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- KuCoin, Bitget, and Gate.io have announced TREAT/USDT trading pairs starting January 14, 2025.
- Bitget offers an 87.45 million TREAT airdrop, while KuCoin initiates token farming to boost engagement.
- Shiba Inu coin price shows signs of recovery, supported by increased money inflow, MACD growth, and 200-EMA support.
On New Year’s Eve, Shytoshi Kusama presented the Shiba Inu coin’s ambitious vision for its ecosystem on the official website. He said that moving past its origins as a meme coin, the project now operates on a four-token structure.
This approach minimizes risks by distributing governance across SHIB, LEASH, BONE, and the soon-to-launch TREAT token. Building on this momentum, prominent crypto exchanges KuCoin, Bitget, and Gate.io have announced the listing of TREAT.
Each platform will pair the token with Tether (USDT). They will be providing immediate liquidity and accessibility for traders. Moreover, The TREAT token is expected to play a pivotal role in the Shiba Inu coin ecosystem.
Shytoshi Kusama’s reaction to TREAT’s listing signaled the team’s confidence. This indicated that it has the potential to be a catalyst for the growth of the Shiba Inu coin price.
As excitement builds, analysts anticipate that TREAT’s introduction could enhance utility within the ecosystem. It could attract new users and drive adoption. The listings by major exchanges mark a significant step in the token’s journey.
This step could amplify the Shiba Inu coin reach. Furthermore, it could reinforce its position in Price prospects.
Shiba Inu’s TREAT Gains Backing From Major Crypto Exchange
Shytoshi Kusama recently took to X to announce key developments for the Shiba Inu coin community. He revealed that several cryptocurrency exchanges, like Bitget, Gate.io, and KuCoin, would serve as launch partners for the upcoming TREAT token.
According to KuCoin, the TREAT/USDT pair will be available for trading, with deposits already open. However, trading itself is set to begin on January 14, 2025.
What makes this even more significant is that the trading schedule aligns with the official launch of TREAT. Users can deposit TREAT into their accounts on KuCoin, Gate.io, and Bitget via the Ethereum network.
Additionally, TREAT withdrawals will be available starting January 15. Each exchange would provide specific timeframes for smooth integration into the market. This marked a critical step forward in the token’s rollout, signaling a new chapter for the Shiba Inu coin ecosystem.
TREAT Plays A Significant Role in the Shiba Inu Ecosystem
The Shiba Inu coin’s ecosystem is gearing up for a transformative leap with the introduction of its TREAT token. This new token isn’t just another release in the lineup. Instead, it is a carefully planned step aimed at unlocking innovative potential.
By offering access to advanced features, TREAT seeks to solidify the decentralized foundation of the Shiba Inu coin. It aims to push it beyond the confines of its “memecoin” reputation.
Central to TREAT’s purpose is its role in WOOF Wars. It is known for its upgraded yield farming initiative tailored to enhance user profitability.
Recently, Shytoshi Kusama emphasized in a podcast that the Trust token can potentially rebuild trust. This could reignite excitement within the ecosystem.
Moreover, TREAT’s impact doesn’t stop there. As the primary token powering Shiba Inu’s Layer-3 advancements, it will support the development of cutting-edge technologies like FHE.
Bitget’s Airdrop Details For TREAT
In celebration of TREAT’s upcoming listing, Bitget has unveiled a generous distribution plan for its users. The exchange is offering 87.45 million TREAT tokens. Bitget users must lock BGB or USDT into designated campaign pools to qualify for a share.
The campaign runs from January 14, 2025, 11:00 UTC, to January 17, 2025, 12:00 UTC. Users who lock BGB during this period will be eligible to claim a portion of 79.5 million TREAT tokens. In contrast, those staking USDT can claim from a pool of 7.95 million TREAT.
In a similar move, KuCoin has launched a farming program for TREAT. This would allow its users to start farming tokens before the full release. These initiatives from both exchanges are set to drive up activity and ensure significant trading volumes once TREAT hits the market.
Potential Impact Of Treat Token Buzz On Shiba Inu Price Rise
Shiba Inu coin is set to capitalize on the launch of TREAT. This launch will unlock new features like SHIB Pay, an on-chain payment system. This innovation aims to spark a new wave of crypto-based commerce and boost the overall utility of Shiba Inu coin, potentially driving up its value.
TREAT’s introduction could offer Shiba Inu coin tangible real-world benefits by increasing user engagement and offering rewards. This shift in user interaction could elevate the token’s standing within the broader crypto ecosystem.
As of the latest data, the Shiba Inu coin price stood at $0.00002193. This reflected a 1.67% increase in the past 24 hours. The TREAT token’s buzz has also fueled some price momentum for SHIB.
While there was a dip after the initial surge in early January, the recent SHIB news has provided support. The SHIB price found a level at the 200-EMA band and showed signs of recovery.
The ongoing recovery is closely watched, with the MACD and AO histogram reflecting increasing optimism. Moreover, money inflow has risen, surpassing the zero line at 0.10. However, the RSI remains at 44.13, signaling a lack of significant momentum.
Disclaimer
In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.
