Shiba

Token

K9 Finance

Shiba Inu

Status

Lucie, Shiba Inu’s marketing lead, recently addressed the confusion surrounding the launch of their new token, TREAT. Despite circulating reports claiming its release, Lucie confirmed via a post on X that the TREAT token has not yet been officially launched. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 🚨 <a href="https://twitter.com/treatsforShib?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@treatsforShib</a>, aka <a href="https://twitter.com/search?q=%24TREAT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$TREAT</a> from <a href="https://t.co/qFr258naCo" target="_blank">https://t.co/qFr258naCo</a>, has NOT been released yet. I've noticed some confused journalists posting that it was released in 2023. NO, IT WASN'T. ALWAYS VERIFY ON THE MAIN WEBSITE OR DISCORD.— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO (@LucieSHIB) <a href="https://twitter.com/LucieSHIB/status/1786451650124685702?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">May 3, 2024</a>
 </blockquote> 
 </div>
</figure> 
This statement was aimed at dispelling rumors and ensuring the community relies only on verified updates. 
The misinformation about TREAT’s launch was notably discussed in the latest issue of ‘The Shib,’ Shiba Inu’s dedicated magazine. This publication explored various upcoming projects within the Shiba Inu ecosystem, including the much-anticipated Layer-3 blockchain, developed in collaboration with Zama. 
Shiba Inu’s L3 Blockchain and TREAT’s Role 
The new blockchain aims to enhance scalability and support for complex applications within the Shiba Inu network. This development is part of an ongoing effort to expand the utility of the Shiba Inu ecosystem, which includes the Shibarium network.&nbsp; 
TREAT is expected to play a crucial role in this ecosystem, serving as a governance and utility token similar to BONE, which is currently used on Shibarium. 
Shiba Inu developer team raised $12 million a couple of weeks ago to further <a href="https://www.cryptotimes.io/2024/04/22/shiba-inu-launches-12-million-funding-round-for-new-blockchain/" target="_blank" rel="noreferrer noopener">develop</a> this new Layer-3 blockchain. The round witnessed high levels of contributions from key crypto stakeholders and venture capital firms, signaling their support for Shiba Inu’s strategic path. 
Recent Developments&nbsp; 
In addition to clarifying the TREAT token’s launch status, recent updates from the Shiba Inu team have highlighted progress in their blockchain technologies. The Shibarium network, for example, has completed important upgrades through the Bor and Heimdall hard forks.&nbsp; 
The exact timeline has not been disclosed, but the team’s continuous efforts in developing their privacy-focused Layer-3 blockchain suggest that the launch could occur sooner rather than later. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Read Also: <a href="https://www.cryptotimes.io/2024/05/01/k9-finance-unveils-mobile-staking-app-bone-crusher-for-shiba-inu-ecosystem/" target="_blank" rel="noreferrer noopener">K9 Finance Unveils Mobile Staking App ‘Bone Crusher’ for Shiba Inu Ecosystem</a> 
</blockquote>

Shiba Inu Executive Clarifies TREAT Token Launch Status

The Crypto Times

Ďalšie články zverejnené 4. 5. 2024

Dogecoin (DOGE) Anticipates Breakout for Potential 80% Run, FLOKI to Follow: Watch These Memecoin...

South Korea’s economy battles shrinkflation

BTC-e exec pleads guilty to +$9 billion money laundering charges

Vodafone Integrates Cryptocurrency Wallets with SIM Cards

Opening of $4.7 Trillion Gateway Sparks New Opportunities for Cryptocurrencies: Key Coins and Sym...

Ripple CEO Brad Garlinghouse defends Ethereum against SEC scrutiny

Pripojte sa k nášmu bezplatnému bulletinu a získajte denné aktualizácie kryptomien!