January 2025 Sees a Surge in Shiba Inu Numbers: How High Will SHIB Rise with the New Ecosystem Token?
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In January 2025, Shiba Inu Coin (SHIB) enters a new chapter, with prices rebounding significantly from December's lows. This rebound is primarily driven by market expectations for the new token TREAT within the SHIB ecosystem, which is believed to further propel SHIB's increase.
SHIB's Rebound Performance
At the end of 2024, SHIB's price performed weakly amid a broader market downturn. On December 29, SHIB traded at $0.00002167, down 2.23% in 24 hours, with monthly charts showing a 20% decline. However, despite the monthly drop, SHIB still achieved a 106% annual increase.
The timing of this decline coincided with the announcement by SHIB ecosystem chief developer Shytoshi Kusama on the X platform regarding the upcoming Web3 game Lap Dogs. While Kusama's announcement brought some anticipation to the community, SHIB's price did not immediately rebound.
Nevertheless, with market changes, SHIB experienced new bullish momentum. In January 2025, SHIB's price increased by 4.6% in the past 24 hours, currently trading at $0.00002459, with a market cap rising to $14.5 billion and a 24-hour trading volume surging by 29% to $685 million.
Launch of the TREAT Token
The launch of the TREAT token has become one of the main driving forces behind SHIB's price increase. Shytoshi Kusama confirmed that the token will debut in January 2025 and stated, "It will be released soon." The TREAT token will be an important addition to the Shiba Inu ecosystem, working alongside existing tokens SHIB, BONE, and LEASH to enhance governance, rewards, and new features within the ecosystem.
The TREAT token will support SHIB Pay, a blockchain-based payment system designed for secure, direct transactions without traditional processors. In addition to serving as a payment tool, the TREAT token will closely integrate with Shiba Inu's decentralized finance (DeFi) strategy, further strengthening the Shiba Inu coin ecosystem.
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