Shiba Shootout breaks $1 million: Why this hot meme coin gem shouldn’t be missed in the presale The native token, $SHIBASHOOT, promises utility and value appreciation for gamers and investors. As the presale continues to gain traction, early investors can secure tokens at discounted prices. The growing community and unique gaming experience highlight its potential
The Shiba Shootout just broke $1 million as investors continue to plough money into the hottest presale of 2024. The sell-out could be any day from now if the rapid presale progress is any indication.#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;} Shiba Shootout’s grand vision of a crypto Wild West has resonated with the audience. Like Floki Inu, Shiba Shootout expands the horizons of the meme coin niche with play-to-earn utilities.
Why is Shiba Shootout the next meme coin to watch
Hurry! 🚀 Next price hike is just around the corner!
Join our community NOW and claim your free tokens before it's too late! 🎉
Join us at: https://t.co/Fxf9PWP0gz pic.twitter.com/t8H6MqqhSE
— shibashootout (@shibashootout) July 31, 2024
Shiba Shootout is a video game themed around the crypto Wild West. $SHIBASHOOT is the native payment and reward token of the game. Both gamers and investors can secure the token for utility and value appreciation.
Active and passive community members are rewarded with $SHIBASHOOT tokens. The profitability of gamers on the platform depends upon their gaming skills.
Spotlight WireShiba Shootout has successfully deployed the ‘meme coin + play-to-earn’ formula for success. The play-to-earn game is already live for Android and iOS users. Amid a crowd of hollow meme coins, the project stands out with its robust utility.There are a wide range of play-to-earn coins in the market. However, Shiba Shootout is one of the few that have taken the proactive step to launch its game before the token launch. That underscores its credibility and appeal among long-term investors.
For the latest updates about the presale, join the Shiba Shootout community on Telegram. The community has expanded to more than 4000 members in a short time.
According to popular crypto influencer ClayBro with over 130K YouTube subscribers, this is a game that could make millionaires.
Shiba Shootout vs. Shiba Inu: Can $SHIBASHOOT rival $SHIB?
Shiba Inu is the world’s second-largest meme coin, with a gigantic market cap close to $7 billion. When it comes to profitability, Shiba Inu has been showcasing lacklustre performance since 2021. That was when it hit its all-time high of $0.00008845. Since then, SHIB has lost 85% of its value.
Spotlight WireFew assets in the broader market give returns comparable to that of meme coins. Therein lies their potential. While 60% is an excellent annual ROI, it doesn’t stack up against the initial journey of SHIB.SHIB broke the internet with its entry in 2020. Even now, its lifetime gains stand at a massive +800000% percent, according to CoinMarketCap. Investors who dare to buy meme coins are not here for stable ROIs in one or two digits. They are looking for quick gains. It’s unlikely that Shiba Inu will meet their demands again.
This is where projects like Shiba Shootout enter the picture. It has a much lower initial market cap than Shiba Inu. That, in turn, leaves a large room for returns to early investors. Shiba Shootout is a project with long-term relevance, thanks to its P2E utility aspect. Gamers will drive demand for the meme coin, even after the meme coin FOMO dies down.
At the same time, Shiba Shootout cleverly unlocks the craze surrounding the Shiba Inu label. The theme and narrative of the token are centred around Marsha Shiba and Shiba Sharpshooters. They are waging “epic gun battles in the town of Shiba Gulch, featuring a unique mobile crypto gaming experience”.
To learn more about the gaming mechanics, check out the Shiba Shootout white paper
Multiple income streams
Shiba Shootout is a goldmine for crypto users. There are multiple sources of passive and active income.
These include Posse Rewards, a referral programme that rewards users for inviting their friends to the Shiba Showdown community. “The larger your posse, the greater the rewards,” notes the website.
The next is Campfire Stories––regular storytelling sessions, where community members share their crypto and meme coin journey. Lucky Lass Lottery offers a great opportunity to test your luck and earn big crypto rewards.
Cactus Staking is next, where the longer you stake, the more tokens you accumulate.
Shiba Shootout presale smashes $1 million–is it too late to buy this meme coin gem?
The Shiba Shootout presale just broke the $1 million milestone, as mentioned above. In the presale stage, investors can grab the token for heavily discounted prices. Although the presale price increases over time, the tokens are selling for prices much below their listing prices.
Due to their potential for a massive bull run on the first series of listings, the presale provides the lowest entry points into the investment.
Spotlight WireSo it’s not too late to buy Shiba Shootout. However, investors need to act early to not miss the presale. Judging by the presale momentum, the sell-out could be much earlier than scheduled. In the current presale stage, the token is selling for just $0.0197 per unit. Cactus Staking has begun right from the presale stage and offers a massive staking annual percentage yield (APY) above 1,000 percent for early investors. The staking APY declines over time as more tokens are sent to the pool.
Investors can join the presale using a crypto-compatible wallet like Metamask, Wallet Connect, Coinbase Wallet, or Best Wallet. ETH, USDT, and bank cards are supported for presale payments.
Buy Shiba Shootout ($SHIBASHOOT) tokens
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This story originally appeared on: India Times - Author:Faqs of Insurances
