Shiba Inu breaks silence on TREAT token launch day

• The TREAT token will officially launch this month as the Shiba Inu team takes a step forward towards decentralization.
• Shiba Inu lead developer Shytoshi Kusama points out that the token could be the “stone and key” for “complete and permanent decentralization.”

The Shiba Inu (SHIB) team has revealed that the highly anticipated TREAT token will be launched this month. However, the exact date has not been revealed. Meanwhile, the launch has been in the works for more than two years.

The new year starts with TRET! 🔥
The wait is OVER, $TREAT starts this January. Let’s start 2025 with a bang! 💥
Check here 👉🏻 pic.twitter.com/ebF5gGR0A5— Treat (@treatsforShib) January 2, 2025

A few months ago, the head of marketing for the ecosystem, Lucie, pointed out that TREAT will serve as the reward token of the ecosystem. Specifically, users who invest or participate in liquidity funds with SHIB tokens would be rewarded with the TREAT token. In addition, it would play a dual role as a management and gas token on the new layer 3 blockchain.

More about TREAT Token

Highlighting the key functionality of the Treat token, Shiba Inu lead developer Shytoshi Kusama revealed on December 31st that the asset will not only serve as a tradable token, but will be the backbone of the ecosystem and enable global adoption.

What if there was a way to provide transactional rewards for engagement and access through tokens? What if it served as the backbone of an operating system that could drive the state of the web, 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 the “capstone and key” that unlocks the Shiba Inu’s “complete and permanent decentralization.” The token is said to be key in unlocking advanced features in the SHIB ecosystem. It is also said to be running WOOF Wars: Farming 2.0. Fascinatingly, this works as an advanced yield farming mechanism that allows users to maximize their earnings through TREAT’s escrowed vote. Additionally, it would be integrated into the on-chain payment solution, SHIB Pay.

The Shiba Inu team has also consistently worked on the upcoming Layer-3 private blockchain. In April, part of the TREAT token was sold to venture capitalists to raise $12 million for this course.

According to our research, the SHIB community expected a public sale of TREAT to follow, but this was not the case. To take advantage of the delay, fraudsters allegedly created fake versions to dupe unsuspecting investors. To protect investors, multiple announcements have been issued to warn 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 by the SHIB team. Please exercise caution and refrain from any transactions or investments related to TREAT until its release has been confirmed by legitimate sources. Protect your assets by avoiding engaging in any unauthorized TREAT-related activities.

Shiba Inu reaction

Reacting to this announcement, SHIB made a marginal jump from 1% on its daily price chart, extending its weekly performance to 4% trade at $0.0000227. Meanwhile, an analyst identified as Javon Marks predicted that the asset could reach $0.000081 in the near future. As we reported on January 2, this analyst spotted the existence of a hidden bullish divergence characterized by higher lows and lower momentum lows.