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Japan's largest market Mercari launches SHIB and DOGE, with 23 million users

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Coin World News reports that Japan’s largest marketplace, Mercari, has announced that it will list Shiba Inu (SHIB) and Dogecoin (DOGE) on its app, allowing 23 million users to directly purchase these assets with the funds or points earned from selling second-hand items. The technical support for this integration is provided by the exchange Coincheck, leveraging its new API service, Crypto as a Service (CaaS). Currently, the number of crypto accounts within Mercari has exceeded 4 million, 85% of which are opened by users with no trading experience. The inclusion of SHIB perfectly meets the needs of these new users, because although the token’s price is extremely low, its market cap reaches $2.73 billion, enabling trading from just 1 yen—well suited to Mercari’s millions of users. This move creates a digital collectible-style behavior pattern for Japan’s retail customers: they buy SHIB or DOGE in small amounts rather than trying to profit from price fluctuations.
SHIB1.17%
DOGE-1.2%
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GateUser-cbb8cdf5
· 2h ago
SHIB with a market value of 273 million is integrated into a national-level app; this experimental scale is impressive.
View OriginalReply0
PaperfoldDao
· 3h ago
Start investing from 1 yen, finally no need to explain "why I can't buy 0.0001 BTC"
View OriginalReply0
SummerNightColdWallet
· 3h ago
How many of the 4 million crypto accounts are dormant? Curious about the actual active ones.
View OriginalReply0
MintConditionMax
· 3h ago
85% have no trading experience? Just collecting digital stamps as a hobby.
View OriginalReply0

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