Home Crypto/Forex Will Leash Coin aka Doge Killer be the next Shiba Inu or...

Will Leash Coin aka Doge Killer be the next Shiba Inu or Dogecoin?

Dogecoin was launched as a joke back in 2013, who would’ve thought it would be worth serious money & then again a coin like a Leash Coin will appear to end its supremacy? No doubt, the digital asset-Doge Killer, inspired by the Japanese breed of dog of the same name, had a bull run.

Dogecoin price rose around 5,000% so far this year despite a steep fall in the middle of this year. It started as a meme coin offering little or no value compared with established counterparts like Bitcoin or Ether. Thanks to famous people like Elon Musk, Mark Cuban, strong community engagement & the efforts of the development teams for value appreciation.

The solo Dogecoin has now grown into a herd. Ironically, a faction inside the herd has come up with several other coins and has joined the race to become the Doge Killer crypto. Welcome to the SHIBA ecosystem! It consists of three major Doge killer crypto — SHIB, LEASH and BONE.

The Doge Killer ecosystem

Shiba Inu or the $SHIB coin, a part of the dog-themed ecosystem, was the first member of the Dogekiller pack launched in August 2020. Up by millions of percent to date, it is the first cryptocurrency token to be listed on ShibaSwap, the decentralized exchange launched this year. 

The Ethereum-based cryptocurrency was created by a pseudonymous founder Ryoshi Inu & intends to capitalize on the rising popularity of Dogecoin. In fact, its market value at the time of writing is the biggest after Dogecoin.

The other two coins Leash & Bone were launched this year. Among them Bone, launched this July, was made the official token of the ShibaSwap exchange.

What are the benefits of Leash Coin?

The major advantage of stocking Doge Killer coin is its limited supply. They are only 107,647 tokens in number. This is what makes them unique countering the risk of inflation and obviously with limited supply, the demand for the asset increases.

As of there are less than 50,000 LEASH token loyal holders. They get rewarded by developers with exclusive items for their commitment time and again.

Also being part of ShibaSwap, Leash crypto holders are open to many possibilities. It gives the option of liquidity and receiving SSLP token – Leash-Eth SSLP.

What is Leash Coin price?

Doge Killer price INR is around 1.3 lakh presently. However, it is well below the all-time high of INR 6.7 lakh reached in May this year following the bull run in Bitcoin that occurred during the first half of the year. A lot of Leash coin predictions state that it may soon overtake other dog-meme tokens like Shib & Dogecoin. So, it has the potential to emerge as the successful Doge Killer.

What is Leash Coin price prediction?

Leash Coin price INR expects to hit nearly 4 lakh ($5,000) by the end of this year driven by the popularity of Shiba Inu among Ethereum and meme-based crypto investors. If the overall market reaches a lifetime high, there is a possibility that the Doge Killer price could also regain its all-time high level. If the trend continues and the Leash survives the downturn in the market, the Doge Killer price is expected to hit INR 7.5 lakh/$10,000 by 2022.

Presently, the technical analysis of the Leash Coin price indicates a bullish sentiment associated with the coin. Riding on the same sentiment, the value of the Leash coin has already doubled from roughly inr900 to nearly INR 1,800 as of October 26. However, it is to be kept in mind the crypto market is marked by volatility and risk factors. When it comes to trading in meme cryptocurrencies, the risk is even more.

Where to buy Leash Coin?

Leash crypto can only be bought on ETH compatible crypto exchanges such as Jubi, CoinW, BKEX, UniSwap, Gate.io, Hotbit and Bilaxy. It is because the Doge Killer coin is part of the Shiba Inu ecosystem.

Doge Killer aka Leash crypto can be bought and sold with fiat currencies such as USD, CAD, AUD, EUR, GBP etc or crypto coins such as BTC or ETH.

Can I buy Doge Killer with cash?

No!

Leash Coin can be bought only on cryptocurrency exchanges that support Bitcoin (BTC) or Ethereum (ETH). However, unlike other cryptos, it cannot be directly purchased using fiat money. In order to buy Doge Killer, you first need to buy Bitcoin (BTC) or Ethereum (ETH) from any crypto exchange using fiat currency. Thereafter, you need to transfer the Ethereum to the exchange that allows you to trade the same with leash coin.

