The Shiba Inu (SHIB) ecosystem is known for its passionate community, explosive nature, as well as meme culture.
Recently, the lead developer – Shytoshi Kusama – teased that there’s an upcoming announcement for holders of the ecosystem’s LEASH token.
What is LEASH Coin?
LEASH is also commonly referred to as the Doge Killer, and it’s one of the three cryptocurrencies that comprise the ecosystem of Shiba Inu – the other two being SHIB and BONE.
The LEASH coin was originally set to be a rebasing cryptocurrency pegged to the price of its verbal nemesis – Dogecoin. However, later on, a decision has been taken for it not to rebase.
It has a total maximum cap of a little over 100K tokens, and it has very much the opposite appeal to SHIB. Exclusivity is the name of the game when it comes to LEASH holders. This is perhaps the reason why the cryptocurrency holds a much higher price per token, currently trading at around $567 per CoinGecko.
LEASH price chart. Source: CoinGecko
Announcement Due This Week: Will Shiba Inu’s LEASH Explode?
Shared recently on Discord was an announcement from the lead developer of the Shiba Inu ecosystem – Shytoshi Kusama. It reads:
Dear LEASH Holders,
As you know, EXCLUSIVITY is the key utility of Leash and I have an exclusive exclusive for you all TUESDAY 1 PM EST.
Then on Wednesday, a new utility for Leash will be unveiled.
Source: X
The overall community’s response to the announcement has been somewhat mixed. While many users are eager and excited about it, a lot of others have been prompting the lead developer and his team to uphold some of their other roadmap updates, such as the Shibarium layer-2 solution.
The post Will Shiba Inu’s LEASH Skyrocket This Week? Lead Developer Teases Big Updates, Here’s When appeared first on CryptoPotato.
[PRESS RELEASE – Dublin, Ireland, April 4th, 2024] Donk.Meme ($DONKM) presale is officially live and this new donkey themed Solana meme coin is replicating the same method pioneered by Book Of Meme founders and adopted by the likes of $SLERF. Over 1,000 SOL has been raised in the first few days of the presale with over 7
Bankruptcy Judge Michael A. Kaplan has approved BlockFi’s third revised Chapter 11 plan during a court hearing on September 26, as indicated in a filing on the same date. This development brings the customers of the distressed cryptocurrency lending platform closer to receiving their payouts following the endorsement of its liquidation plan by a United
Following yet another day of high volatility in which the bears had initial control, bitcoin has recovered roughly $3,000 of value from the current 7-day low recorded on Saturday. The altcoins followed suit with similar dips as the market cap had lost about $200 billion at one point. Just like the weekend before, this ongoing…
Coinbase is reeling from recent regulatory action as investors are fleeing from its shares. This has resulted in company stock slumping 28.6% over the past three weeks. On April 11, COIN was trading at a little over $70, however, it had slid to $51 in after-hours trading on May 2 following a 3% fall since…
Bitcoin’s fight to remain above $19,000 didn’t go all that well yesterday, as the asset fell to a 9-day low of $18,600 before bouncing off. The altcoins also went through similar price movements, but most are slightly in the green on a daily scale, including APE’s notable surge. Bitcoin’s New Local Low Ever since the…
Russian national Alexander Vinnik, previously convicted for running a multi-billion-dollar money-laundering operation through his BTC-e crypto exchange, has been released in a prisoner exchange between Russia and the United States. In return, Moscow freed American schoolteacher Marc Fogel, who had been detained on drug charges. Vinnik’s Role in BTC-e and Legal Troubles Vinnik operated the
[PRESS RELEASE – Singapore, Singapore, May 2nd, 2024] Dive into the future with HPChain, the trailblazer in GPU rental services. As a leading provider in the industry, HPChain is dedicated to deliver unparalleled performance at a minimal cost to support the growth of digital creation in Gaming and AI, while empowering the community to participate
The People’s Bank of China has shut down a local firm suspected of providing various software services to cryptocurrency businesses. As it happened during previous negative actions, the price of bitcoin fell rapidly after the news broke. In the latest statement on the matter, China’s central bank has closed down a firm called Beijing Tongdao…
On our recent Bitcoin price analysis, we mentioned that Bitcoin is breaking down the mid-term ascending supporting trend-line at around $11,200. Since the breakdown, we saw Bitcoin plunging another $1400 on the daily to reach the significant support at $9,800. This was mentioned here as a possible support area since the level contains the daily…
