Shiba Inu Ecosystem's Rare Gem: Is LEASH Worth Paying Attention To?
Hello everyone, let's talk about the low-key big brother LEASH in the Shiba Inu ecosystem, also known as Doge Killer. LEASH was launched in 2021 together with ShibaSwap as the second token, with a total supply of only 107,000, extremely scarce, in stark contrast to the massive supply of SHIB.
At the time of its design, it was intended to be a rebase token linked to Dogecoin's price, but the team later burned the rebase key, turning it into a fixed supply ERC-20 token. This move made LEASH the most 'expensive' one in the ecosystem, mainly used to provide exclusive rewards to liquidity providers and loyal holders, such as mining on ShibaSwap and staking for higher returns. This year, there have been significant moves in the ecosystem, with Shibarium Layer2 chain trading volume exceeding 1 billion, and the team has also fixed the supply loophole in the old LEASH contract and launched the LEASH v2 migration plan, ensuring that the supply is completely fixed and will no longer inflate. This series of actions has restored confidence in the community and brought some cross-chain lending and new DeFi play styles to LEASH.
However, to be honest, the entire dog-themed coins will not have a good time in 2025, with SHIB dropping over 60%, and LEASH also adjusting significantly with the market (specifics can be seen in real-time trading), with low trading volume and high volatility. In the short term, it depends on the overall market and the actual adoption rate of Shibarium; in the long term, scarcity is its core advantage. If the ecosystem truly takes off, LEASH, as a 'VIP pass', has considerable potential.
If you are a die-hard SHIB fan and want to participate deeply in the ecosystem, holding a small amount of LEASH for staking is quite interesting, as it can yield exclusive rewards. But beginners should not go heavy, as meme coins are inherently high-risk, and be ready for a roller coaster at any time. Investment carries risks, so brothers should keep their eyes open.
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Hello everyone, let's talk about the low-key big brother LEASH in the Shiba Inu ecosystem, also known as Doge Killer. LEASH was launched in 2021 together with ShibaSwap as the second token, with a total supply of only 107,000, extremely scarce, in stark contrast to the massive supply of SHIB.
At the time of its design, it was intended to be a rebase token linked to Dogecoin's price, but the team later burned the rebase key, turning it into a fixed supply ERC-20 token. This move made LEASH the most 'expensive' one in the ecosystem, mainly used to provide exclusive rewards to liquidity providers and loyal holders, such as mining on ShibaSwap and staking for higher returns. This year, there have been significant moves in the ecosystem, with Shibarium Layer2 chain trading volume exceeding 1 billion, and the team has also fixed the supply loophole in the old LEASH contract and launched the LEASH v2 migration plan, ensuring that the supply is completely fixed and will no longer inflate. This series of actions has restored confidence in the community and brought some cross-chain lending and new DeFi play styles to LEASH.
However, to be honest, the entire dog-themed coins will not have a good time in 2025, with SHIB dropping over 60%, and LEASH also adjusting significantly with the market (specifics can be seen in real-time trading), with low trading volume and high volatility. In the short term, it depends on the overall market and the actual adoption rate of Shibarium; in the long term, scarcity is its core advantage. If the ecosystem truly takes off, LEASH, as a 'VIP pass', has considerable potential.
If you are a die-hard SHIB fan and want to participate deeply in the ecosystem, holding a small amount of LEASH for staking is quite interesting, as it can yield exclusive rewards. But beginners should not go heavy, as meme coins are inherently high-risk, and be ready for a roller coaster at any time. Investment carries risks, so brothers should keep their eyes open.
(Like, share, and follow to receive a BTC red envelope)
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