New P2E Meme Token ICO Nearly Raises $1 Million – Next Shiba Inu?

Meme coins might face a new challenger as Shiba Shootout approaches $1 million in a trending ICO, predicted to be the next 100x crypto.

Supporters are eagerly backing the token, expecting significant gains once it debuts on decentralized exchanges (DEX).

This article explores the factors driving $SHIBASHOOT’s success so far and outlines what to anticipate from it in the future.

Shiba Shootout’s ICO nears $1 million mark

Shiba Shootout’s ICO has raised over $960,000, with the $1 million milestone now within reach. Investors are actively purchasing $SHIBASHOOT tokens at $0.0199 each using ETH, USDT, BNB, or credit/debit cards. Token claiming is paused until the ICO concludes.

Early investors aren’t idle, as immediate staking options allow them to grow their $SHIBASHOOT holdings right away. The Shiba Shootout tokenomics model is set up to support a lasting and beneficial ecosystem for both holders and the community.

Out of a total supply of 2.2 billion tokens, here’s how they are divided: 35% (770,000,000 tokens) go to the presale, giving early investors a big share in the project. Another 20% (440,000,000 tokens) are for staking, allowing users to earn rewards and encouraging them to hold tokens long-term.

Marketing also gets 20% (440,000,000 tokens) to help the project gain visibility and attract new users. To ensure smooth transactions on decentralized exchanges, 10% (220,000,000 tokens) are set aside for liquidity. Another 10% (220,000,000 tokens) are reserved for ongoing development and operational costs.

Lastly, 5% (110,000,000 tokens) go to the Rootin’ Tootin’ Shooter Fund, which supports special projects and community initiatives. This plan makes sure Shiba Shootout supports the community and has the resources for future growth.

They’ve also addressed common investor concerns about security and rug pull risk. To ensure the safety of investor funds, $SHIBASHOOT underwent and successfully passed a SolidProof security audit.

Shiba Shootout: Cowboy-themed features and rewards

Shiba Sharpshooter, the game powering Shiba Shootout, is already available in an early development version on Google Play and the Apple App Store. The full version is set to launch in 2024, featuring new gameplay updates and $SHIBASHOOT token integration.

Join Shiba Shootout for wild western P2E battles!

Fight alongside Marshal Shiba and the Sharpshooters in this epic crypto game. 🐾🔫

Download today!https://t.co/qRJ2xS9Bwohttps://t.co/3FTtjmJh3H pic.twitter.com/PLbG7r1RVB

— shibashootout (@shibashootout) August 16, 2024

The game takes place in Shiba Gulch, a Wild West-inspired town populated by cartoonish Shiba cowboy characters. In the gameplay, Shiba Sharpshooters engage in duels on an open field.

Tokens will be essential for all in-game purchases, any new systems added to the game, and the Cactus Staking program. Investors currently have the potential to increase their token holdings tenfold through Cactus Staking, which offers an estimated annualized reward of 977%.

However, as more investors participate, the dynamic pricing model will reduce staking rewards. The tokenomics are designed to benefit early investors, with 35% of the total token supply allocated for the presale and 30% dedicated to the Cactus Staking program.

Shiba Shootout strongly emphasizes community-building through four key initiatives:

• Posse Rewards: A referral program that rewards holders with $SHIBASHOOT tokens for bringing new participants to the project.
• Campfire Stories: A regular event where users share their experiences with Shiba Shootout and cryptocurrency.
• Lucky Lasso Lottery: A lottery where participants can bet $SHIBASHOOT for a chance to win substantial rewards, with a portion of the profits donated to charity.
• Token Governance Roundups: $SHIBASHOOT holders can vote on major project decisions, mirroring citizen participation in the Wild West.

Shiba Shootout is poised to become a game-changer in the P2E space with its unique blend of gameplay, rewards, and community engagement.

Shiba Shootout’s three-phase roadmap: Build, expand, and launch

The Shiba Shootout project has outlined a three-phase roadmap to achieve its strategic goals, establishing a strong foundation, expanding the platform, and entering the market robustly.

In Phase 1, the journey starts with the launch of the Shiba Shootout Community, setting up the project’s growth. This phase also includes an AI Contract Audit to ensure security and transparency for token holders.

Following this, token generation and a vigorous marketing campaign will build momentum for the presale launch of $SHIBASHOOT, attracting early users to the ecosystem. Phase 2 shifts the focus to platform development and expansion.

It introduces Campfire Stories, a community-driven feature for sharing experiences and discussions. Blockchain integration will ensure smooth gameplay and transactions, while the Shiba Shootout Awareness Campaign continues to increase visibility.

A significant milestone in this phase is the beta release of the “Shiba Shootout Mini Game,” giving users a preview of the upcoming features. In Phase 3, the goal is to expand market reach and establish Shiba Shootout’s presence.

This phase includes listing the $SHIBASHOOT token on popular decentralized exchanges (DEXs) to improve liquidity and accessibility. The public launch of Shiba Shootout will follow, along with listings on centralized exchanges (CEXs) and platforms like CoinGecko and CoinMarketCap.

Forming community partnerships will help ensure the project’s long-term success and position Shiba Shootout as a major player in the P2E space. To take part in the $SHIBASHOOT token presale, visit shibashootout.com.

Related

• Experts Predict Shiba Inu Poised for Strong Recovery This August – Could SHIBASHOOT Be the Next to Explode?
• Shiba Inu (SHIB) Poised for 5x Rally and Maintaining Market Strength as Shiba Shootout Offers High Potential Returns

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