The Shiba Inu (SHIB) ecosystem is a frequent headline-maker. The prominent meme coin network, despite being fairly new to the market, has managed to garner immense attention. This is not because of its price alone. SHIB has time and again made news of its rising utility. From restaurants to the decentralized finance (DeFi) space, Shiba Inu has dipped its toes into every stream. Further pushing its efforts to boost the utility of the network, the developers of SHIB have made a notable announcement.
Besides buying, selling, and holding Shiba Inu, the meme cryptocurrency has several other use cases. For instance, SHIB holders can use the asset to purchase NFTs, stake to earn, and payment options at many establishments across the globe, among other things. The latest addition to the network will be another feather in its hat.
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Shiba Inu Team Announces the Launch of a New Project
The Shiba Inu network started in 2025 with a bang. The developers behind Shiba Inu surprised the market with the announcement of the much-awaited TREAT token. This brand-new token is expected to hit the market on January 14, 2025. The team said,
“The new year begins with TREAT! Wait is OVER, TREAT is launching this January. Let’s kick off 2025 with a bang!”
By combining incentives, governance, security, and spending into a unified framework with the goal of creating a lively and involved community, TREAT is an access token that opens up the network state operating system’s more sophisticated features. To put it briefly, Shiba Inu’s lengthy journey from a meme coin to an ambitious blockchain project has culminated in TREAT.
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Here’s What Shytoshi Kusama Thinks About This New Project
The lead developed of the Shiba Inu network, Shytoshi Kusama, recently appeared in a podcast and spoke bout TREAT. Kusama gave insights about the overall SHIB ecosystem in a podcast called “Meme Mania and the 36 Chambers of Tech.”
According to the developer, each token in the network has a specific function. Looking at TREAT, the token promotes innovation and marketing. Meanwhile, LEASH handles legal issues, BONE supervises technology, and SHIB administers the community.
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