Overview:
The Shiba Inu ecosystem has taken a major leap forward with the launch of its TREAT token, marking a significant milestone in its roadmap. Here’s everything you need to know about the launch, its impact, and what lies ahead.
TREAT Token Live: Initial Details and Market Impact
- Initial Distribution: Participants in the TREAT token launch received a minimum of 1,250 TREAT tokens, valued at $12.50, based on the starting price of $0.01.
- Price Spike Post-Launch:
- KuCoin: $TREAT spiked to $0.035.
- Bitget: The token reached a peak of $0.15.
- Total Supply: 10 billion tokens.
- Daily Trading Volume: Approximately $15.7 million, indicating strong early interest.
Future Developments and Ecosystem Growth
Shytoshi Kusama, the leader of the Shiba Inu ecosystem, shared insights on X (formerly Twitter), stating that the launch of TREAT is just the beginning of a revolutionary phase for Shiba Inu. He hinted at more rewards and further integration of TREAT in the ecosystem.
Lucie, the marketing lead, echoed this sentiment, stating:
“TREAT holds magic that others don’t. It’s a slow release, but there are many surprises on the way.”
These updates suggest exciting developments ahead, with new utilities and rewards tied to TREAT expected in the coming weeks.
Shiba Inu Burn Rate Spikes Post-TREAT Launch
The launch of TREAT triggered a massive surge in SHIB’s burn rate, with over 21 million SHIB tokens burned in the last 24 hours, representing a 2,229% increase.
Impact on SHIB Scarcity
- The increased burn rates reduce the circulating supply of SHIB, potentially increasing its scarcity and long-term value.
- SHIB derivatives saw a significant uptick, with $405 million in open interest.
- Gate.io, a hub for SHIB derivatives trading, continues to strengthen market confidence.
Challenges and Market Sentiment
While the trend around TREAT is largely positive, SHIB still trades 75.74% below its all-time high (ATH). However, the combination of:
- Increased adoption of TREAT
- Rising burn rates
- Growing interest in SHIB derivatives
…paints a bullish recovery case for the Shiba Inu ecosystem’s future growth.
Why TREAT Token Matters
The TREAT token is more than just another addition to the Shiba Inu world. It serves as a foundation for future benefits and integrations within the broader ecosystem, driving long-term commitment and value delivery for its community members.
Stay Updated
Follow ongoing updates as Shiba Inu continues its innovative journey, unveiling more announcements and developments related to the TREAT token.
Also Check:
- DuckChain Confirms Listing Date On MEXC, All Trading Details Revealed
- Official Listing of Money Dogs Token on Bitget: $MDOGS Listing Details
- Nodepay Listing on OKX and $NC Airdrop Details: Everything You Need to Know
- Shiba Inu’s TREAT Token Launch: Airdrop Details for Bitget Users
- Jupiter Crypto’s Jupuary Airdrop 2025: 700M $JUP Tokens Coming Soon