The post New Meme Coin Shiba Shootout Nears $500K in Presale – Will SHIBASHOOT Explode? appeared first on Coinpedia Fintech News
Crypto investors are perking up as newcomer Shiba Shootout (SHIBASHOOT) races towards the $500,000 presale milestone.
Inspired by Wild West themes, this meme coin has attracted enormous interest since its announcement.
As the SHIBASHOOT presale gains momentum, investors are debating whether the coin could explode when launched on exchanges later this year.
Shiba Shootout – The Wild West Meme Coin with Real Utility
Shiba Shootout isn’t your average meme coin.
Picture this: a digital Wild West where Shiba Inu dogs wear cowboy hats and engage in crypto showdowns.
That’s the hilarious world that Shiba Shootout’s developers are building.
This new project has become a hot topic, with its presale nearing $500,000 in record time.
But what’s got investors reaching for their wallets?
For starters, Shiba Shootout aims to offer real utility to holders.
The developers are creating a crypto-themed game that promises rewards tied to engaging gameplay mechanics.
In addition, there will also be a “Cactus Staking” protocol, where SHIBASHOOT holders can lock up their tokens and generate passive income.
Right now, estimated annual yields are 2,288%.
Then there’s the “Posse Rewards” – a referral program that rewards users for inviting friends.
With the project’s whitepaper outlining plans for “Campfire Stories” and community voting, Shiba Shootout is betting big on keeping token holders entertained.
It’s a combination of Wild West themes and serious community-building that’s got investors sitting up and taking notice.
SHIBASHOOT Presale Nears $500K Milestone as Retail Investors Pile In
As the Shiba Shootout presale nears its first key milestone, early investors are snagging SHIBASHOOT tokens for just $0.0194 each.
But that price won’t be available forever.
As the presale hits its stride, the token’s price will climb, rewarding the earliest investors.
Getting in on the action is easy.
Whether an investor holds ETH, USDT, or BNB (or prefers to pay by card), Shiba Shootout’s presale dashboard offers payment options to fit everyone’s needs.
Post-presale, the project’s roadmap looks ambitious.
It lays out plans for CoinGecko and CoinMarketCap listings, a push for 1,000+ holders, and plans to go viral on Twitter – all in Phase 1.
Further down the line, the developers are aiming for CEX listings and creating a gated Discord group.
Shiba Shootout’s tokenomics are equally intriguing.
The lion’s share of the supply – 770 million tokens – is earmarked for the presale, while 440 million tokens are set aside for staking.
Marketing, liquidity, project funds, and the “Rootin’ Tootin’ Shooter Fund” receive a split of the rest.
It’s a setup that aims to keep the project funded while ensuring there’s always a little extra for top community members.
Social Media Buzz & YouTuber Endorsements Fuel Shiba Shootout Success
Building trust is also a focus for Shiba Shootout’s team.
With an audit from SolidProof already under its belt, this meme coin is showing that it’s more than just a joke.
It’s got substance, too.
And word about the Shiba Shootout is spreading quickly on social media.
The project’s Twitter and Telegram channels are buzzing with activity as retail investors look to learn more.
Even YouTube analyst Michael Wrubel has given a shoutout to Shiba Shootout.
In a recent video, Wrubel claimed it might be “the next 100x Shiba Inu.”
That kind of talk can work wonders for a new meme coin.
But it’s not just idle chatter since the current bullishness in the meme coin space has created the perfect environment for a newcomer like Shiba Shootout to thrive.
In this speculative market, where traders are constantly hunting for the next big thing, Shiba Shootout’s unique approach could be exactly what everyone’s looking for.
It’s tapping into meme coin mania while also offering something fresh.
So, as the presale continues to gain momentum, Shiba Shootout is gearing up for an action-packed second half of 2024.