Shiba inu

Shiba Inu Lease Listed On New Exchange, Here’s Price Reaction

Contents

Crypto exchange Bitrue has announced the listing of a token that is part of the Shiba Inu trifecta – Doge Killer (LEASH). This SHIB ecosystem’s meme coin is ranked 385 on CoinMarketCap.

Marketing specialist @LucieSHIB, a key member of the Shiba Inu team, reacted to that news by saying, “Woof!” in his comment.

LEASH is listed on Bitrue, trading will start soon

According to a blog post published by Bitrue, trading for LEASH against the USDT stablecoin will begin tomorrow, July 12 at 10:00 am (UTC). Withdrawals will be activated on Thursday, July 13 at 10:00 AM (UTC).

Nevertheless, the price of LEASH has not responded positively to this news regarding the listing. The coin has been in a downtrend over the past few days, with a massive 27% drop since Sunday. At the time of this writing, Doge is killer changing hands at $424 against USDT on the OKEx crypto exchange.

LEASH was recently seen among the top-trending cryptocurrencies on the CoinMarketCap website alongside SHIB.

In a new blog post published recently, the pseudonymous Shiba Inu leader Shitoshi Kusama mentioned LEASH when talking about the SHIB ecosystem and Shiberium’s token.

Here’s what Leash, Bone, Shib mean for Shiberium

According to Kusama, LEASH “governs the security of the community and also provides exclusivity.”

SHIB will control the Shiba Inu community, the article continues, and the BONE token will control and power the community’s technologies – it will be used as a gas token once the Shiberium mainnet is released.

The mainnet is expected to be finally released after August 16th;×On this day, the eth Toronto conference will conclude in Toronto, and Shiba Inu will be one of the sponsors. As for the launch of the Layer 2 blockchain Shiberium, Lucichib tweeted yesterday that there is still no firm date for the launch, although the developer team is already very close to it.

However, according to a recent tweet by Lucy, Shiberium intends to go much further than just using these few core tokens. There will be hundreds of projects based on this Layer 2 solution, and several SHIB-branded projects will be published during the Eth Toronto conference.

source: u.today



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *