Crypto Whales Bet Big on This Dogecoin Competitor
Crypto investors are snapping up Shiba Shootout ($SHIBASHOOT) tokens in Web3’s most exciting new presale. The Wild-West-themed meme coin project has already raised nearly $700,000 for its gamified metaverse, which takes community-building and rewards generation to new levels of immersion.
This Wild West-themed play-to-earn (P2E) metaverse is centred around meme-making duels, poker tournaments with a crypto twist, and exhilarating virtual treasure hunts.
It also features an accompanying sharpshooter game now available on Google Play and the Apple App Store, allowing players to earn its $SHIBASHOOT tokens.
Many early watchers in the industry, including YouTube influencer Jacob Crypto Bury, are tipping it as a 10X meme coin at the very least.
This is all down to its strong social element and a unique multi-pronged and unrivalled approach to rewards generation that pits it head and shoulders above the competition as the next big Dogecoin contender.
One Upon A Time In The Gulch
Shiba Shootout’s core premise locates it in a captivating blockchain setting filled with creativity, multiple rewards avenues, strategic gameplay, and all the allure of a Sergio Leone adventure on four legs.
At the heart of the metaverse gamification lies the town of Shiba Gulch, a bustling Web3 settlement where the Shiba Shootout community gathers to undertake challenges, connect with each other, tend to their reward-bearing crops, and engage in showdowns like meme duels.
While its core gameplay remains a mystery, many of Shiba Gulch’s key features have already been touted.
Here’s what we know so far.
A Fistful of $SHIBASHOOT Tokens
Posse Rewards is a referral program that allows users to invite friends to the Shiba Showdown community and earn bonus tokens. Rewards for referrer and referred friends depend on the size of the posse.
There are also regular sessions called Campfire Stories that allow community members to share crypto and meme coin experiences in a casual storytelling format.
Then there is Token Governance Roundups. Those who invest and hold Shiba Shootout get entry into the Shiba Shootout DAO. Having voting rights in the DAO enables all players within the ecosystem to decide on the future of Shiba Shootout.
Lucky Lasso Lotteries are Shiba Gulch’s local crypto raffle. They’re an excellent way to win crypto prizes for $SHIBASHOOT token holders. Consequently, the project donates a portion of the proceeds to charity.
Another moneymaking feature called Savings Saddlebags automatically allocates tokens to a dedicated wallet that earns extra tokens for players just for holding $SHIBASHOOT tokens.
Last but not least, Cactus Staking allows users to stake their tokens on a digital cactus in a desert landscape.
Longer-term stakers receive higher rewards. The platform visually represents their growing rewards as a cactus for a more immersive and transparent experience.
The Roadmap To Shiba Shootout
The Shiba Shootout team’s exciting battle plan has the potential to help propel the token to the top of the meme coin market.
Investors can grab it for a fraction short of 2 cents ($0.0196 to be precise) in the ongoing Shiba Shootout presale. The presale prices incrementally get higher throughout so those that buy in earlier maximize their potential profits. It’s current tier will last for a further five days before rising to $0.0196.
The presale prices will stay under 2 cents right up until the final presale round, when it hits exactly 2 cents. After that, potential CEX listings could take it into bullishly uncharted territory.
To stay informed about token claiming and the exchange launches, follow Shiba Shootout on X and Telegram.
Join the presale over on the official website
The post Crypto Whales Bet Big on This Dogecoin Competitor appeared first on Cryptonews.
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