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Home»Altcoins»Shiba Inu Developer Issues Crucial Warning about One of SHIB Ecosystem Token: Details
Altcoins

Shiba Inu Developer Issues Crucial Warning about One of SHIB Ecosystem Token: Details

NBTCBy NBTC23/04/2025No Comments3 Mins Read
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Shiba Inu developer Kaal Dhairya clarified that the Treat token, which went live on Ethereum in January 2025, has not been deployed on Solana or Base.

The developer pointed to misinformation stemming from the compromised X account “Shiba Inu Treat,” which has reportedly been misused by unknown actors. This follows ongoing confusion surrounding the legitimacy and existence of the TREAT token across multiple chains.

There is no Treat on solana or base the account @treatsforShib seems to have been hacked, please be careful

— Kaal (@kaaldhairya) April 20, 2025

Shiba Inu: Treat Not on Solana or Base

In response, Kaal Dhairya stated that no official version of the TREAT token exists on either the Solana or Base networks. He confirmed that any such tokens using the SHIB brand or imagery on those blockchains are unauthorized.

Additionally, Susbarium, a Shibarium sleuth on X, corroborated the compromise and urged users to verify any token using the SHIB badge through SHIB.IO or the Ethereum blockchain. According to Susbarium, all legitimate tokens in the Shiba Inu ecosystem originate on Ethereum, including TREAT.

Previous Cases of Misinformation

In January, developer Dhairya responded to other circulating claims that key Shiba Inu ecosystem tokens—SHIB, LEASH, BONE, and TREAT—had been deployed on the Solana network. He clarified that none of these tokens exist on Solana and addressed the misinformation directly on social media.

Dhairya emphasized that if the Shiba Inu team ever decides to expand its token availability to multiple chains, including Solana, such developments would be officially announced through the project’s main website.

Meanwhile, the Shiba Inu team has previously had to respond to similar cases of misinformation. In a prior instance, Shytoshi Kusama had dismissed reports that the TREAT token was stealth-launched in 2023.

That version, circulating under the contract “0xFBD…146B” on ShibaSwap, was later confirmed to be a fake. CryptoMumms, who earlier claimed the token had launched before the official release, was contradicted by Kusama. The Shiba Inu lead developer maintained that the token had not been released before its actual launch date on January 14, 2025.

Earlier Concerns Within the SHIB Community

Notably, following TREAT’s official launch and listing on major exchanges like KuCoin, some members of the Shiba Inu community began raising concerns. They questioned whether the development team gave disproportionate attention to TREAT while overlooking other ecosystem tokens such as BONE. These concerns intensified after the promotional airdrop of TREAT to users on listed exchanges.

This feedback prompted direct responses from the development team. In response to criticism from users like Jon Snow and DankDollar, Kusama emphasized the project’s holistic focus.

He reiterated that the development team remains committed to all parts of the Shiba Inu ecosystem, including BONE, which acts as Shibarium’s official gas token and the governance token for ShibaSwap.

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NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

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