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- Shiba Inu ecosystem is anticipating the launch of TREAT later this month.
- The token will introduce new enhancements that can help push the SHIB’s price.
The Shiba Inu (SHIB) memecoin began a new chapter in January 2025, with a notable price increase from its December lows. The latest surge in the SHIB memecoin comes amid expectations of the ecosystem’s new token, TREAT, this month.
Community members anticipate that the TREAT token launch will cause more uptrends for SHIB’s price.
SHIB’s Rebound Journey
Indeed, SHIB has demonstrated a stellar performance with its recent price surge, considering its declining prices in December. SHIB’s performance at the end of 2024 mirrored a downtrend in the broader market.
Most digital assets in the industry ended the year in the red zone. Bitcoin (BTC), the world’s largest crypto, slipped below its $100,000 mark. SHIB and other coins also suffered during this time.
On December 29, SHIB traded at $0.00002167, following a 24-hour drop of 2.23%. SHIB also slipped on the monthly chart, dropping prices by 20%. However, the memecoin’s monthly gains remained at 106%.
The drop in the SHIB memecoin coincided with an announcement from the ecosystem’s Lead developer, Shytoshi Kusama. Taking to the X platform, Kusama highlighted the upcoming release of the Lap Dogs game. The lead developer described the game as another victory for the Web3 gaming industry.
Despite the announcement from Kusama, the SHIB token failed to recover from its downtrend. The story is quite different for SHIB today as the memecoin is riding on a bullish rally.
Within the last 24 hours, SHIB has increased by 4.6%, setting the price at $0.00002459. The market cap also increased to $14.5 billion, while the 24-hour trading volume surged 29% to $685 million.
TREAT Token to Debut in January 2025
The ongoing surge in SHIB’s price comes amid expectations of the launch of the TREAT token in January 2025. TREAT is Shiba Inu’s final ecosystem token to complement existing tokens SHIB, BONE, and LEASH.
Shytoshi Kusama confirmed the TREAT token launch in an X post, stating, “SOON.”
The new token is designed to play a vital role in governance, rewards, and new functionalities within the Shiba Inu ecosystem. Additionally, TREAT will power SHIB Pay, a blockchain-based payment system that offers secure, direct transactions without traditional processors.
Per a CNF report, the TREAT token integrates into the Shiba Inu framework and Decentralized Finance (DeFi) at large. Kusama pointed out that TREAT is a constituent that determines the optimization of fully homomorphic encryption (FHE).
Overall, the Shiba Inu ecosystem seems ready to redefine its place in the crypto landscape with the launch of the new token. The SHIB Army believes the token launch to have a ripple effect on SHIB’s price
Market data provider CoinCodex has earlier predicted that SHIB will trade in a channel between $0.00001782 and $0.00009306 in 2025. Thus, CoinCodex projected an average yearly price of $0.00003609 and a maximum price of $0.00004582 for SHIB in January.