Crypto investors can’t get enough of Play-to-Earn (P2E) games.
And Notcoin’s (NOT) 500%+ surge earlier in the year was further evidence that the sector is hotter than ever.
Now, all eyes are on the new Shiba Shootout (SHIBASHOOT) project – with many believing it could be the next runaway hit once its presale wraps up.
From Tap-to-Earn to Riches – Notcoin’s 500%+ Surge
Notcoin was the talk of the crypto market earlier this year.
This project took the “Tap-to-Earn” concept and ran with it, turning a simple Telegram game into a goldmine.
Players could tap away at a virtual coin – and rack up tokens as a reward.
NOT officially hit the market on May 16th, and at first, things looked shaky.
But then, a bull run took hold.
From May 23rd to June 2nd, NOT went on a tear, surging over 500%.
It eventually peaked at $0.028 per token, which gave it a market cap of over $2.6 billion.
So, what sparked this crazy run?
It was down to Notcoin’s mix of viral gameplay, social media buzz, and a dose of FOMO.
Newcomers were able to get their first taste of crypto, seasoned traders took advantage of a unique opportunity, and everyone wanted in on the action.
It was simple, fun, and incredibly profitable for many.
Shiba Shootout Enters the P2E Arena Where Notcoin Left Off
Since hitting that high in early June, Notcoin has been on a slide.
The hype cooled off, and reality set in.
Enter Shiba Shootout.
This new P2E project is going viral, and it’s got that familiar “next big thing” buzz around it.
Instead of just tapping a coin, players can get involved in a Wild West-themed shootout game.
It’s like they took the simplicity of Notcoin and dialed it up a notch.
People are so excited about Shiba Shootout because there’s actual gameplay on offer.
A basic version of the “Shiba Sharpshooter” game is currently available on Google Play and the App Store, with a Web3 version in the works.
This version, set to be released later this year, will allow players to earn SHIBASHOOT tokens in-game.
However, there’s more than just this P2E game.
Shiba Shootout also has a “Cactus Staking” feature for passive rewards and a “Lucky Lasso Lottery” boasting huge jackpots.
Plus, the project is also wrapped in a hilarious Shiba Inu aesthetic that has proved popular for countless meme coins.
Is Shiba Shootout the Next Crypto P2E Game to Explode?
Shiba Shootout’s team has already raised over $930,000 in the project’s presale.
Right now, SHIBASHOOT tokens are on offer for just $0.0199 each.
With a capped supply of 2.2 billion tokens, that gives SHIBASHOOT a fully diluted market cap of around $43.7 million.
In crypto terms, that means there’s a ton of room to grow.
To put it in perspective, if SHIBASHOOT pulled off a Notcoin-style 500% increase, we’d be looking at a market cap of $218.5 million.
For a meme coin with actual utility, that’s definitely possible.
And here’s the exciting part – Shiba Shootout is already building a solid community online.
The project’s Telegram channel has over 4,900 members, while the official Twitter account boasts 1,800 followers.
If this momentum continues, Shiba Shootout will have huge backing once it hits the open market.
YouTuber ClayBro thinks so.
In a video released yesterday, he said that SHIBASHOOT could “make millionaires.”
So, will Shiba Shootout be the next P2E crypto game to explode?
There’s no way of knowing right now, but all signs point to the project having some serious long-term potential.
