Doge Killer

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Discover Doge Killer's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Doge Killer?

Doge Killer (LEASH) is a decentralized digital currency operating on the Ethereum blockchain within the Shiba Inu (SHIB) ecosystem. It has a limited supply of 107,646 tokens, making it rare and valuable. LEASH offers utility as collateral for loans and potential profits through trading and yield farming programs. Its unique features and scarcity have attracted investors seeking to support the Shiba Inu ecosystem.

How is Doge Killer used?

Doge Killer (LEASH) is a cryptocurrency token on the Ethereum platform, associated with the Shiba Inu Project. It was originally designed to be a rebase token pegged to Dogecoin's price but has since been unleashed and will not rebase. The primary purpose of LEASH is to increase demand for SHIB tokens by offering potential rewards to investors who hold LEASH. The specifics of these rewards have yet to be disclosed, but the SHIB community may have a say in deciding the rewards program.

LEASH can be used on the decentralized exchange, ShibaSwap, which offers benefits such as low fees and potential rewards for liquidity providers. It can also be traded for other cryptocurrencies, such as USDT or ETH, on various exchanges like BitMart, Gate.io, and LBank.

To use LEASH, you can follow these steps:

  1. Create an account: Open an account on a suitable exchange, such as Coinbase or Binance, and complete any necessary identity verification steps.

  2. Choose a funding method: Select a payment method, such as a credit card, bank deposit, or third-party payment channel, to purchase LEASH.

  3. Buy LEASH: Use your chosen funding method to buy LEASH on the exchange.

  1. Transfer to a wallet: Once purchased, you can transfer LEASH to a personal cryptocurrency wallet like Metamask Wallet for additional security and flexibility.

By holding LEASH, investors gain access to the SHIBARIUM ecosystem and can potentially benefit from rewards and trading opportunities within the ecosystem.

How do I store Doge Killer?

To store Doge Killer (LEASH) tokens, it is recommended to use a reliable hardware or software wallet. Non-custodial wallets like Arctic Wallet provide full ownership over your funds and private keys, ensuring that you have complete control over your LEASH tokens. This is in contrast to exchange wallets, which may restrict trading activities and lock your funds anytime.

How to buy Doge Killer?

To buy Doge Killer (LEASH) tokens, follow these steps:

  1. Create an account on a cryptocurrency exchange:

    • Choose a reliable exchange that supports LEASH, such as BitMart, Gate.io, LBank, or Crypto.com Exchange.
    • Sign up by providing necessary information, including your email address and a secure password.
    • Complete any required identity verification steps.
  2. Choose a funding method:

    • Exchanges offer various payment methods, including credit/debit cards, bank deposits, peer-to-peer trading, and third-party payment channels.
    • Select a method that suits you and follow the exchange's instructions to add funds.
  3. Buy Doge Killer (LEASH):

  • Navigate to the exchange's Buy & Sell section and select LEASH as the cryptocurrency you want to buy.
  • Choose the payment method and complete the purchase.
  1. Transfer LEASH to your wallet (optional):
    • You can hold LEASH in your exchange account or transfer it to a personal cryptocurrency wallet for additional security and flexibility.
    • Consider using a wallet like Metamask, which supports millions of assets and blockchains.

Alternatively, you can also buy LEASH through a decentralized exchange (DEX) by connecting your crypto wallet and using a supported payment method.

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History of Doge Killer

Doge Killer (LEASH) is a cryptocurrency token associated with the Shiba Inu Project. It was launched in September 2020 and initially intended to be a rebase token pegged to Dogecoin’s price. However, it has since been "unleashed" and no longer rebases.

Historically, the price of Doge Killer has experienced significant fluctuations. The first recorded exchange rate was $2,042 in July 2021. The lowest price it reached was $251.48 in February 2024, while its highest price was $4,101 in November 2021. The best year for Doge Killer was 2024, with an average price of $408.82.

Doge Killer has a relatively small market capitalization compared to other cryptocurrencies. Its market cap has varied over time, but it has generally remained below $50 million. The token has a circulating supply of around 107,000 LEASH, with a maximum supply of 107,536 LEASH.

Despite its volatility, Doge Killer continues to be traded actively, with a daily trading volume often exceeding $1 million. Its price is influenced by various market factors, including supply and demand dynamics, overall market sentiment, and macroeconomic conditions.

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How Doge Killer works

Doge Killer (LEASH) is a cryptocurrency that operates within the Shiba Inu ecosystem. It is an ERC-20 token, which means it is built on the Ethereum blockchain. LEASH is designed to provide exclusive benefits and access to its holders, making it a unique and valuable token among dog-themed cryptocurrencies.

