Shiba Inu’s ’Treat’ Token: Pump-and-Dump Flash in the Pan or Legit Contender?
Shiba Inu’s latest meme coin offspring, TREAT, launched with the usual fanfare—and the usual skepticism. After an initial hype surge, trading volume flatlined faster than a DeFi rug pull victim’s portfolio.
Price action? Barely a whimper. The token currently trades 78% below its debut price, making even ’stablecoins’ look volatile. Community chatter suggests delayed utility rollouts—because nothing builds confidence like missing roadmap deadlines.
Meanwhile, SHIB army loyalists keep shilling, because in crypto, blind faith outperforms fundamentals nine times out of ten. Will TREAT defy the odds and escape meme coin purgatory? Stranger things have happened—like Wall Street bankers pretending to understand blockchain.
Source: Coingecko
What Happened To Shiba Inu’s Treat Token Next?
Shiba Inu’s Treat token added an extra zero after hitting its ATH, never to reclaim its previous glory. The token barely saw price spurts in the last four months and is only heading backward. Though it is still alive in the charts, the token seems to have fallen into a state of coma. It is down close to 84% from its all-time high and is currently trading at the $0.003149 price range.
On Tuesday alone, Shiba Inu’s Treat token has plummeted double-digits with a 10% decline. It dipped nearly 22% in a month and shows no signs of a quick recovery. Despite having the backing of the broader SHIB ecosystem, the newly launched token is struggling to sustainably scale up. The price decline is making investors stay away from the token, and its 24-hour trading volume is only $2 million.
Will the Treat Token Rebound in Price?
If the dwindling trading volume and market cap fail to recover, Shiba Inu’s Treat token is not a good investment. Investors majorly focus on the trifecta of SHIB, Leash, and Bone, while Treat has no such fanfare. Traders feel the token is cut off from the ecosystem with little to no HYPE and buzz in the community. Therefore, taking an entry position in the newly launched token is risky as it could have more downside.
