The launch date of the TREAT token, announced by the Shiba Inu community recently, has created a great deal of excitement in the market about what is to come next.
Shiba Inu Community on Monday made waves within a wider cryptocurrency industry after it confirmed its TREAT token launch date. Notably, Lucie who heads up marketing for the coin recently gave an insider
About when exactly this token will be unveiled thus far only 8 days to go. Consequently, many traders are now so much interested about how SHIB will perform in the upcoming week.
Shiba Inu Community Reveals TREAT Token’s Launch Date
This week started with a lot of excitement in the Shiba Inu community, mostly because of the TREAT token launch date being mentioned by well-known members of the community.
Lucie, in a post on X as at January 6, stated that the upcoming token launch is scheduled for January 14. This declaration has sparked remarkable market optimism over the famous dog-themed meme token ecosystem.
CoinGape reports that Shytoshi Kusama had previously announced that this month would see the launching of TREAT tokens.
Additionally, this imminent event followed the recent ‘SHIB: The Metaverse’ introduction leading to more positivity around efforts by dominating dog-themed tokens such as SHIB.
However, Kusama warns about potential scams regarding this forthcoming launch. The whole community members have made public announcement on its release date hence creating massive hope globally among traders and investors.
Also, it is also highly anticipated as a groundbreaking move for Shiba Inu ecosystem with respect to their upcoming coin. Consequently stock market participants are still bullish hoping to make some money through SHIB trading.
What Does The Future Hold For SHIB?
At the time of this report, SHIB price was trading at $0.00002409, which was slightly lower by 0.22%. It had a 24-hour low of 0.00002346 and a high of $0.00002424.
Despite volatile intraday moves, recent developments, and TREAT token launch, market observers are confident that future movements will be realized in the days ahead.
However, despite its weak price performance today, CoinGlass data showed that SHIB Futures Open Interest increased over 3%.
Additionally, according to recent Shiba Inu coin price analysis from CoinGape reveals that the coin is looking like it could go into an extended consolidation phase ahead.
This uncertain prediction comes amid the backdrop of recent market technicals and whale movements.
Despite this fall in prices lots of traders just like investors are looking out for further price action shifts across the ecosystem as well as possible mass adoption trends with regards to meme coins; not only for Shiba Inu but also other similar projects.
Also, there has been a growing focus on top meme coins lately which has fueled speculations about an impending rally happening soon.