Key Features
  • Low Supply: LEASH has a limited total supply of only 107,646 tokens, which contributes to its high value compared to other dog coins that often have much larger supplies.
  • Exclusive Perks: Holding LEASH tokens grants access to various features and services within the Shiba Inu ecosystem, such as staking, buying NFTs, and acquiring land in the SHIB metaverse.
  • Governance: Although LEASH is not the governance token, it is closely tied to the Shiba Inu ecosystem, which uses Bone ShibaSwap (BONE) as its governance token for voting on proposals in the Doggy DAO.
Usage
  • Staking: LEASH can be used for staking, allowing holders to earn rewards and participate in the ecosystem.
  • NFTs and Metaverse: LEASH can be used to purchase NFTs and acquire land within the SHIB metaverse, providing a unique experience for dog coin enthusiasts.
  • Exclusive Access: LEASH holders gain access to exclusive services and features within the Shiba Inu ecosystem, making it a valuable token for those invested in the project.
Acquisition
  • Centralized Exchanges: LEASH can be purchased directly on centralized exchanges like Crypto.com and KuCoin, which offer a user-friendly interface and various payment methods.
  • Decentralized Exchanges: LEASH can also be bought on decentralized exchanges (DEXs), which provide more privacy and direct connections with sellers. However, DEXs often require more technical knowledge and the use of self-custodial wallets.
  • Crypto Wallets: Some crypto wallets support direct purchases of LEASH, allowing users to buy the token directly through their wallet applications.

Overall, Doge Killer (LEASH) is a promising token for those interested in the Shiba Inu ecosystem, offering exclusive benefits and access to unique features within the dog-themed cryptocurrency space.

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Doge Killer's strengths

The Doge Killer (LEASH) token has several strengths that contribute to its potential success:

  1. Limited Supply: LEASH has a total supply of only 107,647 tokens, which can lead to a faster price appreciation compared to tokens with larger supplies, such as Shiba Inu (SHIB).

  2. Social Media Influence: The Shiba Inu ecosystem, including LEASH, has a significant social media presence, which can drive up demand and prices. The token's popularity on social platforms has already led to significant price increases.

  3. Staking and Governance: LEASH holders can stake their tokens to earn xLEASH, which is a share of the staking pool. This incentivizes holders to participate in the ecosystem and can stabilize the token's price.

  1. Support from Other Tokens: The Shiba Inu (SHIB) and Bone ShibaSwap (BONE) tokens act as supporting pillars to LEASH, helping to stabilize and increase its price due to their large following.

  2. NFT Integration: The upcoming launch of Shiboshi NFTs, which can only be bought with LEASH initially, is expected to boost the token's trading volume and price.

  3. Ethereum 2.0 Upgrade: As the Shiba ecosystem operates on the Ethereum blockchain, the upcoming ETH 2.0 upgrade can have a positive impact on the price of LEASH and other tokens within the ecosystem.

These factors collectively contribute to the token's strengths and potential for growth.

Doge Killer's risks

Doge Killer (LEASH) carries several financial risks that investors should be aware of before investing in this cryptocurrency.

Risk Analysis

The risk analysis of Doge Killer is based on various factors, including market sentiment, historical data, and technical indicators. According to InvestorsObserver, the token has a medium Risk/Reward Score, indicating that it can be manipulated by market forces and is subject to price volatility. This volatility can result in significant losses if not managed properly.

Market Risks

Market risks are inherent in any investment, and Doge Killer is no exception. The cryptocurrency market is known for its unpredictability, and prices can fluctuate rapidly. As seen in the technical analysis, Doge Killer's price has changed by -4.91% over a 24-hour period, demonstrating the potential for sudden drops in value.

Liquidity Risks

Liquidity risks are also a concern for Doge Killer investors. The token's market capitalization and trading volume can impact its liquidity, making it difficult to buy or sell the token quickly and at a fair price. This can be particularly problematic during times of high market stress or sudden price movements.

Regulatory Risks

Regulatory risks are another important consideration. As the cryptocurrency market continues to evolve, governments and regulatory bodies are increasingly scrutinizing digital assets. Changes in regulations or laws could negatively impact Doge Killer's value or even render it unusable in certain jurisdictions.

Technical Risks

Technical risks are also present, particularly in the context of the Ethereum blockchain on which Doge Killer operates. Issues with the blockchain, such as network congestion or security breaches, can affect the token's functionality and value.

Investment Risks

Investment risks are inherent in any asset, including Doge Killer. The token's value can drop due to various factors, including changes in market sentiment, competition from other cryptocurrencies, or internal issues within the SHIBARIUM ecosystem. Investors should carefully assess their risk tolerance and financial goals before investing in Doge Killer.

In summary, Doge Killer (LEASH) carries a range of financial risks, including market volatility, liquidity issues, regulatory changes, technical problems, and investment risks. It is essential for investors to thoroughly understand these risks and manage them effectively to minimize potential losses.

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Did Doge Killer raise funds?

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Doge Killer’s team

  • Ryoshi: The anonymous founder or group behind Doge Killer (LEASH) and Shiba Inu (SHIB), known for creating these tokens with the aim of rivaling Dogecoin.

Whalee AI

The fundamental analysis assistant for crypto value investors.

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