, SHIB had a brief boom, with its price momentarily rising to \u00a50.011966, roughly $0.00011.<\/span> From the pair’s starting trade price, this showed an astounding 360% rise.
\n<\/span><\/p>\n

KURO, a well-known member of the Shiba Inu community from Japan, recorded the explosion on social media, therefore adding more buzz.<\/p>\n

\"\"<\/p>\n

The excitement, though, was fleeting. The price rapidly settled at a far lower point, \u00a50.003741 (around $0.000024), so underlining the volatility in the bitcoin market.<\/span> Although the first surge created buzz, it’s important to keep in mind that these waves are usually ephemeral and do not always result in long-term development.
\n<\/span><\/p>\n

\n

\u4e00\u77ac\u3060\u3051SHIB 0.016666\u5186\ud83d\ude01#\u67f4\u72ac\u30b3\u30a4\u30f3<\/a> #\u30b7\u30d0\u30a4\u30cc\u30b3\u30a4\u30f3<\/a> https:\/\/t.co\/asKUDx4Omu<\/a> pic.twitter.com\/DeBtIV9iYw<\/a><\/p>\n

\u2014 KURO\ud83d\udc3eSHIBARMY JPN\ud83c\uddef\ud83c\uddf5 (@kuro_9696_9696) April 30, 2024<\/a><\/p><\/blockquote>\n

Can SHIB Maintain Its Footing? A Look Beyond The Listing<\/strong><\/h2>\n

It is yet unclear how the Binance Japan IPO would affect SHIB’s long-term pricing path. Although it surely made Japanese investors more accessible, various elements will decide the coin’s future success.<\/p>\n

The market for cryptocurrencies itself is up against challenges right now.<\/span> Leading cryptocurrency in the world, Bitcoin has witnessed a notable price drop recently, pushing down other digital assets too. The general attitude of the market probably determines SHIB’s future.
\n<\/span><\/p>\n

