LEASH, a cryptocurrency that claims to be the “Doge Killer,” has observed a significant surge in rate, up above 41% in current trading.
The rate of LEASH improved from $430.03 to $643.69 in a quick time, resulting in a marketplace capitalization of above $69 million.
This sudden boost in worth attracted consideration of several SHIB followers who are curious to know the purpose behind this boost.
The token is a crypto token employed in the Shiba Inu ecosystem, which is the 2nd most well-known meme cryptocurrency right after Dogecoin.
With SHIB and BONE tokens, LEASH supports decentralized exchanges, NFTs and metaverse.
LEASH is presently out there for trading on Uniswap, OKX, Gate.io, and BKEX, amongst some others. As reported by U.Today, the token went reside on BlueBit.io final September.
This improved publicity to the broader crypto neighborhood has surely aided drive demand for the token.
LEASH was initially launched as a rebase token, but the crew later on abandoned the notion. The token’s provide has dropped to just 107,646 coins, producing its rate large.
Common has several use scenarios, this kind of as obtaining and staking on ShibaSwap, obtaining land in the Shiba Inu themed metaverse, and staying employed in the Doggy DAO, a decentralized autonomous organization.
Shiba Inu has a huge neighborhood and is frequently incorporating new functions, and the crew is arranging to launch Shibarium.