Rakuten Wallet, a crypto giant based in Japan, has released exciting news for Shiba Inu (SHIB) enthusiasts. The company is planning a unique giveaway for SHIB holders on September 12 during the Securities Investment Academy event in Fukuoka. Attendees will have the exclusive opportunity to receive limited edition physical SHIB coins.
What Awaits at the Fukuoka Event?
Scheduled as a part of the upcoming event, Rakuten Wallet has announced that Senior Analyst Matsuda will deliver a highly anticipated presentation. Simultaneously, the company plans to distribute physical SHIB memorabilia, first introduced in July. These coins, which bear no technical blockchain connection, are crafted as collectible metal tokens.
How to Participate in the Giveaway?
Participation in this exciting giveaway is straightforward. SHIB holders only need to display a screenshot of their SHIB balance from the Rakuten Wallet app. Looking beyond Fukuoka, the company plans to host further seminars in Sapporo and Osaka in October, featuring the same commemorative coins.
Rakuten Wallet first introduced these physical tokens in July. Created with a unique surface sandblasting technique, these coins serve as tangible representations of the digital currency but are not positioned as investment tools or blockchain products.
Why is SHIB Support Increasing?
Since adding SHIB to its platform in April, Rakuten Wallet has markedly enhanced its support for this digital asset. This inclusion paved the way for millions in Japan to convert their Rakuten Points into SHIB, while also enabling spending via Rakuten Pay across 5 million locations nationwide.
In June, the company announced SHIB-targeted content, notably a special video titled “Understanding SHIB,” developed with insights from Senior Analyst Matsuda. This piece was released shortly after SHIB trading commenced on the platform.
- Rakuten Wallet enhances user engagement by integrating SHIB into daily transactional tools.
- Seminars planned in multiple cities signify the company’s commitment to broadening SHIB’s reach in Japan.
The broader crypto market continues to face pressure, particularly among altcoins. While Bitcoin maintains dominance, many tokens have retracted some recent gains. The current Altcoin Season Index sits at 33, suggesting a persistent focus on Bitcoin, constraining other coins like SHIB.
