Disclaimer: This article is a sponsored press release and does not constitute Finbold’s editorial content. Cryptoassets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For full disclaimer, please.
Cryptocurrencies like DOGE, PEPE, and WIF are still leading the market, with double-digit gains in the first week of May.
The latest Shiba Shootout player, a Wild West-themed meme coin, also gained traction during the pre-sale, raising nearly $300,000 so far.
Thanks to its growing community support, many are curious as to whether the Shiba Shootout will be able to outperform top meme giants like Dogecoin and Shiba Inu, which it takes inspiration from, throughout the remainder of 2024.
Shiba Shootout retelling of a Wild West theme
One of the main factors that sets Shiba Shootout apart from other meme coins is its distinct Wild West theme. The project takes participants to the digital frontier where they can participate in “Shiba Showdowns” and join forces with legendary figures like Marshal Shiba and the Shiba Sharpshooters. This immersive and entertaining theme has proven to be a huge draw for investors looking for a new and exciting experience with meme coins.
The Wild West format extends beyond just aesthetics, as Shiba Shootout incorporates clever naming conventions and gaming elements into its ecosystem. Features such as the “Posse Rewards” referral program, “Lucky Lasso Lottery” and “Cactus Stake” not only add to the overall theme, but also provide attractive ways for participants to earn more tokens and become active members of the community.
Shiba shooting sale
The ongoing Shiba Shootout pre-sale was a huge success, raising more than $290,000 toward the current milestone goal of $1 million. The current price of $SHIBASHOOT is $0.0189 USD, with investors having the option to stake using ETH, USDT or by linking a BNB wallet. As the countdown to the rate hike begins with four days to go, there is a growing sense of urgency for those who are securing their investments at the current rate.
Shiba Shootouts tokens are designed to promote short-term expansion and long-term viability. Allocating 35% in the presale (770 million tokens) allows early backers to get a share of the token supply while allocating 20% to staking (440 million tokens). Encourages extended retention periods and rewards contributors for their continued dedication to the project.
Furthermore, the project has allocated funds for liquidity (10%), marketing (20%), and ongoing development (10%), ensuring that Shiba Shootout has the necessary resources to grow and continue innovating in the meme coin market.
Community engagement and rewards
One important factor that can give the Shiba Shootout an edge over the Shiba Inu is its focus on community involvement and rewards. The project provides opportunities for users to earn tokens and actively participate in the ecosystem.
A referral program called “Posse Rewards” motivates users to invite others to join the community, contributing to the growth and expansion of Shiba Shootouts. The Lucky Lasso Lottery offers an element of excitement and chance, allowing participants to use their codes for a chance to win prizes.
Additionally, the creative “Cactus Saging” feature allows users to share their tokens in a way that matches the project’s theme, with rewards increasing over time like a cactus in the desert. This unique staking method does not enhance long-term tenure. Additionally, this unique staking method enhances engagement and connection to the project.
Shiba Shootout Price Forecast
Although Shiba Shootout is in its stages, it has outlined a clear roadmap for growth and expansion. The team is working on getting it listed on cryptocurrency exchanges, forming partnerships within the community, and launching a Discord group for token holders only.
As Shiba Shootout moves forward with its plan, the project has the potential to attract an audience and position itself as a serious player in the world of meme coins. With strategies in place regarding merchandise, educational materials, and targeting top-tier stock exchange listings, Shiba Shootout is setting itself up for lasting success and widespread acceptance.
Compare Shiba Shootout and Shiba Inu
When evaluating whether the Shiba Shootout can overtake the Shiba Inu by 2024, it is important to recognize the leadership and market dominance that the Shiba Inu currently holds. Being one of the most popular and widely traded meme coins, the Shiba Inu has a large user base and a strong presence on major exchanges.
However, thanks to its theme, interactive community elements, and focused roadmap, Shiba Shootout could pave its way within the coin-op scene. As more investors enthusiastically explore the opportunities, the Shiba Shootouts approach and growth potential could attract a loyal following.
It is not yet certain whether the Shiba Shootout can surpass the Shiba Inu in the future. The project’s initial achievements and promising plans suggest that it may emerge as a contender in the meme segment.
Location | Telegram | Twitter