Shiba Inu started as a meme coin and evolved into a community-driven platform that facilitates decentralized applications and services that enable individuals to interact, transact, and create a new global economy without the hassles of a central authority. The platform is home to many crypto tokens, the Shiba Inu meme coin being the most popular. The new add on the platform, TREAT Token is currently ongoing presale and is announced to be launched by January 14, continue reading the article to learn more about the promising token.
What is a TREAT Token?
TREAT is the new token in the Shiba Inu ecosystem, utilizing advancements in Web3 to reshape digital interactions by integrating cutting-edge blockchain technology with the platform’s strong and active community. The token serves the purpose of utility as well as governance. In addition, it enables liquidity to $SHIB stablecoin and acts as a reward token replacing $BONE (other crypto tokens of the Shiba Inu ecosystem) and also provides rewards for the Metaverse version of the Shiba Collectible Card Game.
Key Features of TREAT
1. Innovative Interaction
Treat token aims to transform how users interact with the blockchain. It enables interconnection during transactions and exploring virtual spaces.
2. Rewards
By integrating a yield farming mechanism called ‘WOOF Wars: Farming 2.0’, the TREAT token enables users to maximize their earnings. The users can increase their liquidity rewards through gauge voting by utilizing vote escrowed TREAT. Combining governance with financial incentives, the TREAT token guarantees strong ecosystem participation.
3. Governance
The TREAT acts as a governance token enabling holders to participate in the decision-making process of the Shiba Inu ecosystem including liquidity allocation, strategic investment decisions, etc. The staking of the TREAT facilitates voting, fostering a strong decentralized community.
4. Trustless Payments
By utilizing SHIB Pay, the TREAT token facilitates direct and trustless payments. Integrating with the decentralized blockchain technology, TREAT provides transparent, secure, and efficient transactions irrespective of easy daily transactions or complex business trades.
TREAT Tokenomics
The TREAT token has a total supply of $3.33 billion and all of them are reported as circulating. It has a market cap of $5.48 million and a market volume of 137.27K at the time of writing. The coin is ongoing its presale and trading at a price of $0.001536 at the time of writing. The token has an all-time high price of $0.002432 and an all-time low of $0.0000005319.
The token distribution of TREAT is as follows,
| Allocated Area | Allocated Percentage | Allocated Number |
| Ecosystem growth | 32% | 3,200,000,000 |
| Community and launch | 30% | 3,000,000,000 |
| Protocol development | 20% | 2,000,000,000 |
| Protocol sales | 14% | 1,400,000,000 |
| Foundation treasury | 4% | 400,000,000 |
TREAT Token Launch and Major Listing
Shiba Inu’s new and promising token, TREAT is announced to launch by January 14, 2025, bringing innovations in digital transactions. The token will serve as the utility and governance token of the Shiba Inu ecosystem. Industry analysts and experts forecast a strong potential for the token, creating a buying pressure and a rally within the meme coin market.
Bitget, a leading exchange platform announced the listing of the TREAT token on their exchange, enabling a trade from 14 January and a withdrawal by January 15. The platform provides eligible users an opportunity to lock BGB and USDT to share 87,450,000 TREAT. The Shiba Inu team has announced an airdrop for the TREAT token and the Bitget users are offered additional rewards from airdrops.
With the high traction of investors in the presale and the significant growth potential, Kucoin, one of the popular exchanges has announced the listing of the TREAT. The listing announcement has created a huge buzz in the crypto industry, boosting the liquidity and visibility of the token. As per sources, the deposit is open now and the trading will begin at 11:00 UTC on January 14 withdrawal will be available from 15 January 2025.
How to Buy TREAT?
Only one day is left for the launch of the much anticipated and final key to Shiba Inu’s decentralized ecosystem, TREAT, and many are searching for how to buy them. Below we provide a step-by-step guide on how to buy the token. Remember, the coin is currently listed only on Bitget and Kucoin.
1. Create an Account on The Exchange
By filling in the necessary information, create an account in the exchange platform that supports the TREAT token.
2. Verify the Account
It is important to verify the account for processing transactions. Fill in the KYC documents by submitting the identity proof to get your account verified.
3. Choose a Funding Option
Choose a suitable payment method like credit/debit card, bank transfer, or P2P trading to fund your account for buying the TREAT token.
4. Buy a TREAT Token
Choose the TREAT token and enter the number of tokens you wish to buy. Preview the entered details and confirm the buy.
Final Thoughts
With only one day left for the launch, the TREAT token is expected to launch new functionalities and capabilities to enhance the growth of the Shiba Inu ecosystem. The token aims to play a significant role in transforming the Shiba Inu network from a mere meme coin platform to a wide digital landscape. Apart from TREAT and SHIB, BONE and LEASH are also part of the Shiba Inu ecosystem.
