Shiba Inu will be launching its TREAT token on January 14. This announcement has created a lot of excitement among the SHIB community, and market participants are expecting an increase in SHIB after the token launch.
Shiba Inu’s marketing leader Lucie announced that the token launch will be held in just 8 days. This announcement created great anticipation, especially among SHIB investors and followers. According to the information Lucie shared on the X platform on January 6, the TREAT token will be launched on January 14. This development created significant excitement in the dog-themed meme token ecosystem and created a positive atmosphere among investors.
Earlier this month, Shytoshi Kusama confirmed the launch of the TREAT token. This development is a new step following the launch of SHIB: Metaverse, raising hopes for future projects from the SHIB community.
Shytoshi Kusama also warned the community to be wary of potential scams.
After the Shiba Inu community announced this development, there was an optimistic atmosphere among traders and investors worldwide. The TREAT token is expected to be a revolutionary step for the Shiba Inu ecosystem and therefore, market participants are predicting that the SHIB price will rise.
At the time of reporting, SHIB price was trading at $0.00002409, a slight decrease of 0.22%. The lowest level in the last 24 hours was recorded at $0.00002346, while the highest was recorded at $0.00002424. Despite the fluctuations during the day, market observers remain optimistic about the latest developments and the TREAT token launch.
Despite the price drop, SHIB Futures Open Interest increased by over 3%, according to CoinGlass data, suggesting that investors are still bullish on future price movements.