The crypto market just got a little wilder as Shiba Shootout (SHIBASHOOT), a new meme coin with a Western twist, launched its presale phase.
With the $500,000 milestone now in its crosshairs, this coin is turning heads – and investors believe it’s only a matter of time before it rockets in value.
Early Investors Rush to Snap Up SHIBASHOOT Tokens in Presale
Shiba Shootout’s presale has been impressive so far.
Early investors can pick up SHIBASHOOT tokens for just $0.0194 each during the current stage.
The presale setup is simple: buy now at a discounted price to potentially profit later.
And with a soft cap of $5 million and a hard cap of $15 million, Shiba Shootout’s team isn’t messing around.
They’ve also set aside a hefty 35% of the supply – 770 million tokens – for this initial fundraising round.
Talk about focusing on the community.
Once the presale ends, Shiba Shootout’s team plans to launch the token on exchanges, starting with DEXs.
The team hasn’t revealed any specifics on which DEXs or when.
However, given that SHIBASHOOT is an ERC-20 token, it’s safe to assume that Uniswap could be a potential destination.
Shiba Shootout’s Telegram community members are already buzzing about the token’s post-listing potential.
Additionally, the team’s commitment to generating hype is clear, as they’ve set aside 20% of the token supply for marketing.
This could be crucial to Shiba Shootout’s long-term success.
Shiba Shootout’s P2E Game & High Staking Rewards Draw Praise
Shiba Shootout isn’t just slapping a cowboy hat on a Shiba Inu mascot and calling it a day.
The project has some real utility, with a crypto game that’s got early investors buzzing.
It’s still in development, but the promise of play-to-earn (P2E) mechanics has everyone excited to see what the final product might be.
However, the fun doesn’t stop there.
Shiba Shootout’s “Cactus Staking” protocol lets holders lock up their tokens and watch their rewards grow.
Early estimates are quoting annual yields at 2,288% – with over 14.4 million SHIBASHOOT tokens locked up already.
Then there’s the “Posse Rewards.”
It’s a fancy way of saying SHIBASHOOT holders will get paid for bringing their friends into the Shiba Shootout ecosystem.
And let’s not forget the “Token Governance Roundups,” where token holders can vote on the project’s future.
All of these factors combine to create a unique experience for SHIBASHOOT holders.
With so much potential, it’s easy to see why the project’s presale has been such a hit.
How Shiba Shootout’s Wild West Theme Stands Out
Shiba Shootout’s Wild West theme sets it apart in the competitive meme coin market.
No other tokens are currently focused on the frontier, so it’s poised to create its own niche.
This angle could be the key to success.
Shiba Shootout isn’t all flashy aesthetics, though.
SolidProof has already audited the project, which should help reassure investors about its legitimacy.
It’s a clever move that isn’t taken by many new meme coin projects.
Moreover, the upcoming P2E game and staking protocol give holders a reason to keep their tokens for the long term.
Having this strategy in place could help maintain price stability post-listing – a common challenge for meme coins.
Ultimately, with the crypto market picking up again in July, there could be a lot of interest in Shiba Shootout’s combo of originality and utility.
Whether it’ll rival the likes of PEPE and BONK remains to be seen.
But with a strong foundation and an ambitious roadmap, Shiba Shootout is certainly ticking many of the right boxes.
