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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong
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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong

New Meme Coin Shiba Shootout Nears $1M in Trending ICO

NewsBTC
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Last Updated: August 9, 2024 7:52 am
4 mins read

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Shiba Shootout (SHIBASHOOT) is a brand new P2E meme coin making waves. The project merges a wild west aesthetic with skill-based gameplay, raising almost $1 million in its recent ICO.

Investors on the lookout for the next hit meme coin are paying close attention as experts predict Shiba Shootout to make massive gains on DEX launch.

Shiba Shootout Primed To Explode On DEX Launch

Shiba Shootout uses a dynamic pricing model to set its per-token cost. Every time a week passes, or a funding goal is met, the price is increases. This rewards early investors by letting them get in at a lower pricepoint.

Currently, you can buy SHIBASHOOT for just $0.0198 per token for the next 5 days, or until the project raises another $800,000.

There’s no minimum investment, and the entire process of converting your USDT, BNB, ETH, or fiat to SHIBASHOOT only takes a few seconds.

 

🚀 Join the ‘Shiba Shootout’ presale for $SHIBASHOOT tokens!

1️⃣ Prepare your crypto wallet.

2️⃣ Go to our presale section on the website.

3️⃣ Connect your wallet.

4️⃣ Swap crypto for $SHIBASHOOT!

Get set for the ultimate digital duel! 🌐💥https://t.co/OmlNvMLbUw pic.twitter.com/NV21EXliN4

— shibashootout (@shibashootout) August 5, 2024

The developers have set a hard cap of $15 million on the presale- showing their commitment to Shiba Shootout in the long term.

They’ve also addressed two of the most common concerns investors have with presales- security and rug pull risk.

The team dedicated 10% of the total token supply to liquidity, ensuring rug pull risk is almost nonexistent. To make sure investors’ funds are safe, SHIBASHOOT has complied with a SolidProof security audit- passing with flying colors.

Shiba Shootout Starts Early Releasing Beta Version On Mobile

Shiba Sharpshooter – the game behind Shiba Shootout – is already out with an early-stage development version available on both Google Play and the Apple App Store. The full version releases in 2024, packed with new gameplay updates and SHIBASHOOT integration.

The game is set in the city of Shiba Gulch- a stereotypical Wild West town populated with cartoonish shiba cowboys. The gameplay has these shiba sharpshooters come out onto a field and duel with each other.

Tokens will be used for all in-game purchases and any new systems put into the game, as well as the staking program- Cactus Staking.

Investors can currently 10x their token holdings with Cactus Staking offering an estimated annualized reward of 1075%. It also follows a dynamic pricing model, so the staking rewards will come down as more investors come in.

Looking at the tokenomics, they’re optimized to reward early investors. A massive 35% of the total token supply is set aside for the presale, with another 30% dedicated to fulfilling the Cactus Staking program.

Shiba Shootout places a large emphasis on community-building, with four main initiatives contributing to this:

  • Posse Rewards: A rewards program rewarding holders with SHIBASHOOT when they refer someone to the project.
  • Campfire Stories: A regular event where users are encouraged to share their experiences with Shiba Shootout and crypto in general.
  • Lucky Lasso Lottery: A lottery where you bet with SHIBASHOOT for a chance to win massive rewards, with a portion of profits going to a charity.
  • Token Governance Roundups: Similar to citizenry participation in the Wild West, SHIBASHOOT holders will be able to vote on major project decisions.

What’s Next For Shiba Shootout?

Shiba Shootout has an openly-available roadmap, outlining how the token plans to grow and provide the best experience possible to its users.

Phase 1 is already behind us, SHIBASHOOT is deployed, and the team behind it is working hard on organically growing their  X (Twitter) and Telegram presence.

In Phase 2- the stage we’re currently in, the focus is on the presale and marketing. The marketing drive is in full swing, with the token regularly talked about on social media and featured multiple times in popular crypto news outlets. After the presale concludes, investors will get their tokens, and we enter Phase 3.

In Phase 3, Shiba Shootout will launch on multiple DEX’s, and may be able to secure itself a CEX spot right off the bat. On top of this, the team aims to get trending on DexTools to capitalize on launch hype.

Experts and analysts are following development closely, with regular bullish sentiments. 99Bitcoins- a crypto education YouTube channel with over 700,000 subscribers praised the token for its fast-paced development and massive staking rewards.

In the world of crypto, nothing is ever certain, however, Shiba Shootout has all of the ingredients needed for success so far. A focus on early investors, community building, and a real product already available on the market paints a picture of a 10x investment waiting to happen.

Visit Shiba Shootout Presale

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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