As the Summer of Shibarium for Shiba Inu continues to cause quite a stir, excitement is bubbling up for the upcoming Q3 Shibarium launch. Amid this anticipation, SHIB is clawing its way upwards again, fueled by thrilling news about new utilities for LEASH holders. For the uninitiated, LEASH token often known as Doge Killer, holds a prominent place in the Shiba Inu ecosystem as ShibaSwap DEX’s native utility token.
Things are heating up this week with not one, but two significant updates to the LEASH token. One of them is an ‘exclusive exclusive’ – a mysterious feature accessible exclusively to the exclusive tier of LEASH holders. The other update comes on Wednesday, introducing a fresh utility for LEASH. While speculations escalate about the surprise updates, the price action for SHIB, the ecosystem’s native token, is experiencing a buoyant uptick.
Here’s an important question: Is it too late to invest in Shiba Inu, considering the imminent updates to LEASH? As markets prepare themselves for these updates, SHIB’s price trading at $0.00001053 signifies a +2.64% change within 24 hours. This comes after a favorable month for SHIB, boasting a +24% increase since the beginning of August, as markets gear up for the Q3 Shibarium update – a layer-2 scaling solution for the Shiba Inu ecosystem.
Recently, SHIB seems to have found consistent support from an ascending 20DMA to reclaim significant support from the 200DMA on August 11 – a pivotal moment indeed. However, there is a note of caution. The RSI has been indicating an alarming overbuy signal at 67.82 following the recent upside move. On the contrary, the MACD does provide some relief, spotting a bullish divergence at 0.00000015, reflecting the momentum from the past fortnight.
Simultaneously, as SHIB takes a breather, investors are having their eyes set on an emergent crypto trading platform, offering the potential to supercharge your portfolio with opportunities like LEASH.
Meet Launchpad XYZ (LPX), an innovative platform that’s redefining access to Web 3.0 with user-friendly tools, insights, and analytics. At its core, it’s the $LPX token – staking a minimum of 10,000 tokens comes with several perks, including reduced fees, early access to NFT mint whitelists and presales, beta play-to-earn game launches, and covetable community prestige badges.
This strategic plan to list LPX on major cryptocurrency exchanges is expected to boost the token’s demand. After it introduces its primary features within Q3 2023, a substantial user adoption for Launchpad XYZ is forecasted. With a maximum token supply of 1 billion, $LPX will make its debut on crypto exchanges later this year with a fully diluted market cap of $70 million. As it builds an inclusive Web3 ecosystem, the $LPX token is emerging as an exciting opportunity for investors. It’s a platform that is breaking new ground in the fast-changing crypto sphere. For increased immersion, future developments include a marketplace for fractionalized assets, a Trading Edge Game, and creator tools for brands.
To conclude, Launchpad XYZ cannot be ignored by investors in 2023, given its potential for substantial growth. Therefore, for those exploring the latest Web3 presale projects, Launchpad XYZ provides an opportunity worth delving into. Please be aware, crypto investments come with high risks, and this information is merely informative, not an investment advice.
Source: Cryptonews
