Gushiken Yona
$LEASH, the “Doge-Killer” token of the Shiba Inu cryptocurrency project, has experienced a significant double-digit surge since Friday.
The spike took place while the token gained a new use case through Precipitate, an innovative IaaS company at the intersection of AI and blockchain technology. This surge reflects growing investor confidence and the expanding utility of $LEASH in the rapidly evolving crypto market.
Over the weekend, the official X account of Precipitate Protocol, the first Infrastructure-as-a-Service (IaaS) company serving the nexus of AI and public blockchains, announced its decision to grant $LEASH a second chance as a payment option in Governance Voting against $KASPA.
The Shiba Inu community’s overwhelming support has led to $LEASH being granted a second chance as a payment option in Governance Voting, pitting it against the proof-of-work cryptocurrency $KASPA. The announcement, heralded by Precipitate Protocol, stated: “After a mountain of support from the Shiba community, we are giving $LEASH a second chance to make it as a payment option in Governance Voting against $KASPA. In a few days, we’ll see if the Doge Killer can defeat Kaspa as well.”
Precipitate Protocol’s recent announcement granting $LEASH a second chance as a payment option in Governance Voting generated significant buzz within the Shiba Inu community and the broader cryptocurrency market. This decision underscored the token’s evolving role and potential utility, which bolstered investor confidence and drove a substantial double-digit surge in $LEASH’s value.
For token holders, this announcement was a testament to the growing recognition and adoption of $LEASH, enhancing its credibility and market presence. The increased visibility and newfound use case attracted more investors and users, further strengthening the token’s ecosystem.
Additionally, the prospect of $LEASH competing against $KASPA in Governance Voting added a layer of excitement and anticipation, as holders eagerly awaited the outcome and its implications for the token’s future trajectory. This development not only highlighted the versatility of $LEASH but also signaled a broader acceptance and integration of the token in practical applications, paving the way for sustainable growth and increased engagement within the crypto community.
On Sunday morning E.T., LEASH was trading at $492.45 with a 24-hour trading volume of $5,198,917. The Doge Killer is up 12.66% in the last 24 hours. Its market cap is at $52,375,890 with a circulating supply of 106,357 LEASH coins, based on the data from coinMarketCap.
With momentum building and excitement brewing, $LEASH’s journey toward broader adoption and utility is poised to make waves in the ever-evolving landscape of digital assets.
Disclaimer: Yona has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice.
The Shib Daily is an official media and publication of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.
