Rakuten Wallet to Give Away Physical SHIB Coins at November Investment Seminar
Key Takeaways
- •Rakuten Wallet will distribute physical Shiba Inu commemorative coins to attendees who verify their $SHIB holdings through the Rakuten Wallet application at the exchange's booth during the November 3 seminar in Japan.
- •The coins are metal souvenirs with no link to the Shiba Inu blockchain or cryptocurrency value, and Rakuten Wallet describes them as the world's first physical SHIB coins produced with a sandblasted finish.
- •The giveaway continues a recurring regional outreach schedule that included a Fukuoka seminar and planned October events in Sapporo and Osaka, following Rakuten Wallet's addition of SHIB trading in April.
- •Shiba Inu traded at $0.00000494 at the time of the announcement, a 3.78% drop over 24 hours, as renewed Federal Reserve rate hike concerns after hotter-than-expected US inflation data weighed on the broader cryptocurrency market.
- •Approximately $972.26 million in futures positions were liquidated over 24 hours, and Shiba Inu fell to an intraday low of $0.000004811, extending its losing streak to four consecutive days.
Japanese cryptocurrency exchange Rakuten Wallet has announced a Shiba Inu ($SHIB)-themed giveaway tied to its upcoming investment seminar in November, offering physical commemorative coins to $SHIB holders who attend the event in person.
Seminar Details and Participation
The seminar is scheduled to take place on November 3, which falls on Culture Day (Bunka no Hi), a public holiday in Japan. Rakuten Wallet expects the event to draw investors interested in Shiba Inu and other digital assets. The seminar will be organized by Rakuten Securities, with Rakuten Wallet operating its own booth on site. For $SHIB holders in Japan, the event provides a scheduled, in-person opportunity to receive the commemorative coin.
Matsuda, a Senior Analyst at Rakuten, is scheduled to speak at the seminar, following his previous appearance at the exchange's October event. His continued involvement underscores Rakuten's ongoing engagement with the $SHIB community in Japan.
How to Claim the Giveaway
To participate, attendees must present a screen within the Rakuten Wallet application confirming their $SHIB holdings to the exchange's staff at the booth. According to the company, everyone who meets this requirement will receive a giveaway item, with no stated exceptions.
Physical SHIB Coins and Previous Events
The commemorative $SHIB coins being distributed are physical metal souvenirs and have no technical link to the Shiba Inu blockchain. Rakuten Wallet first launched the coins earlier this year, introducing what it described as the world's first physical Shiba Inu coin featuring a sandblasted—also known as blast finish—design. In July 2026, the company became the first entity to use this particular finish in minting $SHIB coins. The tokens serve purely as collector's items and hold no cryptocurrency value.
Similar giveaways have taken place before. Rakuten Wallet previously distributed physical “Shib coins” at its Fukuoka seminar and confirmed plans to hold comparable events in Sapporo and Osaka in October. The repeated initiatives highlight the exchange's ongoing support for Shiba Inu, an asset it added to its trading offerings in April of this year. The November event extends a regional schedule that has already included Fukuoka and planned stops in Sapporo and Osaka, making the physical coin a recurring element of the exchange's retail outreach rather than a one-off promotion.
Market Context and Investor Activity
At the time of the announcement, Shiba Inu was trading at $0.00000494, reflecting a 3.78% drop over the previous 24 hours. The decline aligned with a widespread downturn across the cryptocurrency market, which followed renewed concerns about potential Federal Reserve interest rate hikes after higher-than-expected inflation data was released on Wednesday.
Official statistics showed a year-on-year increase in consumer prices of 3.7% through September, up from 3.4% in August and surpassing analyst forecasts. The core Consumer Price Index, which excludes food and energy, also rose to 2.6%, compared with 2.4% the previous month. Such readings are closely watched by cryptocurrency traders because of their bearing on Federal Reserve interest rate expectations.
Selling intensified early Thursday, with a total of $972.26 million in futures positions liquidated over the previous 24 hours, according to data from CoinGlass. Liquidations occur when exchanges automatically close leveraged futures positions after traders' losses breach margin requirements. Shiba Inu extended its losing streak to four consecutive days, falling to an intraday low of $0.000004811 during the period as volatility in the futures market heightened.
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Source: CryptoNewsNet · Original report via CoinTurk
