The post New Crypto Presale Raises $1M: Will Shiba Shootout Explode? appeared first on Coinpedia Fintech News
A new token called Shiba Shootout ($SHIBASHOOT) is taking meme coin utility to the next level – and people can’t get enough.
It’s a brand project currently undergoing a presale, and it has just cleared the $1 million total raised mark. Investors have high hopes; let’s explain why they’re bullish on the project.
Last chance to buy $SHIBASHOOT at $0.0199 before the price hike
The Shiba Shootout presale price will keep going up. It operates on a multitiered pricing system. The longer the presale goes, the higher the price will be.
It’s a setup that favours early investors. The current price is $0.0199, but this will rise in just over one day.
And for further incentive, early birds also get the biggest staking rewards. You can grab a 935% staking APY today, but this is variable and will decrease as the staking pot grows.
So, to secure the lowest price and the most gain potential, the time to act is now.
And with $1 million raised, investors are clearly cutting to the chase. Shiba Shootout is an Ethereum-based project. The presale accepts payments in ETH, USDT, or bank card.
Hype building around Shiba Shootout’s P2E game
While tapping into the contagious hype of the Shiba Inu meme, Shiba Shootout is also inspired by crypto’s frontier spirit.
Throughout the project’s vast ecosystem, you’ll find Shiba Inu dogs galloping around on horseback in Wild Western attire, with revolvers at the hip, ready for the rough-and-tumble of the olden days.
And the ecosystem is already coming alive.
Even though the presale is ongoing, Shiba Shootout has launched its flagship game, Shiba Sharpshooter, on the App Store and Google Play Store.
That’s mind-boggling stuff. Despite being early in its presale, the project already has a working product.
Opportunities like that don’t come around often.
The current version does not include Play-to-Earn (P2E) dynamics like the latter one will, but it gives users a glimpse of Shiba Shootout’s vigour and Wild Western excitement.
And that’s not the only thing that’ll keep the community entertained.
The project’s website also lists plans for on-chain governance, a lottery, a referral scheme, and “campfire stories.”
Campfire Stories is an interesting one – it’s a community-building exercise where people gather and share their crypto and meme coin experiences and earn rewards for doing so.
Not only will this invoke a deeper bond within the community, but it could also provide members with valuable understanding and lessons from the experiences of others.
In a sense, Shiba Shootout’s Western theme is perfectly fitting because the project is at the frontier of meme coin innovation.
Can Shiba Shootout explode after its presale? Top analyst ClayBro says it can.
If ClayBro’s words prove accurate, $SHIBASHOOT investors will get rich.
The analyst, known for his understanding of crypto market dynamics, suggests that now could be the perfect time to buy Shiba Shootout.
He opened the video by saying, “A lot of people are going to make a lot of money” with the project and its new P2E game.
Furthermore, he highlighted that there are countless ways to earn money from Shiba Shootout.
This is due not only to the P2E game and its slew of utilities, like staking Campfire Stories but also to the potentially rising token value.
With countless utilities, Shiba Shootout has the upper hand over most meme coins.
Meme coin prices are typically driven by hype and FOMO, but investors will also buy $SHIBASHOOT for its utility, which unlocks the full power of its ecosystem.
There’s every chance that this creates long-term price stability and growth.
And many investors are well aware of this.
Over 1,900 have followed its X account, and 5,200 are in its Telegram channel.
However, as ClayBro highlighted, it’s still early days for the Shiba Shootout. There remains a huge staking APY and a massive presale price discount.
But it won’t last forever. As such, potential investors should act fast to avoid missing out.