Shiba Inu is gearing up to launch TREAT, a new ecosystem token designed to enhance its growing network. This launch comes at a time when SHIB is showing signs of recovery, which could mean the end of its recent bear market.

TREAT will focus on governance and rewards for the entire ecosystem. The developers want to transform Shiba Inu from just a meme coin into a more innovative blockchain network.

As the second-largest meme coin by market cap, Shiba Inu (SHIB) is adding TREAT to its blockchain ecosystem. The team has been working on this for several months, exploring governance tokens through a DAO launch.

They officially announced TREAT on social media, sharing their excitement. “The new year begins with TREAT! The wait is over, TREAT is launching this January. Let’s kick off 2025 with a bang!” they posted on X (formerly Twitter).

According to their website, TREAT is a practical asset that acts as “the key that unlocks all the enhanced capabilities of our evolving network state.” Its main functions will involve Shiba Inu ecosystem rewards and governance, helping with yield farming, decision-making, crypto payments, and more.

TREAT marks an important step in Shiba Inu’s journey from being a meme coin to a serious blockchain project. This shift began with the introduction of BONE and LEASH, two newer assets that have been integrated with other blockchains.

Recently, SHIB has had a wild ride in terms of price. It started December at a nine-month high but faced significant drops in trading volume, leading to price corrections. Still, SHIB has shown signs of recovery in the past few days.

The launch of TREAT could boost the growing optimism around SHIB, and it’s already creating a buzz in the community.

Shiba Inu isn’t abandoning its roots. Instead, it aims to show that it has a healthy and functional ecosystem compared to typical meme coins. The contributions of TREAT are expected to strengthen the network even more.