Doge Killer (LEASH) is a high-profile cryptocurrency born from the Shiba Inu ecosystem, designed to challenge Dogecoin’s dominance in the meme coin space. Launched in April 2021 on Uniswap, LEASH initially debuted around ¥60,000 per token. Within two months, its price surged to an astonishing ¥514,505 before settling in the ¥40,000 range in recent years. With an extremely limited supply and deep integration into the Shiba Inu metaverse and DeFi platform Shibaswap, LEASH stands out as one of the most unique digital assets in the crypto world.
This guide explores everything you need to know about Doge Killer (LEASH), including its core features, utility within the Shiba Inu ecosystem, how to purchase it, staking methods, price history, and long-term potential.
What Is Doge Killer (LEASH)?
Doge Killer (LEASH) is a deflationary cryptocurrency and a key component of the Shiba Inu ecosystem. Unlike traditional meme coins with massive supplies, LEASH has a fixed total supply of only 107,646 tokens, making it exceptionally rare and valuable on a per-unit basis.
| Attribute | Value |
|---|---|
| Token Name | Doge Killer |
| Symbol | LEASH |
| Total Supply | 107,646 tokens |
| Blockchain | Ethereum |
| Launch Date | April 2021 |
| Initial Platform | Uniswap |
Originally intended to be a rebasing token—where supply adjusts automatically to stabilize price—the development team pivoted early on, opting instead for scarcity-driven value. This decision led to explosive price action during the 2021 bull run.
LEASH exists alongside two other major tokens in the Shiba Inu network:
- SHIB – The primary meme token with a 1 quadrillion supply
- BONE – The governance token used for voting and protocol upgrades
Together, these three tokens power the broader Shiba Inu ecosystem, which includes decentralized finance (DeFi), NFTs, and an evolving metaverse.
Key Features of Doge Killer (LEASH)
1. Extremely Limited Supply Mechanism
The most defining feature of LEASH is its ultra-low total supply—just over 107,000 tokens. This scarcity model contrasts sharply with other meme coins like SHIB or DOGE, which have trillions or unlimited supplies.
This limited availability creates strong competitive demand among investors and collectors, contributing to LEASH’s high individual token value despite lower overall market cap compared to larger-cap cryptos.
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2. Integral Role in the Shiba Inu Ecosystem
LEASH isn’t just a speculative asset—it plays an active role in the Shiba Inu ecosystem:
- Used for staking rewards on Shibaswap
- Contributes to liquidity pools (e.g., LEASH/ETH pairs)
- Offers access to exclusive NFT drops and metaverse experiences
- Enhances user engagement through yield-generating opportunities
Its integration ensures that holders aren’t just passive investors but participants in the network's growth.
3. Utility on Shibaswap (Decentralized Exchange)
Shibaswap is the native decentralized exchange (DEX) of the Shiba Inu project. LEASH holders can:
- Stake LEASH individually for passive income
- Provide liquidity by pairing LEASH with ETH or other tokens
- Earn a share of transaction fees from trades
This makes LEASH a functional DeFi asset rather than just a meme-driven token.
4. Connection to the Shiba Inu Metaverse
LEASH is increasingly linked to the Shiba Inu Metaverse, a virtual world where users interact via avatars, own digital land, and participate in gamified experiences.
By staking or using LEASH, users gain:
- Priority access to rare Shiboshi NFTs (only 10,000 exist)
- Eligibility for virtual land purchases
- Participation in community events and governance
As the metaverse expands, LEASH could become a critical utility token for immersive digital experiences.
5. Availability on Major Global Exchanges
While not available on most Japanese exchanges, LEASH is listed on several reputable international platforms:
- Binance
- Bybit
- OKX
- Gate.io
- Huobi Global
- MEXC
- Uniswap
- PancakeSwap
- 1inch
This wide availability ensures global accessibility for traders and investors.
How to Buy Doge Killer (LEASH)
Since LEASH cannot be purchased directly with JPY on domestic Japanese exchanges as of 2025, buying it requires a two-step process via overseas platforms.
Step 1: Buy Ethereum (ETH) on a Japanese Exchange
Start by purchasing ETH using JPY on a trusted domestic exchange:
- bitFlyer: High security, 19+ trading pairs
- Coincheck: Top-rated app, beginner-friendly
- DMM Bitcoin: Low fees
- BitTrade: Largest altcoin selection in Japan
After completing KYC verification (using ID such as passport or driver’s license), deposit JPY via bank transfer or convenience store payment. Then buy ETH—add ~20% extra for gas fees when transferring.
