Shiba Inu Executive Clarifies TREAT Token Launch Status

As a seasoned crypto investor, I’ve learned the hard way to always double-check my sources before acting on any information. The recent confusion surrounding the launch of TREAT, Shiba Inu’s new token, is a prime example of why this is essential. Lucie, Shiba Inu’s marketing lead, clarified that the token has not been officially released yet. I appreciate her efforts to dispel rumors and ensure the community relies on verified updates.

As a crypto investor, I’ve been following the news about Shiba Inu‘s new token, TREAT. Excited as I was, I came across conflicting reports regarding its launch. However, I can confirm from Lucie’s recent post on social media platform X that the TREAT token has not been officially released yet.

🚨 @treatsforShib, aka $TREAT from , has NOT been released yet.I’ve noticed some confused journalists posting that it was released in 2023.NO, IT WASN’T.ALWAYS VERIFY ON THE MAIN WEBSITE OR DISCORD.— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO (@LucieSHIB) May 3, 2024

The intent behind this statement was to quell rumors and encourage the community to rely solely on trustworthy sources for information.

As a crypto investor following the Shiba Inu ecosystem closely, I’ve come across some confusion regarding TREAT’s launch. This was a topic of great interest in the recent edition of “The Shib,” Shiba Inu’s official magazine. In this publication, we delved into several upcoming projects within our community, including the highly anticipated Layer-3 blockchain collaboration between Shiba Inu and Zama.

Shiba Inu’s L3 Blockchain and TREAT’s Role

The latest addition to the Shiba Inu blockchain is designed to boost scalability and accommodate intricate applications. This advancement is a component of our continuous endeavor to widen the functionalities of the Shiba Inu ecosystem, encompassing the Shibarium network.

In the given ecosystem, TREAT is anticipated to assume a pivotal position, functioning as both a governance and utility token akin to BONE, which presently operates within Shibarium.

A few weeks ago, the Shiba Inu development team successfully secured $12 million in funding for enhancing their new Layer-3 blockchain. This investment round drew significant participation from prominent figures in the crypto sphere and venture capital firms, indicating their confidence in Shiba Inu’s strategic direction.

Recent Developments 

Recent announcements from the Shiba Inu team provide clarity on the launch of the TREAT token, while also showcasing advancements in their blockchain technologies. Notably, the Shibarium network has undergone significant improvements through the Bor and Heimdall hard forks.

Based on the team’s consistent work on creating a privacy-centric Layer-3 blockchain, it seems likely that the launch will take place relatively soon rather than at a later date. The specific rollout timeline has yet to be revealed.

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2024-05-04 21:40