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Meme coins are known for being very volatile, as they rise and fall quickly. Various meme coins like DOGE and SHIB have had times when they spike so high, and investors try to jump into the rally.
People start to time when bull rallies would likely continue, and the rest of 2024 and 2025 have been seen as a period to expect more spikes.
There are some memes with the potential to spike very high. Floki Inu (FLOKI) and Shiba Shootout (SHIBASHOT) are on the top of this list. Let’s look at what makes them unique.
Floki Inu: Expanding Horizons and Utility
Floki Inu ecosystem has been growing and focusing on increasing its utility and reach. The project announced a marketing campaign in Nigeria, showing its interest in reaching new markets.
Nigeria is seen as the right market because many people use crypto in the country. The campaign is projected to cover major cities like Lagos, Abuja, and Port Harcourt, and is expected to reach over 36.5 million people, boosting Floki’s visibility in the region.
But Floki has plans beyond just marketing. The successful closed test of the Floki Trading Bot shows the project is dedicated to creating useful features for its token. Over 350 people tested the bot, and their feedback was used to improve it.
The bot is now ready to be launched publicly. The bot can generate significant revenue through fees, and it has a feature that automatically buys and burns FLOKI tokens, which makes the token more valuable for investors.
Floki Inu is building a lot of different things to grow its project. This includes Valhalla, which is an NFT-based game world, FlokiSpaces, which is an NFT marketplace, and FlokiFi, which is a decentralized finance platform.
The meme coin project is taking a wide approach to creating value that will last. Its also recently got listed on trading platforms like Blast Futures, RabbitX, and Nexo.
Shiba Shootout: A Fresh Take on Meme Coins
Floki Inu is building on its existing presence, but a new meme coin called Shiba Shootout (SHIBASHOOT) is also catching people’s attention.
SHIBASHOOT stands out with its Wild West theme, combining the appeal of meme coins with an engaging story.
SHIBASHOOT’s unique approach is seen in its focus on the community. The ‘Shiba Gulch’ concept creates a virtual space where fans can come together, share memes, and take part in challenges. This helps build a strong sense of community.
The project also has features like ‘Campfire Stories’ and ‘Token Governance Roundups’ that encourage people to actively participate and have a say in how the project is run.
SHIBASHOOT has designed its token system and features to encourage people to hold onto their tokens and stay involved. The ‘Posse Rewards’ referral program, ‘Lucky Lasso Lotteries’, and ‘Cactus Staking’ let token holders earn rewards in different ways.
The ‘Savings Saddlebags’ feature also encourages people to lock their tokens for longer periods, which could help keep the price stable by reducing selling.
20% of the total token supply is set aside for staking rewards, and 5% goes to a ‘Rootin’ Tootin’ Shooter Fund’ for top community members, as the project is also interested in rewarding active participants. Additionally, 20% of the tokens are allocated to marketing, making sure the developers continue to focus on growing the project’s reach and visibility.
🤠 Token Governance Roundup! 🗳️
Saddle up, #token holders! Cast your votes and shape our project's future. Let's make decisions together! 🌟 pic.twitter.com/CF975PQXco
— shibashootout (@shibashootout) June 16, 2024
Why SHIBASHOOT Might Stand Out
Floki Inu has become a big name in the meme coin world, but SHIBASHOOT’s new approach and exciting theme could help it capture a good chunk of the market. SHIBASHOOT stands out by creating an engaging story and community experience, rather than just being a typical meme coin.
SHIBASHOOT’s potential to stand out comes from its ability to offer a unique and fun ecosystem that’s more than just holding tokens. The Wild West theme provides a great backdrop for creative marketing and community activities, which could help it attract people who aren’t usually interested in crypto.
Furthermore, SHIBASHOOT’s focus on adding fun game-like features and regularly interacting with the community could lead to higher engagement and stronger loyalty compared to other meme coins. This active community participation is key for keeping momentum and growing in the unpredictable meme coin market.
In summary, Floki Inu has good potential with its worldwide growth plans and focus on usefulness.
But Shiba Shootout provides a new and exciting option that could grab people’s interest.
Both projects seem promising to do well in 2024 and 2025.
JOIN THE SHIBA SHOOTOUT PRESALE (SHIBASHOOT)
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