Today, buzz is generated for Shiba Shootout (SHIBSHOOT), a new meme currency with a Shiba Inu theme. The project is headed toward the $1 million milestone as its presale has raised over $600k.
At the forefront of cryptocurrency’s memetic showdown, Shiba Shootout combines the legend of the Shiba Inu with the Wild West theme. The project’s path to going public on exchanges represents a critical turning point analysts predict might result in large profits. The Shiba Shootout will be a huge success. That was the headline of a recent video posted on the well-known YouTube channel Crypto News.
Analyst Says Shiba Shootout can 100x after its presale
When the analyst started working on the project, they saw the artwork. “Guys, the artwork is incredible—it’s a unique take on the Shiba Inu.”
Given the visual origins of meme money, that might be a key differentiator for Shiba Shootout over its competitors. However the expert highlighted one of the main reasons Shiba Shootout may blow up is their utility.
Michael Wrubel was the first to tip this project for 100 times returns. Wrubel pointed out the positive relationship between Shiba Shootout and Shiba Inu, which maximizes its potential.
“Shiba Shootout imitates Shiba Inu’s success, a proven strategy for a successful project.” He also emphasized that Shiba Shootout may blow up because of its innate utility and Wild West theme.
SHIBASHOOT is where cutting-edge utility meets memetics
Prepare for the biggest battle in cryptocurrency! Shiba Shootout’s Shiba Inu mascots, straddled up on horses and carrying handguns, reflect cryptocurrencies’ Wild West spirit.
It’s a memetic continuation of the pioneering spirit of cryptocurrency. A town square built up for epic meme showdowns, various characters with Shiba Inu themes, and digital villages are all there.
Imagine this as Dogelonmars’ Genesis narrative with a comic book motif for those present during the last cycle. It serves as a centre of gravity and a subject the project’s community can get behind. However, investors and experts are lining up for this project because of its unbeatable utility.
As stated in the whitepaper, several services are in operation: token governance, a lottery system, staking, community narrative sessions where users may earn $SHIBASHOOT, and a referral scheme designated as “Posse Rewards.”
Take note of how these services all tend to benefit locals. That’s the essence of meme currencies, which can completely transform Shiba Shootout. With a 1,659% APY, the project’s staking function is currently active. As more tokens are staked, this will, however, diminish.
SHIB is outperforming its peers, so it’s the best time for Shiba Shootout to launch
Shiba Inu is the meme coin of their choice for Dogecoin lovers, so move over.
It is a no-brainer. You acquire a community and a meme with Dogecoin.
However, Shiba Inu offers an environment full of useful apps, a community, and memes.It follows that Shiba Inu’s performance over various timescales is not surprising.
For example, Dogecoin has increased in value by 64% this year, whereas Shiba Inu has increased by over twice that amount, to 115%. Shiba Inu is up 19% this week, whereas Dogecoin is up 8% over a shorter period.
SHIB has even beaten some of its rivals this week with smaller market caps. For example, Dogwifhat is up 1%, Floki is up 9%, and Pepe is up 8%. Shiba Inu is the market Favorite in the meme coin space.
That’s fantastic for a new number that connects to Shiba Inus and presents a more beneficial time juncture like Shiba Shootout. There’s a considerable likelihood that some Shiba Inu gains will be reinvested into Shiba Shootout for larger returns because the value magnitudes are lower, with greater staking rewards.
For comparison, Shiba Inu’s staking APY is around 25%, while Shiba Shootout provides an APY of 1,659%. From March 2021 to October 2021, Shiba Inu ascended over 4000 times; the statistic becomes crazier the more you zoom out.
In light of this, it does not seem difficult to expect 100x returns for its new protégé, Shiba Shootout. The project has almost 3K Telegram users and 1K X followers, and it is rapidly becoming a community.
Shiba Shootout is still in its earliest phases, so those looking to get the most out of it must move fast. It is because the presale price increases for the campaign’s duration every two days.
Utility in the Shiba Shootout Ecosystem
With only an automated trading system as its usefulness, Bonk currently holds a $1.5 billion market cap; nevertheless, Shiba Shootout surpasses this. Though still in its early phases, it provides utilities that may be comparable to Shiba Inu, its $10 billion predecessor.
Shiba Shootout has a lottery, staking, an incentive-based community Storytime, on-chain governance, a referral program, and a special savings function that earns token incentives, as stated in its whitepaper.
The core of meme coin culture is the community, which is catered to via these tools. The attraction of Shiba Shootout, a brand-new meme coin with a vast ecosystem, draws much interest.
But when the team acts, that becomes magnified. For example, the staking function has already been released, and substantial incentives are available.
Staker rewards are now limited at more than 1,600% APY; however, as more holders stake the tokens they own, the maximum yield will drop.
For staking, 20% of the SHIBASHOOT supply is set aside. An additional 35% goes into presale; 10% goes to project funding, 10% to liquidity, 20% to marketing, and 5% to the “Rootin Tootin Shooter Fund.”
Prominent industry professionals have been discussing the Shiba Shootout presale because of its practicality and connection to Shiba Inu. However, if you believe that Shiba Shootout’s token offers these advantages, you must reconsider!
Stake your $SHIBASHOOT tokens now for a 1,659% APY.
The cryptocurrency market is still very much like the wild west, with huge gains occasionally and huge losses other times. Because of this, owning $SHIBASHOOT also has a huge potential for passive revenue.
With an astounding 1,659% APY, Shiba Shootout currently has one of the highest APYs in the game. That is equivalent to earning a hefty 4.5% daily return; imagine more than doubling your money in less than a month.
It’s a genuine handbook for cryptocurrency enthusiasts seeking stable profits in the wild west of cryptocurrency. Investors are betting on Shiba Shootout’s bright future, as seen by the almost 19 million tokens that have already been staked, most of which come from recent presales.
Due to the expectation that a large number of investors will join during the presale and grab up the 770 million tokens that are offered, the staked tokens will increase even more.
Would you like to take part in the battle? Visit Shiba Shootout’s website to collect your $SHIBASHOOT tokens; you may pay using ETH, USDT, BNB, or a credit or debit card.
And do not be afraid, sniper! The smart contract for the $SHIBASHOOT token is as reliable as it comes, having undergone KYC and auditing by Coinsult and SolidProof.
