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Cryptocurrency News Articles

CoinW Lists Shiba Inu Treat (TREAT), a Meme Coin, on Meme Zone

Jan 15, 2025 at 11:06 pm

CoinW, the world's pioneering cryptocurrency trading platform, will list Shiba Inu Treat (TREAT), a Meme coin, on Meme, Zone.

CoinW Lists Shiba Inu Treat (TREAT), a Meme Coin, on Meme Zone

CoinW, the world's leading cryptocurrency trading platform, has announced the listing of Shiba Inu Treat (TREAT), a meme coin, on Meme Zone. The TREAT/USDT trading pair will be available to all CoinW users on January 14th, 2025, at 11:00 (UTC).

In celebration of the TREAT listing, CoinW will be hosting a “TREAT Bounty Program” event with a reward pool of 10,000 USDT. To participate in the event and claim rewards, please click here.

Expanding the Shiba Inu Ecosystem with TREAT

TREAT is the latest addition to the Shiba Inu ecosystem, a meme coin family that has grown to include several tokens and a vast community. Designed to merge utility and governance, TREAT is intended to propel the ecosystem toward full decentralization.

As the final governance token within the SHIB ecosystem, TREAT plays a pivotal role in supporting the Layer 3 blockchain infrastructure and powering the SHIB Pay system. According to Shiba Inu's core developer Shytoshi Kusama, TREAT enhances privacy protection, facilitates seamless on-chain payments, and introduces innovative reward mechanisms through advanced interactive features—all essential components of the Shiba Inu vision.

Key Utilities and Tokenomics of TREAT

TREAT distinguishes itself with a versatile range of utilities:

It serves as a trading reward on the SHIB ecosystem's decentralized exchange (ShibaSwap), offering incentives for users who hold and trade TREAT.

The token is designed to integrate with over 30 advanced technologies that form the operating system of ShibaNet. These innovations include DeFi advancements, decentralized incubators, AI agent frameworks, fully homomorphic encryption, and immersive elements within the Shiba Inu metaverse.

TREAT is used to govern the SHIB ecosystem, enabling holders to participate in decision-making processes and shape the future direction of the project.

With a total supply of 10 billion TREAT, the current circulating supply stands at 1.81 billion tokens. The tokenomics are designed for long-term ecosystem growth, allocating 20% to the team and advisors (with a 36-month release schedule), 32% for ecosystem expansion, and 30% dedicated to community incentives to drive user engagement.

Backed by Global Investors and a Thriving Community

TREAT's innovative design has captured significant interest from both the crypto community and institutional investors. In April 2024, the Shiba Inu team raised $12 million in a private token sale, with contributions from renowned venture capitals such as Mechanism Capital, Animoca Brands, Shima Capital, Polygon Ventures, and Foresight Ventures. These funds are earmarked for accelerating Layer 3 blockchain development and ecosystem scaling.

The TREAT community continues to grow rapidly, boasting over 25,000 followers actively engaging across social channels. To keep the community informed, Shytoshi Kusama has outlined plans to share annual updates through podcasts and detailed reports, reinforcing transparency and aligning with the project’s long-term vision.

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Other articles published on Jan 16, 2025