SHIB go land for Rakuten Wallet for yen trading, despite say dem delay am
Shiba Inu (SHIB) dey set to expand for Japan after Rakuten Wallet talk sey dem go list SHIB for yen trading along with XRP and XLM. Users fit buy SHIB with Rakuten Points and Rakuten Cash, then spend am for over 5 million retail locations through Rakuten Pay.
Rakuten still yarn say their payment network dey support about 44 million registered users, wey dey strong the “crypto-to-retail payments” story for SHIB. But rollout timing no sure: the initial April 15 launch target delay, and dem go put new date for Rakuten Wallet website.
Price matter, SHIB small push up to around $0.000006 during the announcement before e pull back near ~$0.0000005834. For traders, the key thing na whether SHIB Japan payment integration go boost real-world demand sentiment—while the delayed schedule keep near-term momentum risk high.
Neutral
Dis news dey constructive for SHIB because Rakuten Wallet yen trading plus Rakuten Pay spending routes fit turn di token into more solid "crypto-to-retail payments" use case for Japan. Di scale claims (5M+ retailers and ~44M users) dey support one longer-term demand story and fit boost sentiment.
But both summaries point to one near-term risk: di launch originally supposed for April 15 but e delay. Dat timing uncertainty fit calm immediate flows and cause headline-driven, short-lived price pops. Overall, e likely neutral-to-slightly bullish for SHIB with volatility around di eventual launch date rather than immediate, sustained breakout.