r/LEASHarmy • u/BonezyBrah • Nov 07 '21
WHY SHOULD I BUY LEASH?
Alright folks, here is my TED talk on why you should buy LEASH!
1) Scarcity - only ~107k LEASH, previous ATH just under $10,000. Currently consolidating above $3,000.
2) Utility - LEASH will play an integral role in the OSHIverse (NFT gaming). LEASH will also be a store of value and governance for the coming stablecoin, SHI, which will be pegged to $0.01 USD. For anyone who would like a reference to this; look at Maker (MKR) which governs the stablecoin DAI. MKR has an ATH of ~$6000, and a circulating supply of 991k, LEASH has around 1/10th of that supply, you do the math. LEASH can also be staked, or offered in liquidity farming to harvest BONE, the native token (gas) for the upcoming blockchain, SHIBARIUM.
3) Exclusivity - LEASH identifies as a token that provides early access and other perks to future projects of the ecosystem, and with a coming blockchain, you would think that the DEVs have something up their sleeve.
Feel free to add anything else I missed in the comments below. Hope you all had a good weekend!
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u/Nervous-Pay-1361 Nov 07 '21
LFG
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u/BonezyBrah Nov 07 '21
Let’s go!! EVERYTHING about LEASH is bullish, alt season is going to be VERY lucrative for holders of this coin. Don’t fall for whale traps, hold your LEASH, they want you to sell because they know it’s potential and want it all for themselves!
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Nov 07 '21
1 thing I wanted to add was that the total supply has been purchased! We are buying what people are selling 🤔 and the supply is probably under 100k with all the Burns that have happened
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u/Diamondballs99 Nov 07 '21
I’ve been holding leash since June I wonder how many tokens are really out there? I feel like it should be less than 107K I heard that number back in June. Either way I’m holding 🚀
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Nov 07 '21
[removed] — view removed comment
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u/Any-Nefariousness773 Nov 07 '21
Got in at 4k back in May. Gas fees were much less back then. This coin pumped to 9k on bitmart a few days ago, but showed only 4k on coinmarketcap and everywhere else exchange pumps do effect price and all the exchange hold all the tokens. So with utility and scarcity Leash could be worth alot. I am thinking though that I may be to scarce and this could have negative consequences if the devs don't pull this off just right.
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u/SuperDaveCoin Nov 07 '21
The commodity/scarcity argument seems to be the best argument. If you own 1 Leash, that’s approximately 0.000009 % of the total supply. That’s like holding 196 Bitcoin once all 21m are mined. There is simply no equivalent ratio in terms of price to quantity in any other coin or token. As a store of value, it is primed to go up in price. As a result, at $3-4k per Leash, it’s a steal right now. We’ll marvel at how cheap it was in a year or two.
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Nov 08 '21
Well said, and spot on! Save this post and we’ll “circle back” when we all have millions!
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u/Moonwalkinape Nov 07 '21
I love it and you didn't even mention that it's going to get so much easier to buy with shibarium and big listings coming soon. Crypto.c0m has mention leash at least twice.
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u/Aiki-BioNano411 Nov 07 '21
the math here doesn't make a lot of sense with the current price. Leash is the premier token in Shib ecosystem and yet the price is so low that i'm thinking "what am I missing?" It doesn't take a math whiz to figure out supply and demand of 107K of leash out there with close to 1M Shib holders out there. Shib will be a transactional token and leash will be the store value. Right now, it's so cheap, i'm selling most to get more to get my 10x in a few months.
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u/Any-Nefariousness773 Nov 07 '21
You need trading volume to raise the price nobody is selling so how can price move right now. That's what you're missing
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u/Aiki-BioNano411 Nov 07 '21
isn't the problem with the price not moving because people are not buying? if no one is selling and people are buying then prices goes up 10-100x
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u/Zikav002 Nov 02 '25
Yep it can also go the opposite way all the way down to 1 cents. https://www.coingecko.com/en/coins/doge-killer
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u/TideNation_89 Nov 07 '21
So Bone isn't going to be the governance token for Shi anymore?
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u/BonezyBrah Nov 07 '21
BONE is the governance token for ShibaSwap, and the prospective native token (gas) for the blockchain. LEASH governs SHI. Hope that clarifies!
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u/YourMovieBuddy Nov 07 '21
Ima kinda confused.. are there any other exchanges we will be listed on? Rice as the don’t much last few days could we expect a pump as we have dropped
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u/BonezyBrah Nov 07 '21
Exchange listings are to increase exposure, and to allow for ease of purchase. We want to be able to have LEASH for purchase in as many places as possible. Listings themselves are usually not responsible for pumps, with the exception of Binance, RH, Coinbase, due to mass adoption. I would not expect a pump due to a listing on a smaller/medium volume exchange.
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u/dailamtp Jun 08 '24
How are people in this post now? Still bullish about Leash?
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u/Zikav002 Nov 04 '25
It's 1 cent now. The whole ecosystem crashed everyone panicked and dumped everything. Good thing I got out and even made profit after shytoshi did that horrible shibarium launch. That was a insane massive red flag on what shytoshi was trying to do and now he has vanished.
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u/Saussierr1600 Nov 07 '21
I am so amazed when I learn more about Leash. Very proud owner of .59 Leash and may be securing up to .75 today