Memecoins
New Utility-Based Memecoin Shiba Shootout Nears $500K in Pre-Sale
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Investors are keeping an eye on Shiba Shootout, which just launched a pre-sale, raising nearly $500,000 in its initial round and captivating fans with its Wild West theme.
Cryptocurrency investors line up Shiba Inu Shooting (SHIBASHOOT) launches a pre-sale and raises nearly $500k in its opening stretch. With a Wild West theme, the project has proven to be a fan favorite since the pre-sale launched.
And with presales growing rapidly, it’s clear that investors are preparing for big gains when the token launches on exchanges later in 2024.
Shiba Shootout is the Wild West memecoin with real utility
Given the frontier spirit of cryptocurrency enthusiasts, it’s fitting to have a Wild West-themed memecoin. But that’s not the only reason this Shiba Inu-inspired token is gaining traction.
Here’s the summary: Imagine Shiba Inu characters galloping around on horseback and engaging in classic Western brawls. It’s a concept with real memetic potential.
But now, imagine that concept is just the face of a vibrant ecosystem with multiple utilities. That would be huge, and that’s exactly what users have with Shiba Shootout.
The developers have their eyes set on a blockchain-based game where players’ progress is tied to real-world cryptocurrency rewards. There’s also the “Cactus Staking Protocol,” which allows the Shiba Shootout community to lock up their own tokens and generate passive rewards.
These two features alone set Shiba Shootout above its memecoin peers, but there’s more to it than that. For example, it offers a referral program, “Posse Rewards,” that incentivizes users to refer others to pre-sales.
Other noteworthy utilities of the project White paper Highlights include Campfire Stories, on-chain voting, and a charity lottery.
Despite its memecoin-like appearance, Shiba Shootout’s utilities provide real staying power.
Investors Pledge $500,000 In SHIBSHOOT Pre-Sale
With the Shiba Shootout presale approaching the $500,000 milestone, investors are preparing to secure tokens at $0.0194.
The presale price is expected to increase gradually, with the next price increase occurring in just over a day or when the total raised reaches $1.2 million.
Buying in the presale is easy. Investors can use ETH, USDT, BNB or credit card. Buyers will receive their tokens once the presale ends.
There are also exciting plans in the project’s roadmap. It starts with CoinMarketCap and CoinGecko listings, along with community growth. But Phase 2 is where things start to look interesting, with CEX listings and 10,000 targeted holders.
The tokenomics of the project is also well structured. 30% of the tokens are going to the community through the pre-sale. They will also receive another 20% in staking rewards.
The remaining tokens will be split between project funds, liquidity, marketing, and the “Rootin’ Tootin’ Shooter Fund.” This is a scheme that encourages long-term growth while ensuring there is always funding for the community.
How Shiba Shootout Became Famous on Social Media
With nearly $500,000 raised in pre-sales, there is undeniable excitement around Shiba Shootout.
Much of this comes from its immediate social media coverage. With its wacky Wild West foundation and plethora of utilities, major industry analysts were quick to jump in.
Michael Wrubel, who has more than 300,000 subscribers, called the pre-sale “the next Shiba Inu 100x.”
He then explained why it has potential: “It’s mimicking the success of the Shiba Inu… but the interesting thing about this project is its utility ideas, which differentiate it from many other memecoins.”
Italian: https://www.youtube.com/watch?v=8VqAsBQpRfE
Given Wrubel’s massive audience, this could be a huge boon for SHIBSHOOT. And with the broader memecoin market picking up pace, the stage is set for an explosive market debut for Shiba Shootout.
In an economic environment where investors are competing for outrageous returns, Shiba Shootout could be the memecoin that leads the next cryptocurrency rally.
Interested users can join the project’s rapidly growing community at Telegram or follow its path X account to stay updated. Alternatively, they can visit the website to purchase and stake tokens.
To know more, Visit Shiba Shootout Pre-Sale.
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