The Shiba Inu TREAT token now surges 191% after previously dropping 53% from its initial launch price.
The Shiba Inu ecosystem’s TREAT token has made headlines recently, emerging as one of the top gainers in the cryptocurrency market after a significant post-launch downturn.
According to data from CoinMarketCap, TREAT has experienced an impressive 61% increase in value over the past day, currently trading at $0.00817.
This remarkable rebound is noteworthy, especially given the prevailing bearish trends in the market, largely influenced by Bitcoin’s fluctuations.
In a tweet today, the prominent centralized exchange KuCoin highlighted TREAT as the top gainer in the last 24 hours, boasting a staggering 111% surge.
At the time of this update, the price of TREAT stood at $0.0098, indicating that it has more than doubled in value within just a single day.
Initially launched on January 14 at a price of $0.01, TREAT’s journey took a downturn shortly thereafter, plummeting to a historic low of $0.004641 on January 20—a drop of 53.59%.
However, TREAT has since made a remarkable recovery, reaching an all-time high of $0.0135.
This surge coincided with Bitcoin’s own rise to a new all-time high for 2025, showcasing a dramatic comeback of 191% on the same day it hit its low.
This sudden turnaround has sparked excitement within the crypto community, particularly among Shiba Inu enthusiasts.
One community member expressed optimism, stating, “Congrats to TREAT,” while suggesting that the BONE token might be poised for a similar rise.
Despite its impressive gains, TREAT is facing challenges as it begins to lose momentum.
Currently trading at approximately $0.00817, it has seen a 35.1% decline from its recent peak.
This drop aligns with Bitcoin’s own 7.18% decrease from its new all-time high of $109,000, indicating the volatility affecting the broader market.
For those unfamiliar, the TREAT token is designed to serve multiple functions within the Shiba Inu ecosystem.
It aims to provide liquidity for the upcoming SHI stablecoin, potentially replace the BONE token as a reward mechanism on the ShibaSwap decentralized exchange, and offer incentives for projects like “SHIB: The Metaverse” and Shiba Eternity.
In addition, TREAT will play a crucial role in the ecosystem’s collaboration with Zama, which integrates encryption solutions to enhance privacy in transactions and data management.
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Also Read: Shiba Inu Sees A Surge In Popularity Now Welcoming 7,548 New Wallets
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