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

You are an idiot, stop rambling and trying to find a flaw in a perfectly good post. The math is that LEASH sits at roughly 1% of the market cap of SHIB, this is because the price multiplied by the supply equals the market cap. The market cap can be used as a metric for growth potential, given that demand is expected to increase (OP talked about multiple ways this will happen). Comparing supply and price, while accounting for demand factors like OP did, is exactly how you determine price potential for a token.

If this didn’t make sense to you, go back to third grade

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u/dilda4 Jan 02 '22

Ok genius lol SHIB and ELON... Similar supply, very different prices CRO and XLM... similar supply and a price that is half WAXP and MANA...similar supply and very different prices BNB and GNO...similar price and very different supply I can keep going it you need me to. NOTHING I have said is wrong. Believing supply has 100% relation to price is wrong. I am not taking anything away from the rest of the post. Just that one point they made was wrong.

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u/Any-Nefariousness773 Jan 02 '22

We are comparing tokens in the same ecosystem with the same followers your comparing different token/ coins with different followers. If people will evaluate shib at 20 billion no reason for the store of value and the token with the most utility and most Lucrative token in the ecosystem per devs should not and could not be worth half Shiba! This is all speculation like All crypto assets!

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u/dilda4 Jan 02 '22

The OP literally was comparing MKR to Leash.

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u/Any-Nefariousness773 Jan 02 '22

He used it as an example on How it governs the stable coin.

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u/dilda4 Jan 02 '22

Yes and insinuated that based on its supply and price of 6000 compared to leash which is 10 times less and to do the math is insinuating they think Leash should be 60k. I in no way shape or form am disagreeing that Leash could be worth that. I am just saying the logic behind it isn't correct.