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Shiba Inu Steps Into the Metaverse, LEASH Token Soars

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Supply: AdobeStock / Anne

 

The value of LEASH, a token within the Shiba Inu (SHIB) ecosystem, jumped by practically 50% at present after the staff behind it introduced its plans to construct a digital world – a metaverse – and mentioned LEASH holders would be the first to get entry to new digital land because it turns into out there.

As of 12:19 UTC, LEASH token traded at USD 1,866, up by 49% for the previous 24 hours and 129% for the previous 7 days. In the meantime, Shiba Inu’s authentic SHIB token stood at USD 0.0000318, down by 3% for the day and up by 46% for the week.

LEASH 7-day worth chart. Supply: Coingecko.com

“The Metaverse is ready to be one of many largest areas inside crypto for a lot of to take pleasure in,” the staff behind Shiba Inu wrote on its weblog, including that, “like all the pieces Shib does, we are going to lead this Metaverse sector.”

Like a number of different well-known crypto-based digital worlds, together with The Sandbox (SAND) and Decentraland (MANA), Shiba Inu’s metaverse may have digital land on the market.

The “Shiba Lands” shall be out there for buy or auctions with LEASH tokens “actually quickly,” the weblog put up mentioned, explaining {that a} queue system is being labored on for patrons to make sure that neighborhood members who maintain LEASH tokens get early entry.

Moreover, the staff additionally mentioned it’s engaged on an “anti-dump system” for LEASH tokens. The system is meant to “defend LEASH holders,” the staff mentioned, with out going into additional specifics.

“Proudly owning a chunk of Shiba Actual Property will carry an array of advantages! We aren’t stopping, that is just the start,” the Shiba Inu staff wrote.

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