It’s been a rollercoaster week for DOGS (DOGS) holders. After the thrill of a Binance listing, the coin’s price has dropped significantly, leaving investors puzzled and seeking new opportunities. With Shiba Shootout (SHIBASHOOT) gaining traction, many believe it could be the next meme coin to take off.

The Rise & Fall of DOGS

DOGS was the talk of the meme coin community recently, largely due to its inspiration from Telegram founder Pavel Durov’s drawing of Spotty the dog. Following a massive airdrop, DOGS gained momentum, especially after its listing on Binance on August 26th, which saw the price jump from $0.0011 to $0.0016. For a brief moment, the coin looked unstoppable. But the bullish wave didn’t last—DOGS has dropped by 34% in the past week, now trading at around $0.0010, with a market cap of $560 million. Despite a trading volume of $480 million, the hype has faded, leaving investors wondering if the DOGS run is over.

Crypto Market Faces Volatility as BTC Falls Below $60K

DOGS isn’t the only one struggling. The entire crypto market has hit turbulence, with the total value dropping to $2 trillion—a crucial psychological barrier for many. Bitcoin, which dipped below $60,000 last week, is forecasted to fall further, possibly hitting $54,000. The sell-off in traditional markets is also affecting crypto, with spot Bitcoin ETFs seeing outflows for five consecutive days. Historically, September has been a tough month for crypto, adding to the uncertainty across the board.

Shiba Shootout’s Viral ICO Raises $1M, Investors Drawn to P2E Game

But not all investors are sitting on the sidelines. Many are turning their attention to Shiba Shootout, a meme coin that’s catching fire with its Doge-inspired Western theme. Shiba Shootout’s Play-to-Earn game, Shiba Sharpshooter, offers players the chance to earn SHIBASHOOT tokens, and its staking rewards are set at a staggering 873% per year. The project also features the Lucky Lasso Lottery and Posse Rewards, adding to its appeal.

With its ICO already raising over $1 million, SHIBASHOOT tokens are available for just $0.0201. Some investors are predicting a significant price surge once it lists on a DEX, with speculation of a potential Binance listing down the road. For DOGS investors looking for the next big thing, Shiba Shootout might just be it.

#CryptoMarket #MemeCoin #DOGS #ShibaShootout #BinanceListing $DOGS