New Shiba Inu Project Gains Traction Among Crypto Whales – One to Watch?
Shiba Shootout ($SHIBASHOOT) is a new Wild-West-styled meme coin project that intends to blast some much-needed vitality and utility into the well-travelled Shiba Inu theme.
Many early watchers are saying the token has what it takes to succeed. This is down to its strong social element and a unique multi-pronged approach to rewards generation that pits it head and shoulders above the competition as the next big Dogecoin contender.
Shiba Shootout: The Good, The Bad, And The Not-So-Ugly
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 gamification element lies the town of Shiba Gulch, a bustling Web3 settlement where the Shiba Shootout community gathers to undertake challenges, showdowns and meme sharing.
While the project is still in presale, meaning little has been demonstrated of its core gameplay, many of Shiba Gulch’s key features have already been touted in the marketing.
By the sounds of it, the virtual environment aims for a fun, rewarding (in multiple ways), challenging and unprecedented metaverse environment.
Here’s what we know about the key features so far.
Shiba Fans Earn $SHIBASHOOT Through Referrals, Staking, Community Roundups, and More
The first of the many unique features on Shiba Shootout is Posse Rewards.
This 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.
Campfire Stories are regular sessions 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 will be given entry into the Shiba Shootout DAO. Having voting rights in the DAO enables all players within the ecosystem to decide on which direction Shiba Shootout will grow.
Lucky Lasso Lotteries are an excellent way to win crypto prizes for $SHIBASHOOT token holders. Consequently, the project donates a portion of the proceeds to charity.
Savings Saddlebags, is another moneymaking feature that automatically allocates tokens to a dedicated wallet that earns extra tokens for Shiba Shootout 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 also visually represents their growing rewards as a cactus for a more immersive and transparent experience.
The Roadmap To Shiba Gulch
The Shiba Shootout team’s exciting battle plan has the potential to help propel the token to the top of the meme coin market.
Before the token goes big, investors can grab it for a fraction short of 2 cents ($0.0195 to be precise) in the ongoing Shiba Shootout presale.
Interested investors need a crypto wallet funded with ETH or USDT to join the presale and snap up Shiba Shootout tokens before the price rises and potential post-listing appreciation blows the price up 10x.
For detailed instructions and a presale schedule, please visit the official Shiba Shootout presale page.
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 New Shiba Inu Project Gains Traction Among Crypto Whales – One to Watch? appeared first on Cryptonews.
Welcome to Billionaire Club Co LLC, your gateway to a brand-new social media experience! Sign up today and dive into over 10,000 fresh daily articles and videos curated just for your enjoyment. Enjoy the ad free experience, unlimited content interactions, and get that coveted blue check verification—all for just $1 a month!
Account Frozen
Your account is frozen. You can still view content but cannot interact with it.
Please go to your settings to update your account status.
Open Profile Settings