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Minu and PeiPei Continue to Surge as Shiba Shootout ICO Raises $500K

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It has been an eventful 24 hours for the meme coin sector. While some projects are in the red, numbers like Minu and PeiPei have advanced their campaigns to become top-tier projects.

Meanwhile, the new Shiba Shootout meme coin has raised over $600K through its ongoing presale – could this be the next crypto to explode?

Minu and PeiPei Emerge as Top Gainers Despite Market Standstill

In an unwavering display of strength, Minu and PeiPei have continued racking impressive gains today.

The total crypto market cap is down 0.17% today, while the meme coin market cap has notched a 1.1% gain.

However, standout projects Minu and PeiPei have jumped 12% and 6% respectively.

But that doesn’t tell the full tale.

Minu has bagged a whopping 26% increase this week, and PeiPei has enjoyed an even stronger performance, up 81%.

And these gains stretch even further back for PeiPei.

Since CoinMarketCap began tracking its price data on 5 June, the project is up a jaw-dropping 670%.

So, with both these projects showing significant strength, will they continue to outperform the market? Let’s explore what analysts think.

Starting with Minu, prominent trader Crypto Catalysts is bracing for a consolidation period around before a parabolic breakout in late August.

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Based on the analyst’s chart, Minu could advance toward $0.0000018 in the aftermath. From its current price, that reflects approximately a 5x gain.

Moving to PeiPei, the project has been widely embraced as a prospect that could rival the top meme coins.

Analyst Romeo highlighted that Davinci Jeremie anticipates a $5 billion market cap for PeiPei.

Jeremie is an early Bitcoin investor known for calling meme coins like Pepe, Bonk, and Poke early.

Should this $5 billion price target come to fruition, it would equate to a staggering 39x from PEIPEI’s current $127 million market cap.

Meanwhile, there’s a budding confidence that crypto prices across the board will recover soon.

So it seems everything is falling into place for these meme coins to have continued success.

Another project with a promising future is Shiba Shootout. Currently in its presale, investors can buy in at the lowest-ever price.

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New Meme Coin to Watch: Shiba Shootout Presale Starts with a Bang

With the Shiba Shootout presale raising over $600K, it’s fair to say investors are taking note of this Shiba Inu remodel.

The project encapsulates crypto’s position on the technological frontier by adopting a Wild West theme. Its mascots are Shiba Inu dogs on horseback and equipped with antique revolvers.

But that’s not the only thing drawing attention to Shiba Shootout.

Infact, its most promising juncture is the slew of utilities that underpin its memetic appeal.

Features like token governance, lotteries, incentivized community engagement, and staking are all in the works.

Staking is one feature already live. It’s turning heads with a whopping 1,600% estimated APY for $SHIBASHOOT holders.

There’s been non-stop excitement on social media.

Prominent analyst Michael Wrubel thinks it could be the next 100x Shiba Inu-styled token.

“Shiba Shootout is mimicking Shiba Inu. This is a very good way to have success,” Wrubel said.

He continued, “It talks about different ideas of utility, which separates it from many meme coins which have no utility at all.”

Indeed, piggybacking on the success of Shiba Inu and incorporating new utilities is a recipe that could lead to massive potential.

Currently, investors can buy $SHIBASHOOT at presale for $0.0195, but this price will rise in two days.

Visit Shiba Shootout Presale

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Disclaimer. This is a Market Release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Cryptopolitan.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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