Japan’s interest in Dogecoin is far from a meme. According to , Dogecoin had the highest spot trading volume among major cryptocurrencies in Japan in 2022. It surprised many outside the region because it placed Dogecoin ahead of Bitcoin and Ethereum during that period.
This strong volume wasn’t random. In tech-forward areas like Shibuya, younger investors treat meme coins like a digital language. Dogecoin’s lighthearted image and low entry cost made it more approachable than complex altcoins or institutional favorites. It became part of casual conversations around fintech, gaming, and social media, especially where culture and community overlap.
Some investors now view Japan’s activity as a cultural signal. When Dogecoin starts moving in places like Shibuya, it may mark early shifts in sentiment before global trends begin. That’s why any serious crypto trader researching a bold but realistic should look beyond U.S. headlines. Spotting regional behavior is becoming just as critical as reading market charts.