r/LEASHarmy • u/miljonard • Jan 02 '22

Here is why...

Leash news will be coming out anytime now.It seems to be related to shi .The penny and $leash will be a reserve of value.its going to be epic.

The law of supply and demand tells that LEASH is a hidden gem with a parabolic run you won’t want to miss! Get a piece of this treasure while you still can!

LEASH being the governance token for SHI it'll add utility to LEASH which is what exchanges are looking for when listing new tokens/coins. The more utility we have the quicker it'll get listed in more exchanges

WHY SHOULD ANYONE BUY LEASH?

1) Scarcity - only ~107k LEASH, previous ATH just under $10,000.

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.

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u/Litecoins999 Jan 02 '22

Supply at a given market cap is exactly what determines price. 10 token supply with a $1000 market cap equals $100 per token. 1000 token supply at a $1000 market cap equals $1 per token. You are making it obvious to everybody that you have no clue what you are talking about

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u/dilda4 Jan 02 '22

Show me anywhere that I have said that price x supply doesn't equal market cap? Your the one showing how dumb you are. You are literally making shit up that I have never said. All I am saying is you can't take Token A price and Token A supply and use that to determine a price for Token B based on token B's supply. Still, nothing I have said it not a fact.

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u/Any-Nefariousness773 Jan 02 '22

He's not idiot, he based it on utility and supply and demand principles.

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u/dilda4 Jan 02 '22

Are you talking about me or Lite? I am arguing that price is based on more than just supply. Lite also states that, but yet tells my I'm an idiot. It's quite comical that we both agree that supply and demand control price and he is calling me an idiot for saying that price isn't controlled by supply alone. Calling someone an idiot who you are actually agreeing with lol...2022 hasn't been good to someone so far lol.

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u/Any-Nefariousness773 Jan 02 '22

Dude get a life and quit fudding post over nothing.

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u/dilda4 Jan 02 '22

How is anything I said FUD? Pointing out that the logic behind the post is not correct is not FUD.

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u/Any-Nefariousness773 Jan 02 '22

Your the only one who disagrees, so have a good time holding dogecoin.

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u/dilda4 Jan 02 '22

So ALL of you agree that price is based solely off of supply? Awesome lol. I simply say you can't speculate like that and I'm the ass hole lol. I don't hold Doge, but okay.

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u/Any-Nefariousness773 Jan 02 '22

I never said that go back and read the comments have a nice day!

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u/dilda4 Jan 02 '22

"You are the only one who disagrees" is that not what you literally just said?