Shytoshi Kusama, the leader of Shiba Inu, has given a glimpse of an imminent announcement tailored specifically for holders of the LEASH token.
Earlier today, Kusama unveiled intentions to unveil something notable on Tuesday at 1 p.m. EST, with the following day seeing the introduction of a fresh utility for the Leash token.
Often dubbed the “Doge Killer,” the Leash token is one of the trio of native tokens within the Shiba Inu ecosystem, joining BONE and SHIB. Stakeholders of LEASH, when engaged on ShibaSwap, stand to reap substantial rewards.
According to CoinGecko, the current price of LEASH stands at $562.40, with its market capitalization hovering around $60.16 million.
Kusama’s hint has triggered mixed reactions within the community: while many eagerly anticipate the forthcoming announcement, some remain cautious, emphasizing the importance of Shiba Inu’s leadership delivering on their commitments.
The excitement is further fueled by the yet-to-be-released Shibarium layer-2 solution, initially slated for an August launch. As of August 13th, the mainnet launch of this enhancement, designed to boost transaction speed and reduce fees, is still pending. Despite the delay, the Shiba Inu team maintains their promotion of the “Summer of Shibarium,” suggesting more revelations might be on the horizon.
In a parallel development, the Shiba Inu team recently issued a call for cryptocurrency exchange KuCoin to list the BONE and LEASH tokens.