Meme coins might have a new challenger in town: Shiba Shootout (SHIBASHOOT).
This ICO project combines the viral appeal of Shiba Inu with a Wild West theme, which has caught the eye of investors.
And as SHIBASHOOT’s ICO gains traction, some are wondering if the token could replicate the explosive success of meme coins like Floki (FLOKI).
Shiba Shootout Brings a Frontier Twist to the P2E Crypto Sector
Shiba Shootout is bringing something new to the crypto market.
The project takes the popular Shiba Inu concept and gives it a frontier makeover, complete with cowboy hats and digital saloons.
At its core is a Play-to-Earn (P2E) mobile game.
Players take on the role of Shiba gunslingers, engaging in duels and earning SHIBASHOOT tokens along the way.
It’s designed to be an interactive experience that keeps users engaged and coming back for more.
Shiba Shootout is also building a community around its Western theme.
Features include a referral system called “Posse Rewards,” community storytelling events, and a clever staking mechanism called “Cactus Staking.”
Those who stake their SHIBASHOOT tokens will receive estimated annual yields of 1,022%.
On top of all these features, there’s also a lottery for those feeling lucky.
Ultimately, Shiba Shootout is positioning itself as different from the hundreds of cat, dog, or frog-themed tokens that flood the market each week.
And this approach is working.
Over 4,900 people are now active in Shiba Shootout’s Telegram channel, discussing strategies and sharing memes.
Shiba Shootout’s ICO Heats Up with $1 Million Milestone in Sight
Shiba Shootout’s ICO has raised $930,000 – and the $1 million mark is now in sight.
Investors are piling in, snagging SHIBASHOOT tokens for $0.0198 each using ETH, USDT, BNB, or a credit/debit card.
Token claiming is on hold until the ICO wraps up.
However, early investors aren’t left twiddling their thumbs – immediate staking options allow them to grow their SHIBASHOOT stack right away.
Looking ahead, Shiba Shootout’s team has big plans.
Once the ICO ends, they aim to list SHIBASHOOT on a DEX, with 220 million tokens (10% of the supply) set aside for liquidity.
But that’s just the beginning.
Phase 3 of the project’s roadmap is where things really kick off.
The developers will launch the full Web3 version of Shiba Shootout’s P2E game on Google Play and the App Store.
There will also be a push for CoinGecko and CoinMarketCap listings.
Finally, Shiba Shootout’s team is even set on obtaining CEX listings, which would dramatically boost accessibility.
Shiba Shootout vs. Floki – Who Will Come Out on Top?
As Shiba Shootout’s ICO rages on, many are asking: Could this be the next Floki?
It’s a tall order, considering Floki’s $1.1 billion market cap and daily spot volumes that regularly exceed $180 million.
Much of Floki’s success is tied to its ambitious P2E game, Valhalla, which promises a Viking-themed metaverse experience.
However, Valhalla’s journey hasn’t been without its hurdles.
Delays in its full release have left a gap in the market – one that Shiba Shootout could fill.
While Floki’s game remains in development limbo, Shiba Shootout’s team is going full steam ahead with its Wild West-themed mobile game.
Plus, Shiba Shootout’s more focused approach – a mobile game rather than a whole metaverse – could work in its favor.
It’s focusing on accessibility and quick implementation.
And this could be a smart move, given how things are going in the market right now.
Ultimately, since Shiba Shootout’s ICO is still ongoing, it’s impossible to predict if it will reach Floki’s heights.
But its Western vibe and packed ecosystem suggest the project definitely has the potential to make its mark.
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