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Shiba Inu Lead Shytoshi Kusama Reveals TREAT Token Launch Plan

Shiba Inu lead developer Shytoshi Kusama recently shared TREAT token launch plans, sparking optimism over the future potential of the SHIB ecosystem.
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Shiba Inu Lead Shytoshi Kusama Reveals TREAT Token Launch Plan

Highlights

  • Shiba Inu lead developer Shytoshi Kusuma's revealed plans for TREAT token launch .
  • SHIB price jumped more than 5% today amid a rally in the broader market.
  • Kusama's recent comment fueled discussions amid a shifting market focus towards meme coins.

Shiba Inu lead developer Shytoshi Kusama nabbed substantial market interest on Saturday, hinting that the TREAT token launch lies shortly ahead. In a recent X post, the lead developer indicated that loads of work needed to be done in a few days for the launch, echoing a market buzz surrounding the dog-themed meme token. In turn, market participants are now eagerly awaiting the token launch, with traders and investors further taking a bullish stance on SHIB’s long-term prospects.

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Shiba Inu’s Shytoshi Kusama Indicates TREAT Launch Shortly Ahead

In an official X post dated January 4, Shiba Inu lead Shytoshi Kusama stated, “Have the TREAT launch and two extremely important papers to complete, so I’m stepping away from X for a few days.” This statement has sparked noteworthy market optimism with soaring anticipation of the TREAT token launch ahead. Although Kusama guaranteed that he would return soon, the statement appears to have hinted towards a significant milestone for SHIB.

Notably, Kusama confirmed the TREAT token launch earlier, which has further cemented sentiments of a looming token launch. Meanwhile, the launch follows another remarkable development, SHIB: The Metaverse’ launch, adding to market optimism on future movements.

Simultaneously, the constant Shiba Inu burns have dealt a phenomenal blow to the circulating supply. Following the law of supply and demand, market watchers anticipate phenomenal gains in the top dog-themed meme token.

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Is 45% Gains Imminent For The Token?

At the time of reporting, SHIB price witnessed gains worth 5% intraday and is currently trading at $0.00002426. Its 24-hour low and high were $0.00002319 and $0.00002585, respectively. Intriguingly, many anticipate the current rally was also fueled by Shytoshi Kusama’s statement on TREAT.

Moreover, a recent SHIB price analysis by CoinGape revealed that the token eyes 45% gains ahead, primarily against the backdrop of strong market technicals. The analysis revealed that a bullish move would see Shiba Inu coin rise and retest the resistance at $0.00003270. This level is approximately 45% of the current price level.

In turn, market watchers extensively eye SHIB rally, especially with the recent statement of the Shiba Inu lead Shytoshi Kusama regarding the TREAT token launch. On the other hand, the current rally in the broader crypto market, alongside the top meme coins, has further fueled sentiment. Notably, a top market expert has recently shared bullish price targets for Pepe Coin, SHIB, DOGE, and others, which signals a robust meme coin rally ahead.

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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