- The TREAT token will officially be launched this month as the Shiba Inu team makes an advanced step towards decentralization.
- Shiba Inu lead developer Shytoshi Kusama highlights that the token could be a “capstone and key” to “full and perpetual decentralization.”
The Shiba Inu (SHIB) team has disclosed that the much-anticipated TREAT token will be launched this month. However, the exact date was not revealed. Meanwhile, the launch has been in the pipeline for more than two years now.
The new year begins with TREAT!
Wait is OVER, $TREAT is launching this January. Let’s kick off 2025 with a bang!
Check it out here pic.twitter.com/ebF5gGR0A5— Treat (@treatsforShib) January 2, 2025
Months ago, the marketing lead of the ecosystem, Lucie, highlighted that TREAT would serve as the ecosystem reward token. Specifically, users who stake or participate in liquidity pools with SHIB tokens would be rewarded with the TREAT token. Additionally, it would play a dual role as a governance and gas token on the new layer 3 blockchain.
More About the TREAT Token
Highlighting the key functionality of the Treat token, Shiba Inu lead developer Shytoshi Kusama disclosed on December 31 that the asset would not only serve as a tradable token but would be the backbone of the ecosystem and power global adoption.
What if there was a way to give Transactional Rewards for Engagement and Access through a Token? What if it served as the backbone of an operating system that could power a Network State and global adoption could solve many of the world’s problems? What if indeed. TREAT.
In a separate post on January 2, Kusama labeled TREAT as a “capstone and key” that unlocks the “full and perpetual decentralization” of Shiba Inu. The token has been said to be crucial in unlocking advanced features in the SHIB ecosystem. It is also reported to power WOOF Wars: Farming 2.0. Fascinatingly, this operates as an advanced yield farming mechanism that enables users to maximize their earnings via vote escrowed TREAT. Additionally, it would be integrated into an on-chain payment solution, SHIB Pay.
The Shiba Inu team has also consistently worked on the upcoming Layer-3 privacy blockchain. In April, a portion of the TREAT token was sold to Venture Capitalists to raise $12 million for this course.
According to our research, the SHIB community expected the public sale of TREAT to follow, but that was not the case. To take advantage of the delay, scammers have reportedly created fake versions to defraud unsuspecting investors. To protect investors, multiple announcements have been issued to caution the public about such fraudulent schemes using the TREAT brand.
The TREAT token has NOT been officially released. Contrary to recent claims, there has been no official launch from the SHIB team. Please exercise caution and refrain from engaging in any transactions or investments related to TREAT until its release is confirmed by legitimate sources. Safeguard your assets by avoiding participation in any unauthorized TREAT-related activities.
Shiba Inu’s Reaction
Reacting to this announcement, SHIB made a marginal surge of 1% on its daily price chart, extending its weekly performance to 4% to trade at $0.0000227. Meanwhile, an analyst identified as Javon Marks has predicted that the asset could hit $0.000081 in the near term. As we reported on January 2, this analyst has spotted the existence of a hidden bullish divergence characterized by higher lows for price and low lows for momentum.
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