Will Shiba Shootout Surpass the Original SHIB in 2024?

As Shiba Inu (SHIB) continues to evolve its ecosystem with a focus on crypto gaming, the P2E meme coin market is gaining traction. Shiba Shootout ($SHIBASHOOT), a new meme coin, aims to capitalize on this trend and become a major platform.

Shiba Inu (SHIB) recently launched its own blockchain, Shibarium, centered around a gaming ecosystem. According to CoinMarketCap data, an investor who bought SHIB at its lowest price four years ago and held onto it would have realized a staggering 20,800,000% return. However, it is unlikely that SHIB will see such an astronomical rise again. Instead, presale projects with similar themes and strong fundamentals might offer better risk-reward ratios. Shiba Shootout stands out as a promising candidate.

Shiba Shootout is a meme coin themed around the Wild West. The P2E game “Shiba Duel” has completed development and received approval from both Google Play and the Apple App Store, with its launch imminent.

The game centers on “Shiba Canyon,” a digital town where the world’s best Shiba marksmen gather to duel, share memes, and earn various token rewards.

Even before the game’s release, presale investors can join the community and start receiving bonus tokens. There is a referral program currently ongoing, allowing anyone to participate. Additionally, the website is hosting an event where users can receive free $SHIBASHOOT tokens upon registration.

P2E gaming platforms like Shiba Shootout are poised to spark a gold rush reminiscent of the Wild West in the mobile gaming market. The global P2E NFT gaming market was valued at $3.29 billion in 2022. According to Absolute Reports, this market is projected to grow at a compound annual growth rate (CAGR) of 17.93%, reaching $8.86 billion by 2028.

Shiba Shootout offers various utilities beyond being a simple meme coin. The “Lucky Lasso Lottery” allows users to participate in a lottery with SHIBASHOOT tokens to win various crypto prizes. Part of the lottery pool is donated to charity, enhancing its public appeal.

Token holders can also participate in governance meetings to vote on crucial decisions shaping the project’s future.

The “Campfire Sessions” allow users to share their own coin investment and meme coin experiences. The best storytellers receive $SHIBASHOOT rewards.

The “Cactus Staking” feature offers high APY and visual appeal, likening staking rewards to the growth of a cactus, making the process more engaging for investors.

Additionally, the “Saddlebag Savings” feature allows users to automatically deposit a portion of their $SHIBASHOOT into a designated wallet for a set period, earning additional token rewards during this time.

Several crypto influencers praise Shiba Shootout’s utility and community value. YouTuber Michael Rubel, with over 310,000 subscribers, has dubbed Shiba Shootout the “next Shiba Inu.”

99Bitcoins Korea’s official YouTube channel also featured this new meme coin. More details can be found in the video below:

Currently, the $SHIBASHOOT presale is ongoing. Interested investors can purchase tokens for $0.0194 using ETH, USDT, BNB, or a credit card and immediately stake them in a pool offering over 2,000% APY.

From the early stages of the presale, a significant number of investors have joined, raising over $480,000. Token prices are set to increase later today, so early participation is advised to maximize benefits.

Token distribution is as follows: 20% for staking, 5% for Shiba marksman rewards, and 35% allocated to the presale.

The Shiba Shootout team has enlisted SolidProof for a smart contract audit and CoinSniper for KYC verification, enhancing the project’s credibility.

For more detailed community updates, visit their Twitter and Telegram channels.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Any investment made based on this information is at the reader’s own risk. The company may receive a commission from the products mentioned.