Shiba Inu Confirms Treat Token Launch Date, Denies Stealth Rumors

Amidst the excitement surrounding the upcoming launch of Shiba Inu's TREAT token, the team has dispelled rumors of a "stealth launch." They emphasize the importance of verifying information and cautious research to avoid misinformation and scams.

Shiba Inu Confirms Upcoming Treat Token Launch Date

Zurich, Switzerland - Amidst the anticipation surrounding the upcoming launch of the Shiba Inu ecosystem token, Treat, the Shiba Inu team has unequivocally denied rumors of a stealth launch. The team has emphasized that any information suggesting otherwise is false and misleading.

This announcement comes on the heels of the Shiba Inu team securing a substantial $12 million investment for their latest project, a Fully Homomorphic Encryption (FHE) blockchain powered by the Treat token. Cypher Capital, a prominent venture capital firm, led the investment round, which also included Polygon Ventures, Mechanism Capital, Big Brain Holdings, and Shima Capital.

"We want to emphasize that Treat has not been launched yet," said a Shiba Inu spokesperson. "We are aware of deceptive campaigns circulating that falsely announce its release. It is crucial to conduct thorough research and verify the source of information before engaging in any transactions related to Treat."

The FHE integration is expected to significantly enhance the privacy and security of online interactions within the SHIB ecosystem. FHE is a privacy tool that allows developers to process data on untrusted domains without decrypting it.

According to Shiba Inu, the Treat token will serve as the "utility and governance token" of its new privacy-focused Layer 3 blockchain, which is being built on Shibarium, its Ethereum Layer 2 blockchain.

In addition to the Treat token development, Shiba Inu has announced a partnership with Tangem, a leading crypto hardware wallet provider. This partnership enables users to securely store and manage their SHIB holdings on both the Ethereum and BNB Smart Chain (BSC) networks.

"The integration with Tangem aligns with our commitment to providing our users with the highest levels of security and convenience," said a Tangem spokesperson. "We believe that this partnership will further enhance the accessibility and usability of SHIB."

The Shiba Inu team has advised the community to exercise caution and only rely on official sources for information about the Treat token launch. They have also encouraged users to conduct thorough due diligence before making any investments related to the token.