The price of Doge Killer (LEASH) has spiked by another 5%. This marks the continuation of a trend that started earlier in the month when the price of the cryptocurrency jumped by over 41% in recent trading.
LEASH is one of three tokens in the Shiba Inu ecosystem, which also includes SHIB and BONE. These tokens are used to power a decentralized exchange, NFTs and a metaverse.
The sudden spike in LEASH's value has attracted the attention of many SHIB supporters. However, the market cap of the cryptocurrency remains relatively tiny (only $72.8 million).
In other news, BONE, another ecosystem cryptocurrency, recently managed to crack the top 100 on crypto ranking site CoinMarketCap.
Yuri MolchanBONE token holders on the ShibaSwap platform can earn rewards for providing liquidity to the network, swap their ERC20 tokens for other coins, and stake tokens to gain returns. The total supply of BONE tokens is 250 million.
Meanwhile, the SHIB token remains in 13th place by market capitalization with a total valuation of $7.2 billion.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Arman Shirinyan
Dan Burgin
Vladislav Sopov