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Reading: Shiba Inu Leader Shytoshi Kusama Announces New Token Launch Plan
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EdaFace Newsfeed > Latest News > Altcoin News > Shiba Inu Leader Shytoshi Kusama Announces New Token Launch Plan
Altcoin News

Shiba Inu Leader Shytoshi Kusama Announces New Token Launch Plan

vitalclick
Last updated: January 5, 2025 3:22 am
3 weeks ago
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Shytoshi Kusama, lead developer of Shiba Inu, has attracted significant market attention by hinting at the imminent launch of the TREAT token. In a recent post on the This development has led market participants to await the launch of the token with great curiosity and increase their optimism about SHIB’s long-term prospects.

Is TREAT Token Launch Soon?

“We need to get the TREAT launch and two extremely important documents to be completed, so I’m stepping away from X for a few days,” Shiba Inu leader Kusama said in an official X post dated Jan. 4. This announcement triggered market optimism for the launch of the TREAT token, and comments emerged that it marked an important turning point for SHIB.

“We have the TREAT launch and two extremely important documents to complete, so I’m stepping away from X for a few days,” – Shytoshi Kusama

Market Reaction and Price Analysis

Kusama’s previous confirmation of the TREAT token launch reinforced expectations that the token would be launched soon. This launch follows the release of SHIB: Metaverse, increasing market optimism about future action. At the same time, continuous SHIB burning has significantly reduced the circulating supply, and top-level performance is expected due to the law of supply and demand.

Token’s 45% Earning Potential

At report time, SHIB price is currently trading at $0.00002426, showing gains of 5% on the day. The 24-hour low and high were $0.00002319 and $0.00002585 respectively. Many analysts predict that the current rally is also influenced by Shytoshi Kusama’s TREAT announcement.

A recent SHIB price analysis by CoinGape revealed that the token is targeting a 45% gain ahead of strong market techniques. The analysis stated that a bullish move would lead the Shiba Inu coin to rise and retest the $0.00003270 resistance. This level corresponds to approximately 45% of the current price.

Market watchers are focused on the SHIB rally following Shytoshi Kusama’s latest announcement regarding the TREAT token launch. On the other hand, the current rally in the broader crypto market, supported by top meme coins, has further strengthened overall sentiment. A leading market expert shared bullish targets for Pepe Coin, SHIB, DOGE, and others, foreshadowing a strong meme coin rally.

Shiba Inu’s TREAT token launch is seen as an important step for the company’s future growth strategy. Market dynamics and current technical indicators indicate that there will be significant price movements following the launch of the token. Investors continue to monitor the market closely with increasing confidence in SHIB’s long-term performance.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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