Shiba Inu Lead Shytoshi Kusama Confirms TREAT Launch Ahead, What’s Next?

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As a seasoned crypto investor with a knack for spotting potential gems, I must admit that the recent announcements surrounding Shiba Inu have me intrigued and optimistic. The confirmation of the TREAT token launch by Shytoshi Kusama, coupled with the rollout of ‘SHIB: The Metaverse’, has certainly stirred up a storm in the crypto world.

Once more, Shytoshi Kusama, the main developer of Shiba Inu, has generated industry-wide buzz with his latest announcement about the upcoming TREAT token launch. On Friday, Kusama posted on X, hinting at an imminent token release, which ignited significant market conversations as the meme coin has seen remarkable progress in recent days. Notably, Kusama’s confirmation of a token launch after the recent introduction of ‘SHIB: The Metaverse’ has sparked increased investor interest in the dog-themed cryptocurrency based on Shiba Inu.

Shiba Inu Lead Confirms TREAT Token Launch Ahead Sparking Market Optimism

According to a recent post by Shytoshi Kusama on December 27, the main developer announced that it’s now appropriate to discuss TREAT, our future state and the projects they’ve been working on for the past few years. This announcement sparked interest as it coincided with the launch of ‘SHIB: The Metaverse,’ a new development in the coin’s community.

Significantly, Kusama mentioned, “With the Metaverse gaining traction,” it’s high time we discuss the imminent launch of the coin within the Shiba Inu community, TREAT.

Previously, CoinGape Media shared news about Shytoshi Kusama mentioning “More TREATS are coming” for the Shiba Inu community. This statement has fueled expectations of the upcoming TREAT token release. Essentially, the Shiba Inu community is excitedly looking forward to this launch since it could significantly enhance SHIB’s economic structure.

How Is SHIB Performing?

Currently, the SHIB price has experienced a slight dip of 0.15%, now sitting at approximately $0.0000215. Throughout the day, its lowest and highest points were marked at $0.0000213 and $0.00002235 respectively. Despite the token’s volatile movements, market analysts are hopeful for future growth due to recent community advancements, with the Shiba Inu movement garnering attention.

At the same time, a recent analysis has indicated that SHIB aims for a projected price of $0.00008, given its robust bullish market indicators. Market analyst Javon Marks emphasized this target, suggesting a potential increase of more than 3.33 times, equating to over 234% growth for Shiba Inu.

Yet, despite this, the data from Coinglass indicates a decrease of 4% in the coin’s futures Open Interest (OI), which mirrors the current market trend advising investors to proceed with care.

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2024-12-27 20:25