What Is Doge Killer (LEASH)?
Doge Killer (LEASH) is an ERC-20 token in the Shiba Inu project that goes alongside SHIB and BONE tokens. Shiba Inu (SHIB) is a popular dog-related meme coin based on Ethereum. It’s a serious competition to the popular Dogecoin, which explains why it’s often referred to as the “Dogecoin (or Doge) killer.” Check out the Doge Killer price chart above if you're curious about the live LEASH price.
BONE, on the other hand, is the governance token of the Shiba Inu project that allows users to vote on various decisions considering the future development of the project.
Getting back to the LEASH token, its primary purpose was to be a rebase token. A rebase essentially is a token that has an elastic supply, which automatically adjusts itself based on the crypto market price swings.
However, not long after LEASH was released, its rebase function was removed, leaving the total Doge Killer token supply at 107,647. LEASH promises to compensate its holders will valuable rewards for supplying liquidity. Since the LEASH token supply is so scarce, it has an impressive price, especially compared to SHIB or BONE.
However, bear in mind that the LEASH price is still prone to some fluctuation. This is important for you to understand if you're thinking about buying or trading Doge Killer coins. Why does it fluctuate? Well, mostly because the Doge Killer price is affected by the fluctuation of the whole crypto market.
The Founder of Doge Killer
The founder of the whole Doge Killer crypto project goes by the pseudonym of Ryoshi. There is a lot of mystery and speculation surrounding Ryoshi. There were some rumors that Vitalik Buterin is the real founder of Doge Killer. However, these rumors were denied. The intriguing thing about Ryoshi is that he has no Shiba Inu tokens. Overall, he denies holding any titles or significant benefits, claiming only to be a ShibaArmy member.