Shiba Inu’s TREAT Gains Backing From Major Crypto Exchange: Details Inside
TL;DR
- TREAT, Shiba Inu’s reward token, goes live next week, with KuCoin promising to list it on its platform.
- The SHIB community is warned that scammers target victims with fake offers involving the upcoming meme coin.
The First to Add TREAT
The Shiba Inu-related meme coin TREAT will go live on January 14. It is designed to be the reward token within the ecosystem and provide liquidity for the upcoming SHI stablecoin.
TREAT’s launch sparked huge enthusiasm across the SHIB community. One person who commented on the effort was Shiba Inu’s lead developer, Shytoshi Kusama:
“Our capstone and key to full and perpetual decentralization. Stay tuned for this epic launch, and remember to listen to my podcast to fully understand why TREAT is vital to our success.”
Not long ago, Kusama revealed their intentions to launch a podcast in 2025. It will consist of 44 episodes and focus on various aspects of Shiba Inu’s ecosystem each day of the week. According to their announcement, Tuesdays will be dedicated to TREAT.
Currently, traders can find the meme coin on certain decentralized exchanges. KuCoin, for its part, became the first centralized platform to announce support for the coin. The company will list the trading pair TREAT/USDT on January 14.
The Seychelles-based KuCoin is among the top 10 biggest cryptocurrency exchanges. It will be interesting to see whether other leading companies, including Binance and Coinbase, will follow suit soon.
Be Careful With TREAT
The excitement surrounding the pending development, combined with Shiba Inu’s vast community base, could explain why scammers have used the meme coin as bait to con unsuspecting victims.
Not long ago, Shibarium Trustwatch (an X account that aims to provide security) warned people to stay away from dubious individuals who offer TREAT services.
“They are now using SHIB socials linked to their FAKE TREAT. Please don’t be misled by these predatory scammers. They can be called vultures, circling and looking for their next feed. We ask with heaven on our side, please do not fall for these scams.
Be clear: the TREAT launch is scheduled for the 14th of January 2025, not before. If you are unsure about anything at any time, check with us first. Stay safe, SHIBARMY,” the alert reads.
It is important to note that fraudsters might continue to target the community even after the meme coin goes live. This means that users should always stay vigilant, trust only information from official channels, and not engage with dubious individuals who offer attractive opportunities involving TREAT or any other tokens part of the Shiba Inu ecosystem.
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