The Shiba Inu ecosystem team officially launches its reward token, #TREAT , with trading commencing today on three leading crypto exchanges. 

The official handle of the Shiba Inu ecosystem confirmed the launch in a tweet today. It encouraged users to purchase TREAT through its initial centralized exchange partners. 

However, it emphasized the need for caution, warning traders to be vigilant against scams to avoid purchasing fake TREAT tokens through malicious links. 

TREAT Trading Goes Live After Airdrop

Notably, trading commenced for TREAT today at 11:00 a.m. (UTC) on Bitget, KuCoin, and Gate.io. These exchanges announced TREAT’s listing last week, followed by deposits, which began immediately after the announcement. 

In addition, the Shiba Inu ecosystem team launched an airdrop to distribute TREAT for free to users of these exchanges. Participants had to provide their account IDs and deposit addresses from the exchanges. 

Notably, the team airdropped the tokens to eligible participants an hour before trading officially went live today. Each participant received at least 1,250 TREAT, worth $12.5 at the listing price of $0.01.  

Upon launch, the price of TREAT spiked to a high of $0.035 on KuCoin and $0.15 on the Bitget crypto exchange. At press time, TREAT trades at around $0.021 per token on both exchanges. It has a total supply of 10 billion tokens, with a daily volume reaching $15.7 million. 
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