Shiba Inu Listed on Japan’s First New Crypto Exchange in Four Years as SHIB Eyes Key Support

Shiba Inu Secures Spot on Japan's First New Crypto Exchange in Four Years

Shiba Inu has been listed on Laser Digital Japan, the first new crypto exchange approved by Japanese regulators in four years, joining a select group of blue-chip assets including Bitcoin, Ethereum, and XRP. The listing follows SHIB's inclusion on the Japan Virtual and Crypto Assets Exchange Association Green List in November 2025, marking a significant regulatory endorsement for the meme coin.

Laser Digital Japan Approval Ends Four-Year License Freeze

Nomura's Laser Digital Japan registered as a crypto asset exchange service provider on August 21, breaking a four-year period without any new crypto exchange licenses in one of Asia's strictest regulatory markets. The platform launches with six assets: Bitcoin, Ethereum, XRP, Bitcoin Cash, Litecoin, and Shiba Inu, with SHIB standing as the only meme coin on that list. The official Shiba Inu account called it a new milestone for the token's global reach, noting that the Japan listing represents another step forward for the token's institutional credibility.

Japan's approval process is widely considered among the most rigorous in Asia, making the Green List inclusion and subsequent exchange listing a meaningful regulatory endorsement for a meme coin. The listing on a Nomura-backed platform provides SHIB with access to Japanese retail and institutional investors through a regulated, trusted exchange infrastructure, potentially opening a new channel for capital inflows into the token.

Burn Activity Spikes Then Normalizes

Burn activity spiked between August 22 and 23, peaking near 41 million tokens before falling off sharply. Recent burns are dominated by Robinhood and ShibLaunchpad transfers to the dead wallet, with activity returning to consistent small-to-mid-size burns rather than a single large event. The burn mechanism, which permanently removes tokens from circulation, has been a key part of SHIB's tokenomics and community narrative around supply reduction.

The spike in burn activity coincided with the exchange listing announcement, suggesting that community engagement and speculative interest may have temporarily increased. However, the return to baseline burn levels indicates that the burn activity remains driven by routine operations rather than a structural shift in the token's supply dynamics. The consistent small-to-mid-size burns suggest that SHIB's deflationary mechanism continues to operate as intended, albeit at a steady rather than accelerating pace.

FactorCurrent StatusImpact

Exchange Listing	Launched on Laser Digital Japan	Access to Japanese market
Green List Inclusion	Achieved November 2025	Regulatory endorsement
Burn Activity	Spiked then normalized	Standard deflationary operation
Fear and Greed Index	65 (Greed)	Up sharply from 30 a month ago

Sentiment Shifts as Crypto Market Recovers

Shiba Inu Exchange Inflow Surges, but SHIB Holds Above Key Moving Average

The Crypto Fear and Greed Index reads 65 Tuesday, firmly in greed territory, down slightly from 74 the prior day but up sharply from 46 a week ago and 30 a month ago when both readings sat in fear. The rapid shift from fear to greed over a single week mirrors the broader crypto market recovery and suggests retail sentiment is repricing alongside institutional flows, potentially creating a supportive environment for SHIB's price action.

The sentiment shift reflects the broader market recovery, with Bitcoin climbing above $80,000 and altcoins following in its wake. For SHIB, the improved sentiment may provide additional support as the token tests key technical levels. However, the index's movement into greed territory also raises the possibility of a short-term pullback if sentiment becomes overly optimistic relative to fundamental developments.

SHIB Price Analysis: Key Levels to Watch

SHIB sits at its Bull Market Support Band on the weekly chart, the same zone that has held as support on every prior test since May. A weekly close below that band opens the channel floor, while holding it keeps the consolidation intact. The 12-month performance remains down 57.81%, reflecting the broader bear market that has weighed on meme coins throughout 2026.

Key levels for SHIB include $0.00000620 as spike high and trendline resistance above, with the weekly support band at $0.00000516 that must hold on a closing basis. The current price action suggests that SHIB is in a consolidation phase, with the support band providing a floor while resistance above limits upside momentum. The listing on Laser Digital Japan provides a positive catalyst that could support a breakout if sentiment continues to improve.

Price LevelTypeSignificance

$0.00000620	Resistance	Spike high and trendline
$0.00000516	Support	Weekly Bull Market Support Band
Current Price	Range	Consolidation between key levels

The combination of the Japan listing, improving sentiment, and technical support at key levels creates a potentially constructive setup for SHIB. However, the token remains down significantly year-to-date, and the broader market recovery has been uneven across altcoins. The weekly close relative to the support band will be the first indication of whether SHIB can maintain its position or whether the breakdown in burn activity and broader market cooling will weigh on the token's performance. The $0.00000516 level now serves as the line between continued consolidation and a potential move toward the channel floor, with the listing providing a positive catalyst that could tip the balance in favor of the bulls.

Dimitar Todorov publication: "Shiba Inu Listed on Japan’s First New Crypto Exchange in Four Years as SHIB Eyes Key Support" was written for 24crypto.news