LEASH is claimed to be one of the Doge Killer tokens. It is the second project on the decentralized exchange ShibaSwap. LEASH operates on the Ethereum Platform.
ShibaSwap is a decentralized exchange. ShibaSwap provides a safe place to trade cryptocurrencies SHIB and LEASH are best purchased and sold through ShibaSwap
The Shiba Token project launched LEASH as a rebase coin; however, the team later changed its use case to improve its ecosystem spectrum.
The Shiba network has three native tokens in total — SHIB, LEASH and BONE.
Rebasing is the process of actually adjusting the circulating capacity i.e decrease by burning out the tokens or increase the supply by adding tokens to supply – including all holder’s and LP’s holding tokens count. This is done in order to adjust the token price, without affecting the value of anyone’s share of coins.
The LEASH token is said to have a major social influence for the Shiba Inu token. It is considered to be an important success factor of the Doge Killer and the Shiba Ecosystem on every social media platform.
LEASH was created by a pseudonymous founder Ryoshi Inu to tap in to the popularity of Dogecoin.
When it comes to the question of whether LEASH, BONE, SHIB are all good investments, it is important to know that there is a small chance that SHIBA INU will thrive in the long term, because of its loyal fan base. It is not considered to be the strongest investment right now. For those who are risk-averse in their investment practices, this cryptocurrency might not be the best fit.
LEASH Crypto or Coin as a part of the Shiba Inu ecosystem is available for trading on ETH compatible exchanges. Those who want to buy can buy the token at any reputed exchange using ETH or BTC as it is not possible to purchase the coin using fiat currency.
Community Response: Why is it so expensive to use your ShibaSwap? When swapping between LEASH, SHIB is ridiculously expensive. Why is that the case? It requires to approve for gas money, and the second step, miners fee will hit too.
It’s Vitalik Buterin and his fees. SHIB is an Ethereum token and that’s how they are all moved. The fix is coming though so stay tuned. Rome wasn’t built in a day.
At this point most of us don’t care about other platforms listing SHIBA. We want that circulating supply to get fix. People are losing interest on SHIBA.
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