One of the most prominent meme coins on the market has taken the next step in the evolution of the project. Indeed, Shiba Inu is set to officially launch its TREAT token, with all eyes on what it means for SHIB. Specifically, can it push the altcoin above the $0.00004 mark?
In a post to X (formerly Twitter), Shiba Inu announced that the TREAT reward token was officially live. They also noted that traders could currently purchase the asset across its various centralized exchange partnerships. With the highly anticipated asset going live, it should be set to have a notable impact on SHIB’s price this month.
$TREAT is officially LIVE!
Buy it now on our CEX partners!
Stay SAFE! 🛡️
Beware of scam links and tokens mimic or replicate $TREAT.Double-check with https://t.co/5knaVPWmJV and our official brand channels for verification. pic.twitter.com/T26aKgOVVB
— Shib | TreatYourself Season (@Shibtoken) January 14, 2025
Also Read: How High Will Shiba Inu (SHIB) Surge In January 2025?
Shiba Inu Launches TREAT: Can SHIB Get a January 2025 Surge?
There are few projects in the cryptocurrency market that can boast the kind of passionate community that Shiba Inu can. The project has long been propelled by the SHIBArmy. Now it is set to take a major step forward. Moreover, it could change everything for the second-largest meme coin by market cap.
Shiba Inu has officially launched the TREAT token on centralized exchanges as SHIB looks to target the $0.00004 mark. Specifically, trading for TREAT took place on Bitget, KuCoin, and Gate.io, with the token’s listing on the platform announced last week. The launch has already seen SHIB bounce back.
Also Read: Shiba Inu: You Could Have Made $1 Billion With $10,000 In SHIB
Shiba Inu is up more than 4.5% in the last 24 hours, according to CoinMarketCap. Moreover, that price activity is a rebound from its 23% drop over the last 30 days. Additionally, this has taken place amid SHIB outflows from whale holders surging 475% in the last day, according to IntoTheBlock.
The launch of TREAT should be poised to have a significant effect on the price, according to one platform. Specifically, crypto price prediction experts at CoinCodex predict that January development will push SHIB up 116% by the end of the month.
That would mean that SHIB would reach a maximum price of $0.000046 by the end of the month. Additionally, they project that its average price for January will settle firmly above the $0.000025 mark.
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