The Shiba Inu community celebrated a notable milestone for one of the new tokens recently added to the Shiba Inu ecosystem.
On Saturday, January 17th, Shiba Inu team member Lucie sparked a community-wide discussion about X. reveal TREAT token celebrates its 1st anniversary today.
The post highlighted ecosystem growth and development while promoting Shibarium adoption, and sparked excitement among community members.
TREAT use case description
Beyond being a meme token like SHIB itself, handle was launched as a utility and governance token to support ecosystem growth and technical capabilities.
The token, which has been making waves since its introduction, was built on Shibarium, Shiba Inu’s Ethereum Layer-2 solution. This network focuses on enhancing privacy, protection, and security while ensuring compliance.
By its design, TREAT is intended to serve as a utility token for the Shiba Inu ecosystem and support rewards, payments, and decision-making on the Shibarium network.
TREAT is designed to serve multiple purposes, allowing owners to vote on important decisions that affect the Shiba Inu ecosystem.
The launch of the TREAT token about a year ago signaled further development for the token. Shiba Inu The ecosystem’s one-year anniversary highlights a year of successful implementations as the ecosystem continues to grow.
Today’s price of TREAT
Despite achieving a major milestone today, TREAT is trading in the red region, indicating a notable price decline from the previous day.
This follows a broader market trend that has remained negative for the past few days. Notably, TREAT is trading at $0.0001646 after falling about 5.31% from the previous day.
