TL;DR
- Given its substantial reputation within the meme coin house, Shiba Inu and its buyers have been focused in one other presumably painful rip-off.
- One X profile devoted to warning SHIB buyers and observers about potential threats has made a serious clarification that one of many tokens inside the ecosystem just isn’t obtainable on Solana.
SHIBARMY ALERT
There may be NO official $LEASH token on Solana.
Any model of a token not listed on our website is pretend and never a part of the Shiba Inu ecosystem.
Official information concerning our tokens and chain connections: https://t.co/PgwfMdDkRF
❌ Do NOT have interaction with… pic.twitter.com/KhpzNSJehy— Susbarium | Shibarium Trustwatch (@susbarium) August 15, 2025
The token in query is LEASH, which is the second within the Shiba Inu ecosystem, designed initially to be a rebase coin tied to the value of Dogecoin. This operate was turned off in a while, and now it continues for use as a easy ERC-20 token.
LEASH now has a market cap of simply over $9 million and is the 1864th largest on CoinGecko. Its value has tumbled by over 17% prior to now day alone to $85.
There have been circulating posts on-line claiming that LEASH has additionally moved to the Solana community, which isn’t true, in accordance with the warning by Susbarium. The X person prompted buyers to confirm all such claims utilizing Shiba Inu’s official token portal, which exhibits that LEASH continues to be deployed solely on Ethereum.
Shiba Inu, its buyers, and all of the tokens inside its ecosystem (SHIB, TREAT, BONE, and LEASH) are ceaselessly focused via comparable fraud makes an attempt resulting from their reputation.
SHIB is by far the largest and most well-known among the many relaxation. It’s the second-biggest meme coin by market cap, regardless of its 11% retracement prior to now month.
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