Leading Shiba Inu (SHIB) developer Shytoshi Kusamahas provided new details about a local altcoin that is in the works for its rival Dogecoin (DOGE). Shiba Inu influencer LucieSHIB by Shytoshi Kusama treat He gave answers about the timeline for the launch of the coin (TREAT).
Kusama says the project was not part of the launch of the layer-2 scaling protocol Shibarium.
The intense interest in the launch of Shibarium is evident. It’s possible that the coin will likely be launched after Shibarium is released.
LucieSHIB asks: Will TREAT be released at the same time as Shibarium?
Shytoshi Kusama: No, not at the same time. The two are very separate from each other. shibarium It will use the tokens in the ecosystem but not the organization responsible for issuing money. It’s just a piece of tech and some guys who want the best for the Shib.”
Kusama stated that the coin will have a limited supply. Moreover, he says that this is different from most projects in the meme coin world.
The exact use case of TREAT is unknown. However, it is possible that the token can be used to reward SHIB ecosystem holders in some way.
Shibarium is the highly anticipated layer-2 network built on Ethereum (ETH) like Polygon (MATIC) and Optimism (OP).
Its lead developer cautions investors to purchase tokens that label themselves TREAT ahead of the official launch.
“DO NOT BUY ANY TREAT KNOCK OFF. It will be the copy with zero connection to the Shiba Ecosystem.”
Kusama first introduced Treat in July 2022 as an incoming add-on to the Shiba Inu ecosystem.
Koinfinans.com As we reported, SHIB is worth $0.000012 at the time of writing.