Shiba Inu launches TREAT, a new ecosystem token to unlock new features for the platform’s growing network. This launch coincides with the resumption of SHIB’s momentum, which could bring a lasting end to the asset’s recent bearish period.
TREAT takes care of governance and rewards for the broader ecosystem, and its developers seek to further transform Shiba Inu from a coin into an innovative blockchain network.
Shiba Inu will launch TREAT
Shiba InuSHIB), the second largest coin by market capitalization, adds a new asset to its blockchain ecosystem: TREAT. The company has planned this launch for several months since initially explore governance tokens with a DAO launch.
Today it is formally announcement the launch of TREAT via social media, including a list of its characteristics.
“The new year begins with TREAT! The wait is over, TREAT will launch in January. Let’s start 2025 in style! The Shiba Inu team posted on X (formerly Twitter).
The company’s website clearly states that TREAT is a practical asset, “the key that unlocks all the enhanced capabilities of our network’s evolving state.” Its primary functions relate to rewards and governance of the Shiba Inu ecosystem, fostering yield farming, decision-making, crypto payments, and more.
However, TREAT will not be available to American audiences. Although the team did not provide any details, the announcement contained a clear warning that the new meme coin is not intended for the US market. This could be due to possible regulatory or licensing issues with US exchanges.
In short, TREAT exists as the culmination of Shiba Inu’s long journey. transition from a meme coin to an ambitious blockchain project. This development began in earnest with BONE and LEASH, two younger workers that the company was integration with other blockchains.
SHIB himself recently experienced a chaotic price period. Even though it started December with a nine-month high, notable drop in trade volume quickly caused price corrections. However, SHIB is regain some momentumand it has moved towards a recovery in recent days.
Perhaps the launch of TREAT will help speed up this growing optimism of SHIB. At the very least, it’s already generated some positive buzz from the community.
Shiba Inu is not looking to abandon its roots but rather to meaningfully demonstrate that it has a healthy and useful ecosystem compared to the average coin. TREAT’s contributions will only build the network.
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