Can I buy Leash crypto using credit card?

Yes, one can.

Bitcoin can be bought using a credit card on the trade-in site Changelly without much hassle. Teh site for buying crypto is user friendly and has an interactive user interface.

Where can I buy Doge Killer in Europe?

Buying crypto is pretty easy while in Europe with the facility of online banks. The process is also less cumbersome with opening an account and transferring money to exchanges such as Coinbase and Coinmama. Examples of online banks in Europe are Bunq, N26 and Revolut.

How to buy Leash Coin?

Here we explain the steps in simple terms about how to buy leash coin!

Use commonly used fiat-to-cryptocurrency exchange like Coinbase where you can buy Ethereum. In order to do so, you must register in the particular exchange.

After finishing the KYC process in the exchange, you are required to add a payment method to buy Ethereum. The method could be either a credit/debit card or a bank transfer. Keep in mind that bank transfer has a lower fee than payments via credit/debit cards. However, it could take more time that card transfer

The next step is to transfer the purchased ETH to an exchange where leash coin is trading. Let that exchange be XYZ. You will see an “ETH address” bar on XYZ, where you need to insert the unique public address of your ETH wallet. You can receive ETH by giving the same address to the person you want to send the fund to. Now go back to Coinbase and check the asset list on the Portfolio page. Select ETH and click on ‘Send’.

Now head back to Coinbase, go to the Portfolio page and click on ETH on your asset list, then click on ‘Send’ on the right. Under the Recipient tab, paste the wallet address from your clipboard. Ensure both the addresses are the same. Sometimes, computer malware changes the content in your clipboard and you end up paying the money to someone other than the person you intend to. Click on ‘Send’ to proceed. Once you receive the confirmation email, click on the link in the email and your coins will be there in XYZ.

Now go to XYZ. Don’t worry if you don’t see the ETH deposits there immediately as it might take some time. Once you receive a confirmation notification from XYZ, you can use that to finally purchase a leash coin.

How can I keep Leash Coin safe?

If you intend to hold your Leash Coin for some time you want to keep it safe & away from hackers. One way to keep the coins safe is to put them in “Cold Wallets”, where the wallet only have access to the blockchain when you send funds. This would lower the chances of hacking incidents

The second way to keep your Leash Coin safe is to use an encrypted VPN connection while you are trading. VPN makes it harder for hackers to intercept your sensitive data. This is particularly important when you are trading on the go or using a public WiFi system.

Factors influencing the upside in Doge Killer price

Non-fungible tokens (NFTs): The craze for this digital asset led many crypto projects to launch their own NFT art or game in order to raise their net worth of price. As far as the leash is concerned, there is good news. This is because the ShibaSwap platform has just launched Shiboshi NFTs, which is a collection of 10,000 Shiba Inu generated non-fungible tokens.

These NFTs exist on Ethereum’s blockchain. Each NFT has a unique trait that makes them collectibles, which includes laser eyes or a party hat. It acted as a catalyst for the rise in leash because the first two tranches of NFTs, 0 to 2,999 and 3,000 to 8,999 were made to be purchased using leash coins.

Limited stock: One major factor for the rise of Doge killer price is its limited stock. Leash has a supply of just around 100,000 compared with 1000 trillion for Shibu Inu. This suggests a much stronger upside potential for leash and the token becoming the strongest contender to be a Doge killer.

Social media: The influence of social media platforms is tremendous for cryptocurrencies, which also includes the Shibaswap ecosystem. Some of the popular hashtags on Twitter are #SHIB, #shibainu. Apart from its own popularity, leash rides the social media craze for the Shiba Inu token, which has been driving the Doge Killer price.

Share with us how you plan to invest in Doge Killer and your views if the crypto can explode in the year 2022.

PhonesWiki
Souvik
An avid writer, researcher, traveler, music buff, pet lover and gadget freak! Loves to read and write just about anything but has keen interest in new age tech and finance.

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