Step 2: Open an Account on Bybit
Bybit supports Japanese language and accepts users from Japan. To sign up:
- Visit Bybit’s website
- Enter your email and create a password
- Complete KYC verification with ID upload
- Enable two-factor authentication (2FA)
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Step 3: Transfer ETH and Swap to LEASH
- On Bybit, go to “Deposit” > select ETH > copy your deposit address
- On your Japanese exchange, send ETH to this address
- Wait for confirmation (usually under 5 minutes)
- Once credited, navigate to the trading page and search for LEASH/USDT or LEASH/ETH
- Place your buy order based on desired amount
You now own LEASH and can hold, trade, or transfer it to a personal wallet.
How to Stake LEASH on Shibaswap
Staking LEASH allows you to earn passive income directly from the Shiba Inu ecosystem.
Step-by-Step Guide:
- Set Up a Compatible Wallet
Use MetaMask or WalletConnect—both support Ethereum-based tokens like LEASH. - Acquire LEASH Tokens
Buy LEASH via Shibaswap, Uniswap, or a centralized exchange and send it to your wallet. - Connect Wallet to Shibaswap
Go to shibaswap.org, click “Connect Wallet” in the top-right corner, and select your wallet provider. - Navigate to Stake Tokens Section
Find the “Stake Tokens” dashboard and locate LEASH. - Enter Amount & Confirm
Input how many LEASH you want to stake, then click “Stake.” Confirm the transaction in your wallet (gas fees apply). - Earn Rewards Over Time
Your staked LEASH will generate yield, distributed periodically in SHIB, BONE, or other rewards.
Price History and Performance
LEASH launched at approximately ¥60,000 in April 2021 and reached its all-time high of ¥514,505 on June 28, 2021—a nearly 8x increase in just two months.
Following broader crypto market downturns:
- Dropped to ~¥40,000 after Terra collapse (May 2022)
- Hit a low of ¥35,661 after FTX crash (November 2022)
- Has since stabilized around ¥40,000–¥45,000
Despite current prices being significantly below ATH, the upside potential remains strong due to scarcity and ecosystem development.
Future Outlook for Doge Killer (LEASH)
According to long-term forecasts from TechNewsLeader (U.S.-based crypto analysis site), LEASH could see substantial growth over the next decade:
| Years Ahead | Price Multiplier |
|---|---|
| 1 year | 1.8x |
| 5 years | 5.3x |
| 10 years | 23.7x |
These projections suggest that if adoption increases and the Shiba Inu metaverse gains traction, LEASH could surpass its previous all-time high and deliver significant returns.
Core drivers include:
- Ongoing development of Shibaswap and DeFi tools
- Expansion of the Shiba Inu metaverse
- Growing demand for rare digital assets
- Increasing institutional interest in niche cryptocurrencies
Frequently Asked Questions (FAQ)
Q: Is Doge Killer (LEASH) a good investment?
A: LEASH carries higher risk due to volatility but offers unique value through scarcity and ecosystem utility. It may suit investors seeking exposure to innovative meme-based projects with real-world use cases.
Q: Can I buy LEASH with Japanese yen directly?
A: No direct JPY pairs are available on domestic exchanges. You must first buy ETH or USDT and transfer it to an international exchange like Bybit or OKX.
Q: How does LEASH differ from SHIB?
A: While both are part of the Shiba Inu ecosystem, SHIB has a massive supply (1 quadrillion) and functions more like a payment token. LEASH has only ~107k supply and serves as a premium staking and utility token.
Q: What gives LEASH its value?
A: Scarcity, staking rewards, metaverse integration, and community-driven development contribute to its value proposition beyond mere speculation.
Q: Where should I store my LEASH safely?
A: After purchase, consider transferring LEASH to a non-custodial wallet like MetaMask or Ledger for enhanced security.
Q: Could LEASH replace Dogecoin?
A: While branded as “Doge Killer,” it's less about replacing DOGE and more about offering an alternative with advanced features like staking and DeFi integration within a growing ecosystem.
Final Thoughts: Is Doge Killer (LEASH) Worth Watching?
Doge Killer (LEASH) represents a fascinating evolution in the meme coin narrative—transforming from pure internet humor into a functional asset within a scalable blockchain ecosystem. Its ultra-low supply sets it apart from nearly every other cryptocurrency, while its role in Shibaswap and the Shiba Inu metaverse adds tangible utility.
For forward-thinking investors interested in digital scarcity, DeFi innovation, and immersive web3 experiences, LEASH offers compelling potential.
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