LEASH Supply: Total Tokens, Circulating Supply, and What It Means for Holders

When you hear LEASH, a crypto token originally launched as a spin-off of Shiba Inu with a fixed supply designed to mimic scarcity. Also known as Leash Token, it's not just another meme coin—it's a token with a hard cap that hasn't changed since day one. Unlike Shiba Inu, which flooded the market with quadrillions of tokens, LEASH started with just 107,646 tokens. That’s less than 0.1% of SHIB’s initial supply. This tiny number is why every single LEASH token carries weight. It’s not about volume—it’s about ownership concentration and scarcity.

That scarcity isn’t just a number. It’s tied to how the token was distributed. Most of the original LEASH supply went to early Shiba Inu holders as a reward, not to public sales or team wallets. That means the people who held SHIB back in 2020 got a small but meaningful chunk of LEASH for free. No ICO. No venture capital. No pre-sale. Just a direct airdrop to loyal supporters. That’s rare in crypto. And it’s why LEASH has stayed mostly in the hands of long-term holders, not speculators. You won’t find massive exchange listings or big whales dumping it daily. The supply is locked in, and the community knows it.

Compare that to Shiba Inu, the meme coin that inspired LEASH and has a circulating supply over 589 trillion tokens. SHIB’s value comes from volume and hype. LEASH’s value comes from restraint. One is a lottery ticket. The other is a collectible. That’s why LEASH’s price moves differently. It doesn’t need millions of buyers to spike—it just needs a few serious holders to believe. And that belief is backed by the fact that the supply hasn’t been inflated, burned, or redistributed. It’s fixed. Permanent. Unchangeable.

Then there’s Dogelon Mars, a token that also rode the meme wave but with a supply so massive it’s practically meaningless. Dogelon Mars has over 10^18 tokens in circulation. LEASH has about 10^5. The difference isn’t just in digits—it’s in philosophy. Dogelon Mars is designed to be cheap and accessible. LEASH is designed to be rare and respected. That’s why you’ll see LEASH listed alongside elite tokens in some DeFi protocols, even though it’s a meme coin at its core.

What does this mean for you? If you own LEASH, you’re not holding a token that’s going to be diluted by new minting. There’s no inflation. No team tokens unlocking next month. No emergency supply increases. The supply is done. The game is set. Your returns depend entirely on demand—and demand depends on whether people still believe in the story. That’s why LEASH doesn’t need flashy updates or new features. It just needs people who remember why it was created in the first place: to honor the original crypto community, not to chase the next pump.

Below, you’ll find posts that dig into how LEASH fits into the larger meme coin landscape, what happened to its original holders, and how its supply compares to other tokens that tried—and failed—to replicate its model. You’ll also see how scams try to mimic LEASH’s name, and how to spot the real token from fake clones. This isn’t about hype. It’s about understanding what makes a token valuable when the market forgets the noise.