SHIB, LEASH Lead Pack in CMC Trends, Here's Reason

SHIB, LEASH claim top spots in CMC trends, here's possibly why ShibArmy SHIBCommunity $SHIB $LEASH CMCCommunity

Notably, SHIB and LEASH would be utilized in governance, unveiling new use cases for Shiba Inu ecosystem tokens. Shytoshi Kusama provided a summary of the new governance structure for the Shiba ecosystem in a blog post last week.

SHIB, LEASH, BONE and TREAT, the four main tokens of the SHIB ecosystem, would each have their own governance. Citing how they would be used in governance, Kusama stated:"Shib governs the community itself; Bone governs and supports technology in the community; Leash reigns over community protection and also provides exclusivity; and Treat governs and enhances community projects."

The governance use cases for both tokens may have prompted fresh interest in both tokens. In a July 6 tweet, Lucie urged the community to pay attention to LEASH as she shared a screenshot of Kusama, indicating that LEASH's governance was something big. Kusama also hinted at a potential launch date for Shibarium, most likely at the Blockchain Futurist conference, which will be held in Toronto this August. This might have also triggered interest in Shiba Inu ecosystem tokens. Discussions around Shibarium might have increased the social dominance of SHIB and LEASH.

SHIB and LEASH, along with tokens TREAT and BONE, will be utilized by the Layer 2 Shibarium blockchain.

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