Shiba Inu Community Warns of Misinformation Regarding TREAT Token Release

The Shiba Inu community is on high alert due to misinformation regarding the release of the TREAT token. Shibarmy Scam Alerts warns that the token has not been officially launched, advising caution and avoiding unauthorized TREAT-related transactions. Despite securing $12 million for its FHE blockchain, the community is reminded to disregard any claims of the TREAT token's release until an official announcement is made by the SHIB team.

Shiba Inu Community Cautioned Amid Misinformation on TREAT Token Release

The Shiba Inu community has been placed on high alert following the proliferation of inaccurate information regarding the impending launch of the TREAT token. Shibarmy Scam Alerts, a reputable source dedicated to exposing scams within the Shiba Inu ecosystem, has issued an urgent warning emphasizing that the token has not yet been officially released.

According to Shibarmy Scam Alerts, the SHIB development team has not authorized any such release. As a result, the community is strongly advised to exercise extreme caution and refrain from engaging in any transactions or investments involving TREAT until its official launch is confirmed through legitimate sources. This precaution is crucial to safeguard assets and prioritize financial security.

Amidst this ongoing situation, it is important to note that Shiba Inu recently secured $12 million in funding from strategic venture capital partners led by Cypher Capital. This investment is intended to support the launch of Shiba Inu's next-generation Fully Homomorphic Encryption (FHE) blockchain, which will utilize the TREAT token as its primary utility token.

FHE technology, which enables computations on encrypted data, holds immense promise for enhancing privacy and trust within the cryptocurrency industry. However, it is essential to acknowledge the inherent risks associated with the TREAT token, which prompted the issuance of the urgent alert.

The Shiba Inu community is unequivocally urged to disregard any claims or assertions suggesting that the TREAT token has been released, as these are unfounded and have not originated from the SHIB development team. To obtain accurate and reliable information concerning the TREAT launch, it is imperative to refer exclusively to official announcements and communications.

In other noteworthy developments within the ecosystem, the decentralized exchange ShibaSwap has successfully completed its migration from Ethereum to Shibarium, a significant milestone in its ongoing evolution. This transition is anticipated to pave the way for novel innovations and expanded functionalities for ShibaSwap within the Shibarium blockchain environment.

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