The Shiba Inu ecosystem’s TREAT token has become one of the top gainers in the crypto market after initially experiencing a devastating price drop following its launch.
Data from market tracking platform CoinMarketCap shows that TREAT surged 61% over the past day, trading at $0.008533 at press time. This is happening despite a largely bear market led by Bitcoin.
Meanwhile, major centralized exchange KuCoin released a tweet today ranking TREAT as the top gainer in the last 24 hours with a 111% increase.
At the time of the update, the Shiba Inu TREAT price was $0.0098. These figures suggest that the price of TREAT has more than doubled in the past day alone.
Shiba Inu MAKES Pumps 191% After Crashing 53% Post-Launch
In particular, the Shiba Inu TREAT became available to the public to trade on January 14 at the listing price of $0.01. However, in the following days, TREAT’s price steadily fell until the token reached an all-time low of $0.004641 on January 20. Compared to the listing price of $0.01, this represents a massive drop of 53.59%.
TREAT has since rebounded strongly from this all-time low to reach an all-time high of $0.0135. This happened yesterday, coinciding with Bitcoin also hitting a new all-time high for 2025. For context, TREAT’s rise represents a 191% return on the same day it hit its all-time low.
This dramatic turnaround has caught the attention of the crypto community, especially among Shiba Inu enthusiasts. “Congratulations to TREAT,” said one SHIB community member, noting that the BONE token could be next to see an equally impressive surge.
However, TREAT is quickly losing the ground it regained amid Bitcoin instability. Its value hovering around $0.008533 at press time reflects a 35.1% loss from the recent high. This coincides with Bitcoin dropping 7.18% from its new all-time high of $109,000.
TREAT in the Shiba Inu ecosystem
For the uninitiated, the TREAT token within the Shiba Inu ecosystem serves several purposes. Specifically, it will provide liquidity to the upcoming SHI stablecoin, potentially replace the BONE token as a reward on the ShibaSwap DEX, and provide rewards for “SHIB: The Metaverse” and Shiba Eternity.
Additionally, TREAT will be used as part of the ecosystem collaboration with Zama, which integrates encryption solutions for improve transaction confidentiality and data management.
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