Shiba Shootout (SHIBASHOOT) is racing towards the $1 million milestone in its initial coin offering (ICO).
With its meme vibe and crypto rewards system, Shiba Shootout is drawing comparisons to Notcoin (NOT).
But can SHIBASHOOT replicate NOT’s success and become the next big meme coin sensation?
What Is Shiba Shootout?
First, let’s dive into what Shiba Shootout is all about.
It’s a P2E mobile game with a Wild West theme, set in a virtual town called Shiba Gulch.
Available on Google Play and the App Store, with a Web3 version in the works, it’s more than just a game – it’s an ecosystem built around the native SHIBASHOOT token.
Players can earn SHIBASHOOT through in-game activities, including poker tournaments and virtual treasure hunts.
There’s also a leaderboard system that rewards top players with bonus tokens and rewards.
But the earning potential doesn’t stop there.
Shiba Shootout also has a staking system called “Cactus Staking,” which allows players to earn passive income from their SHIBASHOOT tokens.
And for those feeling lucky, there’s a “Lucky Lasso Lottery” system with even bigger prizes up for grabs.
Excitingly, Shiba Shootout’s ecosystem goes beyond just gaming and staking.
SHIBASHOOT token holders will also have voting rights in the project’s governance, giving the community a say in future developments.
All of this makes Shiba Shootout’s ecosystem unlike anything else on the crypto market right now.
Shiba Shootout’s Wild West ICO Goes Viral
Shiba Shootout’s ICO is picking up steam – and investors are taking notice.
The ICO has raised over $790,000 and is fast approaching the million-dollar mark.
That’s an impressive milestone for such a new meme coin.
Currently, early investors can buy SHIBASHOOT tokens for $0.0196 each.
But this price will rise over time, rewarding the earliest investors with a lower entry point.
According to Shiba Shootout’s whitepaper, 35% of the total token supply (770 million SHIBASHOOT) is up for grabs in the ICO.
And the developers plan to use the rest of the tokens for staking rewards, marketing, development, liquidity, and the “Rootin’ Tootin’ Shooter Fund.”
For the HODLers out there, there’s also an innovative “Savings Saddlebags” feature.
This feature encourages long-term investment by auto-stashing a portion of each investor’s tokens.
Post-ICO, Shiba Shootout’s team has big plans.
They’re aiming for both DEX and CEX listings, with the potential for a major exchange debut later this year.
Considering SHIBASHOOT’s smart contracts have already been audited by SolidProof, adding more security, this Wild West ICO is not to be missed.
Shiba Shootout vs. Notcoin – Which Will Come Out On Top?
Could Shiba Shootout be the next Notcoin?
That’s the big question as this new meme coin continues gaining traction.
While both projects have drawn praise, they offer very different approaches.
Notcoin, with its simple Click-to-Earn game on the TON blockchain, attracted over 650,000 users in its first few weeks.
On the other hand, Shiba Shootout is entering uncharted territory with a P2E game set in the Wild West – and some seriously unique features.
This game, hyped up by endorsements from big-name YouTubers like ClayBro and Michael Wrubel, is Shiba Shootout’s main selling point.
Adding to the project’s appeal is that it now has a thriving community on Telegram.
Beyond all this hype, Shiba Shootout has features you won’t find in Notcoin, like staking rewards and a referral program.
Its gameplay loop also promises to keep players hooked in the long term.
So, while it’s too early to say if Shiba Shootout will match Notcoin’s rise, it’s definitely on the right path.
The real showdown will happen later this year when SHIBASHOOT hits the open market for the first time.
For now, all eyes are on the project’s ICO as it nears the $1 million mark.