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Shiba Shootout: The Wild West Meme Coin to Watch

Jul 16, 2024 am 01:31 AM

Are you an investor or trader in the meme coin sector? If yes, well, you know that there are hundreds of meme coins launching on a daily basis.

Shiba Shootout: The Wild West Meme Coin to Watch

Shiba Shootout, a new meme coin currently in presale, is quickly emerging as a project to watch within the meme coin sector.

Its unique theme, strong utility, and marketing efforts are driving interest and setting it apart from the numerous rug pulls that plague the meme coin landscape.

Shiba Shootout presale is underway and nearing the first important milestone during this phase - $500k raised in presale. But, what’s driving the interest towards Shiba Shootout?

Official Shiba Shootout presale page

Wild West Theme

Even though some meme coins that are not “dogs†(PEPE, MOG, etc.) did pretty well in recent months, dog-themed memes are still the ones dominating the market. Shiba Shootout is an alternative to Shiba Inu, one of the biggest dog-memes out there.

But, Shiba Shootout offers a different theme; a wild west one. Marshal Shiba is the project's central character. He wears a hat and looks like a cowboy.

Shiba Gulch is the place where Marshal is “the guy†and where everything around this meme plays out.

This town “transforms†into a place of meme battles and friendly chats. All with the goal to show the whole meme coin sector that Shiba Shootout is “the king†of the wild west theme.

And then there are Shiba Sharpshooters, the community members. Marshal Shiba rallies them.

Cactus Staking and Other Benefits

Shiba Shootout offers an innovative staking mechanism known as Cactus Staking. This feature enables holders to lock up their $SHIBASHOOT tokens and earn rewards over time, of course.

The project is very transparent about its staking feature since all data is available on the official staking dashboard page.

At press time, APY is over 2,000% while more than 14.5 million tokens are already staked. It’s important to note though that these rewards % will decrease, as more holders decide to stake the token.

So, this means: the sooner you stake it, you get higher APY.

The whole feature is cleverly represented by a digital cactus, which serves as a visual indicator of your growing rewards. As you keep your stake for longer periods, you'll see your virtual ‘cactus’ flourishing and expanding.

There are several other elements that help boost holder participation.

For example, the Poose rewards bring incentives to those who invite more people to join the community.

Moreover, Campfire Stories provide a relaxed environment for participants to share their experiences with cryptos and meme coins.

The project also encourages its community through Token Governance Roundups, where users can cast votes on crucial project decisions. For those feeling lucky, the Lucky Lasso Lotteries offer token-based draws with exciting prizes up for grabs.

Finally, Shiba Shootout introduces the "Savings Saddlebags" feature; a functionality that enables users to set up automatic transfers of a specified portion of their ShibaShootout tokens into a designated wallet. This way, participants set aside part of their tokens for the future (use or investment).

Saddle up! #ShibaShootout is more than a #memecoin it's a Wild West crypto adventure! 🠾💥 Join Marshal Shiba & the Sharpshooters in Shiba Gulch for fun and excitement. 🤠🚀 pic.twitter.com/a3BFVx7u42

Marketing

Marketing plays a crucial role in every early-stage project success in this industry. Floki is probably the best example - this team produced an aggressive marketing campaign in 2021 and this took Floki to billions in market cap.

After the bear market, they continued to do the same thing and Floki is still one of the top memes out there.

Shiba Shootout is doing a great job when it comes to marketing. They work with many crypto media outlets that help them spread the word.

Furthermore, the team has plans to work with more YouTubers in the upcoming weeks. A few of them (for example ClayBro with over 130k subscribers) posted videos about the Shiba Shootout already, but the campaigns will likely continue.

Shiba Shootout’s Telegram and Twitter accounts also have thousands of members/followers now. Their Twitter account is extremely active, and all updates about the project can be found there.

Presale Goals and Tokenomics

After breaching the $500,000 milestone, the team will focus on the next big goal; raise $1 million.

Shiba Shootout 代币的总供应量为 2,200,000,000。其中 35% 用于预售。各 20% 用于营销和质押,这是 Shiba Shoot 的两个非常重要的组成部分

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