<\/p>\n

Total crypto market cap currently at $2.14 trillion. Chart: TradingView<\/a><\/pre>\n
The value proposition of the coin might be much changed depending on the success of the continuous projects of the Shiba Inu development team, including token burning campaigns and the Shibarium Layer 2 blockchain.<\/span> Should these initiatives take off and live up to their promises, they could draw more capital and increase SHIB demand.
\n<\/span><\/p>\n
\"\"SHIB price action in the last day. Source: Coingecko<\/a><\/pre>\n
The Rise Of Litecoin As A Fiat Onramp<\/strong><\/h3>\n
Fascinatingly, the rising popularity of Litecoin (LTC) as a means of purchasing other cryptocurrencies corresponds with the more attention on fiat-to- cryptocurrency gateways like the SHIB\/JPY pair.<\/span> For investors looking for a more seamless entrance into the crypto market, Litecoin appeals more than Bitcoin since it has faster transaction times and less fees.
\n<\/span><\/p>\n
Related Reading: XRP Price On Watch: Can This 23 Million Token Purchase Spark A Rally?<\/a><\/div>\n
Though it offers a different route for individuals wary of the volatility connected with direct fiat-to–meme currency purchases, LTC can profit on this trend and establish itself as a preferred fiat onramp remains to be seen.<\/p>\n
Featured image from Pexels, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
With a devoted fanbase, the meme coin Shiba Inu (SHIB) saw a frenzy of activity in the Japanese market this week. The stimulus is Initially sending the price skyrocketing, the introduction of a new SHIB\/JPY trading pair on Binance Japan caused upheaval. Related Reading: Ethereum Fees Dive: Will This Spark A Surge In Network Activity? Shiba Inu Soars On Binance Listing, But Briefly Binance Japan revealed on April 30th that the SHIB\/JPY pair will be included to its spot trading system. This action eliminated the need for currency exchanges by giving Japanese investors a practical means to trade SHIB straight with their yen. The Shiba Inu community, especially in Japan where the coin with dog motif maintains a large following, greeted the news with enthusiasm. Binance\u30b8\u30e3\u30d1\u30f3\u304c2024\u5e744\u670830\u65e517:00\u3088\u308a\u73fe\u7269\u53d6\u5f15\u306b\u304a\u3044\u3066\u65e5\u672c\u5186\u5efa\u3066\u306e\u53d6\u5f15\u30da\u30a2 #SHIB\/JPY \u3092\u8ffd\u52a0\u3002 \u4e0a\u8a18\u53d6\u5f15\u30da\u30a2\u306f\u73fe\u5728\u5b9f\u65bd\u4e2d\u306e\u58f2\u8cb7\u53d6\u5f15\u624b\u6570\u6599\u7121\u6599\u30ad\u30e3\u30f3\u30da\u30fc\u30f3\u306e\u5bfe\u8c61\u3067\u3001\u671f\u9593\u4e2d\u306f\u30e1\u30a4\u30ab\u30fc\u624b\u6570\u6599\u304a\u3088\u3073\u30c6\u30a4\u30ab\u30fc\u624b\u6570\u6599\u3068\u3082\u306b\u7121\u6599\u3068\u306e\u3053\u3068\u3002https:\/\/t.co\/Fus96RbCN5 \u2014 KURO\ud83d\udc3eSHIBARMY JPN\ud83c\uddef\ud83c\uddf5 (@kuro_9696_9696) April 30, 2024 Following the listing, SHIB had a brief boom, with its price momentarily rising to \u00a50.011966, roughly $0.00011. From the pair’s starting trade price, this showed an astounding 360% rise. KURO, a well-known member of the Shiba Inu community from Japan, recorded the explosion on social media, therefore adding more buzz. The excitement, though, was fleeting. The price rapidly settled at a far lower point, \u00a50.003741 (around $0.000024), so underlining the volatility in the bitcoin market. Although the first surge created buzz, it’s important to keep in mind that these waves are usually ephemeral and do not always result in long-term development. \u4e00\u77ac\u3060\u3051SHIB 0.016666\u5186\ud83d\ude01#\u67f4\u72ac\u30b3\u30a4\u30f3 #\u30b7\u30d0\u30a4\u30cc\u30b3\u30a4\u30f3 https:\/\/t.co\/asKUDx4Omu pic.twitter.com\/DeBtIV9iYw \u2014 KURO\ud83d\udc3eSHIBARMY JPN\ud83c\uddef\ud83c\uddf5 (@kuro_9696_9696) April 30, 2024 Can SHIB Maintain Its Footing? A Look Beyond The Listing It is yet unclear how the Binance Japan IPO would affect SHIB’s long-term pricing path. Although it surely made Japanese investors more accessible, various elements will decide the coin’s future success. The market for cryptocurrencies itself is up against challenges right now. Leading cryptocurrency in the world, Bitcoin has witnessed a notable price drop recently, pushing down other digital assets too. The general attitude of the market probably determines SHIB’s future. Total crypto market cap currently at $2.14 trillion. Chart: TradingView The value proposition of the coin might be much changed depending on the success of the continuous projects of the Shiba Inu development team, including token burning campaigns and the Shibarium Layer 2 blockchain. Should these initiatives take off and live up to their promises, they could draw more capital and increase SHIB demand. SHIB price action in the last day. Source: Coingecko The Rise Of Litecoin As A Fiat Onramp Fascinatingly, the rising popularity of Litecoin (LTC) as a means of purchasing other cryptocurrencies corresponds with the more attention on fiat-to- cryptocurrency gateways like the SHIB\/JPY pair. For investors looking for a more seamless entrance into the crypto market, Litecoin appeals more than Bitcoin since it has faster transaction times and less fees. Related Reading: XRP Price On Watch: Can This 23 Million Token Purchase Spark A Rally? Though it offers a different route for individuals wary of the volatility connected with direct fiat-to–meme currency purchases, LTC can profit on this trend and establish itself as a preferred fiat onramp remains to be seen. Featured image from Pexels, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":605924,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[92559],"tags":[142,83767,3505,83668,83667],"class_list":["post-605919","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-shiba-inu-coin","tag-altcoins","tag-meme-coins","tag-price-analysis","tag-shib","tag-shiba-inu"],"acf":[],"yoast_head":"\nShiba Inu Surprise! Binance Japan Listing Ignites 360% Price Spike<\/title>\n<meta name=\"description\" content=\"With a devoted fanbase, the meme coin Shiba Inu (SHIB) saw a frenzy of activity in the Japanese market this week. 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Binance Japan Listing Ignites 360% Price Spike","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/shiba-inu-coin\/shiba-inu-surprise-binance-japan-listing-ignites-360-price-spike\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/shiba-inu-coin\/shiba-inu-surprise-binance-japan-listing-ignites-360-price-spike\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/05\/a.jpg?fit=6000%2C4000","datePublished":"2024-05-01T07:15:30+00:00","dateModified":"2024-07-12T05:21:38+00:00","description":"With a devoted fanbase, the meme coin Shiba Inu (SHIB) saw a frenzy of activity in the Japanese market this week. The stimulus is Initially sending the","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/shiba-inu-coin\/shiba-inu-surprise-binance-japan-listing-ignites-360-price-spike\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/shiba-inu-coin\/shiba-inu-surprise-binance-japan-listing-ignites-360-price-spike\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/shiba-inu-coin\/shiba-inu-surprise-binance-japan-listing-ignites-360-price-spike\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/05\/a.jpg?fit=6000%2C4000","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/05\/a.jpg?fit=6000%2C4000","width":6000,"height":4000,"caption":"Shiba Inu"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/shiba-inu-coin\/shiba-inu-surprise-binance-japan-listing-ignites-360-price-spike\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Shiba Inu Surprise! 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Shiba Inu Surprise! 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