Doge Killer (LEASH) Price

Info

Contract Address

ETH 0x27c70cd1946795b66be9d954418546998b546634

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About Doge Killer (LEASH)

$LEASH is the second token introduced within the Shiba Inu Ecosystem, playing a unique and strategic role alongside its sister tokens, $SHIB and $BONE. Originally conceptualized as a rebase token, $LEASH was designed to track and mirror the price of Dogecoin (DOGE), leveraging an elastic supply mechanism that would adjust token balances based on market fluctuations. This approach was intended to offer dynamic price alignment with DOGE, similar to how algorithmic stable coins maintain parity with fiat currencies.

However, shortly after its inception, the Shiba Inu development team made the strategic decision to pivot away from the rebase model. The rebase functionality was permanently disabled to ensure the token’s future stability and simplicity. This was accomplished by burning the keys that controlled the rebase mechanism, effectively locking $LEASH into a fixed supply model. By doing so, the token transitioned into a standard ERC-20 format with a finite total supply, making it far scarcer than $SHIB.

With a maximum supply of only 107,646 tokens, $LEASH has since evolved into an ultra-limited asset within the Shiba Inu ecosystem. Its scarcity has positioned it as a high-value token, often regarded as a premium asset by community members and investors. Over time, $LEASH has gained increased utility, including its role in staking, liquidity provision, and access to exclusive perks within the ecosystem such as Shiba Swap and future Shiba Inu metaverse projects. This evolution reflects the dynamic nature of the Shiba Inu project and its commitment to long-term ecosystem development.