Shiba Shootout (SHIBASHOOT) is a new meme coin that capitalizes on the Shiba Inu tag.
What’s new about that? Don’t we already have dozens of them already?
Interestingly, Shiba Shootout is one of the most gripping meme coin projects to enter the market in a long time. In fact, it shows potential to outperform Shiba Inu this year, thanks to its fast-expanding community and low initial market cap.
Shiba Shootout is introduced as a high-stakes battle, set in the heart of the Wild West crypto frontier. But it’s not another silly meme coin battle. Here, we will witness a duel of “creativity, wit, and a touch of cowboy charm.”
The project has already ignited a new wave of meme coin frenzy.
🚀 Introducing "Posse Rewards" at #ShibaShootout! 🚀
Invite friends, and for every new member that joins, you both earn bonus ShibaShootout tokens! 🎉
The bigger your posse, the more you score! 🐕💥
Ready to build your squad? 🔫🐾 pic.twitter.com/HiDfCRs8pP
— shibashootout (@shibashootout) June 15, 2024
A Digital Duel at the Frontier of the Crypto World – What to Expect?
These are some of the key factors that have been drawing investors to the ongoing Shiba Shootout presale.
The first is utility ideas centred around the Posse Rewards referral program. By joining the program, investors can invite friends to the Shiba Showdown community and earn bonus tokens.
The next Regular Campfire Story sessions. The hub will be a place where community members share their crypto and meme coin experiences.
Token Governance Roundups are next, where the community can cast votes on key project decisions. It bears a resemblance to the Wild West town citizenry participation, staying true to the core theme.
The Lucky Lasso Lottery system gives participants the chance to win big crypto prizes. A portion goes to charitable initiatives.
Last but not least, cactus staking allows investors to grow their holdings over time. Not just that, in a creative new fashion, it gives investors a visual representation of the growing rewards.
When compared to the industry standard, Shiba Shootout offers a compelling opportunity. Staking has proven to be an excellent source of passive income over the last few years. It is accrued in addition to the value appreciation that a coin undergoes.
The goal of staking is to strengthen the long-term price action of a coin. This is made possible by incentivizing holding. Investors who hold on to a token for a long period of time will accrue more staking rewards. It offsets the risk of market downturns to a good extent, as well.
Why the $SHIBASHOOT Presale Shouldn’t be Missed
When it comes to promising assets, it’s always best to buy them early at low costs. Once the coin begins to make headlines and everyone scrambles to get their hands on it, the price will skyrocket. Those who buy early will book high returns on their investment in this period.
That explains the popularity of presales among strategic investors. Shiba Shootout is currently in the presale stage. Although the token hasn’t gone live on crypto exchanges yet, it is going viral across crypto communities. It was on its way to the $500K milestone at the time of writing.
Interested meme coin investors have a short window to purchase $SHIBASHOOT tokens for discounted, fixed prices at the ongoing presale.
It is important to note that the presale is divided into multiple stages. In each new stage, the price will undergo a slight increase from the previous stage. In other words, the presale also favours early investors with higher discounts.
That’s not all. The earlier an investor joins the presale, the higher the staking rewards. In the current presale stage, the staking APY can go as high as 2000%.
How to Buy $SHIBASHOOT?
The Shiba Shootout presale is easy and straightforward. It doesn’t involve any complex steps. If you have a compatible crypto wallet, it’s even easier. But if you’re new to crypto investing, you will need to install and activate a digital wallet that supports cryptocurrency transactions first.
Once that is up and ready, visit the official Shiba Shootout presale and connect your wallet. On the home page, you will find a presale widget. Follow the instructions, enter the amount of tokens you wish to purchase, and complete the transaction.
The tokens won’t be sent to the investor’s wallet immediately. Once the presale is over, the official date and time for token claiming will be announced on Shiba Shootout’s social media pages. Investors who come across any issues or doubts while completing the presale purchase can contact the Shiba Shootout team on Telegram.
