The Shiba Inu community recently revealed the TREAT token launch date, boosting market optimism for future developments.
On Monday, the Shiba Inu community confirmed the TREAT token launch date, generating significant market buzz throughout the broader crypto sector. Lucie, the marketing lead for the coin, recently disclosed that the token launch is scheduled to occur eight days in advance. Subsequently, market participants are currently exceedingly optimistic regarding SHIB’s forthcoming performance.
The Shiba Inu community has disclosed the TREAT Token launch date
As the week commences, the Shiba Inu community has experienced a substantial amount of excitement, particularly due to prominent community members’ recent announcement of the TREAT token launch date. As of January 6, Lucie’s X post indicates that the token launch is scheduled for January 14. The ecosystem of the renowned dog-themed meme token has been the subject of notable market optimism due to this statement.
The TREAT token launch this month was previously confirmed by Shytoshi Kusama, as reported by CoinGape. This is particularly noteworthy. The recently announced launch of ‘SHIB: The Metaverse’ has infused the leading dog-themed token with optimism.
Nevertheless, Kusama cautioned against potential scams in anticipation of the forthcoming launch. In general, the community members have disclosed the launch date, which has generated significant optimism among traders and investors worldwide. The upcoming token is widely anticipated to be a groundbreaking initiative for the Shiba Inu ecosystem. Consequently, market participants are also optimistic, predicting that the price of SHIB will increase.
What is the future of SHIB?
The price of SHIB was $0.00002409 at the time of reporting, a marginal decrease of 0.22%. The 24-hour low and high were 0.00002346 and $0.00002424, respectively. Despite recent developments and the TREAT token launch, market observers remain optimistic about future movements despite the volatile intraday movement. CoinGlass data indicated that SHIB Futures Open Interest increased by over 3% today despite the price decline. Particularly noteworthy.
Concurrently, a recent analysis of the Shiba Inu coin price by CoinGape indicated that the coin anticipates an extended period of consolidation. This uncertain prediction is made in the context of recent market technicals and whale movements.
Nevertheless, traders and investors are closely monitoring the coin in anticipation of potential price fluctuations in light of recent ecosystem developments. Furthermore, the recent shift in emphasis toward the top meme coins has intensified rumours of a possible future rally.
