About LEASH
$LEASH is the second token in the Shiba Inu Ecosystem. It was originally envisioned to be a rebase token tied to the price of $DOGE, which would enable members of Shiba Inu community to benefit from price movements of $DOGE without directly investing in it. Later, it was decided that $LEASH would turn off the rebase function and continue as a simple ERC-20 Token.What is Shiba Inu?Shiba Inu ($SHIB) is a meme token that began as a fun currency and has now transformed into a decentralized ecosystem. According to the Shiba Inu website, $SHIB is the "DOGECOIN KILLER" and is listed on their own ShibaSwap, a DEX. Shiba Inu coin was created anonymously in August 2020 under the pseudonym "Ryoshi." Ryoshi says himself that he is a nobody and not important and that the efforts to unmask his identity, even if successful, would be underwhelming.This meme coin quickly gained speed and value as a community of investors was drawn in by the cute charm of the coin paired with headlines and tweets from personalities like Elon Musk and Vitalik Buterin. Vitalik Buterin was long believed to be the originator of Shiba Inu, but denied such rumors on the Lex Fridman podcast on June 5, 2021.Shiba Inu aims to be the Ethereum-based counterpart to Dogecoin's Srypt-based mining algorithm. Shiba Inu and the SHIB token are part of a swarm of dog-themed cryptocurrencies, including Baby Dogecoin (BabyDoge), Dogecoin (DOGE), JINDO INU (JIND), Alaska Inu (LAS) and Alaskan Malamute Token (LASM). These lesser-valued tokens have attracted investors who missed the Dogecoin pump from 0.0002 to nearly 0.75 USD.Shiba's success sparked an avalanche of copycats, such as BitShiba, Shiba Fantom, Shibalana, King Shiba, SHIBAVAX, and Captain Shibarrow, SHIBA2K22, SpookyShiba, and countless others. In total, there may be well over 100 Shiba Inu copies, and the number keeps rising constantly.
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Frequently Asked Questions
What Is Doge Killer (LEASH)?
Read MoreDoge Killer (LEASH) is a token in the Shiba Inu (SHIB) ecosystem. Shiba Inu is commonly referred to as the “Dogecoin (DOGE) killer” because of its enormous popularity. SHIB grew to become the second-largest canine-inspired coin in the crypto space and aims to be the Ethereum (ETH)-based counterpart to Dogecoin’s Scrypt-based mining algorithm. Besides LEASH, there is also Bone ShibaSwap (BONE), another dog coin that is part of the Shiba universe, which can be traded on its own ShibaSwap decentralized exchange (DEX).
LEASH, BONE and SHIB are all part of the dog coin avalanche that has taken the crypto space by storm in 2021. Other examples of dog-themed coins are Baby Dogecoin (BabyDoge), Drunkdoge (DRUNK), JINDO INU (JIND), Alaska Inu (LAS), and Alaskan Malamute Token (LASM).
Who Are the Founders of Doge Killer?
Read MoreShiba Inu (SHIB) was created in August 2020 by an anonymous person or group using the pseudonym “Ryoshi.” As a part of the Shiba Inu ecosystem, Ryoshi is also behind Doge Killer (LEASH), and there is still close to no information regarding the identity of the tokens’ creator(s). In Shiba Inu’s whitepaper – whimsically entitled the “Woofpaper” – Ryoshi give(s) three reasons for creating Shiba Inu:
“We started from zero, with zero.”
“The brilliant minds behind Shib had never collaborated before.”
“We love Shiba Inu Dogs.”
However, it is fair to assume that the stunning success of Dogecoin (DOGE) also inspired the endeavor and that the founder(s) recognized the lucrative potential of creating yet another popular dog coin.
What Makes Doge Killer Unique?
Read MoreDoge Killer (LEASH) was originally intended to be a rebase token but then the team decided to change tack and limit the total supply to only 107,646 tokens. This extremely low supply makes it an outlier among dog coins and also helps explain its high price, with LEASH trading at around $1,400 at the time of writing, down from a stunning all-time high of over $7,000 in May 2021. Usually, dog-themed cryptocurrencies have an artificially high supply – in the billions or even quadrillions – with which they try to spur investors to buy the token and pump the price to one dollar or one cent. LEASH takes a refreshingly different approach, making it a truly unique dog coin.
Although the team promises “lucrative rewards” to LEASH holders, it does not specify what these will be. This will potentially be up to the community to decide, as Bone ShibaSwap (BONE) is the governance token of the Shiba Inu ecosystem and will be used for voting in proposals in the upcoming Doggy DAO.
How Many Doge Killer (LEASH) Coins Are There in Circulation?
Read MoreIn contrast to Shiba Inu (SHIB), which has a total supply of one quadrillion, Doge Killer (LEASH) has a very low total supply of only 107,646. Shiba Inu famously burned 50% of its token supply to Vitalik Buterin, the co-founder of Ethereum. In response to this “gift” from the Shiba Inu team, Buterin sent 50 trillion SHIB tokens worth $1 billion at the time to India’s Covid Crypto Relief Fund. Buterin then burned 40% of the total supply to a dead wallet. Although this initially led to a massive sell-off in the price of SHIB, the two communities managed to strike a deal and the price of SHIB and LEASH was on a consistent uptrend in September and October 2021.
How Is the Doge Killer Network Secured?
Read MoreDoge Killer (LEASH) is an ERC-20 token, which is the token standard that most new tokens use if issued on the Ethereum (ETH) blockchain. A stalwart of the crypto space, Ethereum remains the go-to solution for many decentralized application (DApp) creators. Its blockchain has successfully transitioned from a proof-of-work (PoW) consensus mechanism to proof-of-stake (PoS) during the "Merge" on Sept. 15, 2022. A set of decentralized nodes validates all transactions and secures the Ethereum blockchain, ensuring it is one of the safest in the industry.
In addition, all tokens in the Shiba Inu (SHIB) ecosystem have been audited by Certik.
Where Can You Buy Doge Killer (LEASH)?
Read MoreDoge Killer (LEASH) is available on Uniswap (V2), Gate.io and Shibaswap.
Cryptocurrency newbie? You can read more about how to enter the market and how to buy Doge Killer (LEASH) or any other token in the CoinMarketCap education portal — Alexandria.
What is the all-time high price of Doge Killer (LEASH)?
Read MoreThe all-time high of LEASH was 8,983.59 USD on 2021-05-11, from which the coin is now down 0%. The all-time high price of Doge Killer (LEASH) is 8,983.59. The current price of LEASH is down 0% from its all-time high.
How much Doge Killer (LEASH) is there in circulation?
Read MoreAs of
, there is currently 106,373.43 LEASH in circulation. LEASH has a maximum supply of 0. What is the market cap of Doge Killer (LEASH)?
Read MoreThe current market cap of LEASH is 27.83M. It is calculated by multiplying the current supply of LEASH by its real-time market price of 261.61.
What is the all-time low price of Doge Killer (LEASH)?
Read MoreThe all-time low of LEASH was 0
, from which the coin is now up 0%. The all-time low price of Doge Killer (LEASH) is 0. The current price of LEASH is up 0% from its all-time low. Is Doge Killer (LEASH) a good investment?
Read MoreDoge Killer (LEASH) has a market capitalization of $27.83M and is ranked #776 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Doge Killer (LEASH) price trends and patterns to find the best time to purchase LEASH.