UNDERSTANDING SHIBA INU’s LEASH TOKEN

leash token crypto

The Exclusive Token for the Shiba The Metaverse

Shiba Inu has been making headlines in the crypto world with its ambitious plans to become a major player in the upcoming Web3 revolution. To support its growing ecosystem, Shiba Inu has introduced a new utility token called LEASH, which offers exclusive benefits to its holders. In this article, we’ll outline our understanding of what LEASH is, how it works, and why it’s an important token to buy.

LEASH Token: An Overview 

LEASH is a cryptocurrency token that grants its holders exclusive rights to claim land in the Shiba Inu project’s future metaverse. With a total supply of just 107,646 tokens, LEASH is positioned as a special token for loyal supporters of the ecosystem. The limited supply of LEASH makes it a very scarce asset, which has helped to drive up its price. 

Leash Tokenomics (as of March 21, 2023)

  • Price: $411.49
  • Market Cap: $44,122,637
  • Circulating Supply: 107,526
  • Total Holders: 81.30K

At present, there are more than 81.30K LEASH holders, indicating the token’s popularity among crypto investors. LEASH’s high value and limited supply make it a valuable asset for holders looking to participate in the Shiba Inu metaverse and other exclusive offerings. The market dynamics, as well as the project’s ambitious plans for growth, suggest that LEASH will remain an important token to buy and hold for the foreseeable future.

LEASH and the Shiba Inu Metaverse 

LEASH is a vital component of the Shiba Inu ecosystem because it allows users to participate in the Shiba Inu metaverse even before its official launch. Moreover, According to Now Payments if you lock 5 LEASH in the LEASH Locker at SHIB.io for 90 days, you will be rewarded with 200 land plots. This tool provides early entry for users to bid on and purchase land plots during the first two stages of the release: the BID Event and the HOLDER Event. It’s important to note that while holding LEASH grants exclusive rights to claim land, users still need to pay for the selected land plot separately. Therefore, owning LEASH is a pass to see the land plots, but it does not guarantee ownership without purchasing the plot separately.

The LEASH LOCKER 

A feature is a tool that allows users to lock their LEASH tokens in order to gain access to the Shiba Inu metaverse map. This tool provides early entry for users to bid on and purchase land plots during the first two stages of the release: the BID Event and the HOLDER Event. It’s important to note that while holding LEASH grants exclusive rights to claim land, users still need to pay for the selected land plot separately. Therefore, owning LEASH is a pass to see the land plots, but it does not guarantee ownership without purchasing the plot separately.

LEASH on ShibaSwap 

LEASH is the second token incentivized on ShibaSwap, which means that users can earn rewards by staking LEASH on the platform. Staking LEASH not only earns users rewards, but it also supports the Shiba Inu ecosystem. This has made LEASH a convenient tool for incentivizing users to participate in the metaverse.

Other Uses of LEASH 

Aside from its use in the metaverse, LEASH is also used extensively in other projects of Shiba Inu. For example, it is used to grant exclusive access to Shiboshi NFT minting, as well as early access to Shib: The Metaverse land sales.

Why is LEASH Important to Buy? 

LEASH is a highly important asset for the Shiba Inu ecosystem, as it offers exclusive benefits and access to the project’s upcoming metaverse. With its limited supply and high demand, LEASH has become a popular coin among crypto investors. Holding LEASH not only grants early access to the metaverse, but it also offers the opportunity to earn rewards by staking on ShibaSwap. Moreover, owning LEASH is an excellent way to support the Shiba Inu ecosystem while also reaping the benefits.

How to Buy LEASH Token

There are several ways to purchase LEASH token. One of the most popular methods is to use a decentralized exchange (DEX) such as
Uniswap or Shibaswap.
In addition to DEXs, LEASH is also available on some centralized exchanges (CEXs) like
Gate.io or BitMart.

Conclusion 

In conclusion, LEASH is a key asset for the Shiba Inu ecosystem and an essential token to buy for early access to the project’s metaverse and other exclusive perks. With its limited supply and high demand, LEASH is likely to remain a valuable and sought-after coin among crypto investors as Shiba Inu continues to grow and expand its ecosystem.

Disclaimer: The information provided in this article is for educational and informational purposes only and should not be considered financial advice. Cryptocurrency markets are highly volatile and investing in them can be risky. It is important to conduct thorough research and consult with a financial advisor before making any investment decisions. The author of this article does not own any LEASH tokens and has no affiliation with the Shiba Inu project.