Shiba Shootout has been able to gather more than $500,000 within a few weeks of its presale.
Many meme coins have been dipping and losing their value due to the current crypto downturn but Shiba Shootout has continued to increase its value, gathering new investors through its presale.
Shiba Shootout has unique utility ideas, tokenomics, and a roamap, making what it stands for attractive to investors. We will look at all these in more detail in the following paragraphs.
Shiba Shootout creates a community reminiscent of the Wild West, blending excitement with the unpredictability of cryptocurrency.
This spirit is captured through the Shiba Showdown, a competition that goes beyond the ordinary by combining creativity, clever strategies, and a playful cowboy theme, making it a unique and engaging experience.
The ecosystem features characters like Marshal Shiba, a legendary and quick-witted figure who roams the landscape, rallying Shiba Inu supporters for the Shiba Showdown contest.
Marshal Shiba is accompanied by the Shiba Sharpshooters, a group of skilled crypto enthusiasts and meme coin creators.
These characters play a crucial role in the success of the Showdown and are the driving force behind the project’s popularity and community engagement.
The ecosystem also includes Shiba Gulch, a central hub where crypto enthusiasts gather for various activities, including challenges, meme sharing, and participation in the Shiba Showdown.
The town features virtual saloons and creates an atmosphere filled with laughter, fun, and opportunities for profit.
Shiba Shootout Has Some Utility Ideas
Shiba Shootout has some utility ideas. It allows us to earn passive income through various means, one of which is its cactus staking plan. This allows holders to stake their tokens for passive income to accumulate profit.
The more the amount staked, the more the potential reward. The project has secured more than 16.5 million SHIBASHOOT tokens in its staking pool
They also have the Lucky Lasso Lottery, which allows participants to use Shiba Showdown tokens for a chance to win big prizes. There’s also the Campfire Story Session, where community members come together to casually share their experiences about meme coins and other cryptocurrencies.
Also, the token gives holders the right to vote on important decisions within the community. This makes them a part of its growth process.
Well-Structured Tokenomics and Roadmap
The project has allocated 35% (770 million tokens) of the total supply to the ongoing presale. Another 20% (440 million tokens) will be used to reward stakers.
10% (220 million tokens) will fund ongoing project development, while another 10% will ensure smooth buying, selling, and trading processes by maintaining sufficient liquidity.
An additional 20% of the tokens are earmarked for marketing to increase the project’s visibility, and the final 5% is set aside as a reward for standout community members, known as the most daring sharpshooters.
The roadmap is divided into three clear phases:
Phase 1: Project launch and listings on CoinGecko and CoinMarketCap to enhance visibility and data accessibility. The goal is to achieve over 1,000 SHIBASHOOT holders and consistently trend on X (Twitter), leveraging the strength of memecoin enthusiasts.
Phase 2: By this stage, the project aims to have over 5,000 holders and establish community partnerships. Plans include creating the $SHOOTOUT Times digital newsletter and forming a token-gated Discord group, open only to SHIBASHOOT holders. The target is to reach over 10,000 holders during this period.
Phase 3: Launch of $SHOOTOUT Merch, $SHOOTOUT Academy, and $SHOOTOUT Tools. These initiatives will empower community members with knowledge and tools to maximize their involvement in the Shiba Shootout ecosystem. The goal is to exceed 100,000 holders and prepare for major growth.
The detailed roadmap provides community members with a clear template to monitor the project’s progress and growth.
All in all, if you are looking to diversify your meme coin portfolio, SHIBASHOOT could be the next big thing in this sector.
JOIN THE SHIBA SHOOTOUT (SHIBASHOOT) COMMUNITY NOW
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