Here’s Why Traders Are Backing New Shiba Inu (SHIB) Rival

Shiba Inu has definitely enjoyed its wild run in 2021. The meme coin made several investors into millionaires. However, the chances of Shiba Inu putting on a similar price surge again is highly unlikely.

The reason is quite simple actually – since SHIB has a market cap of around $15 billion, producing gains of 10-20x may be difficult for this top meme coin. As a reminder, SHIB produced gains of around 3x this year, while some lower-cap meme coins such as WIF or PEPE produced much more.

Therefore, investors are steering their focus towards this new Shiba Inu rival. Let us dive deeper to understand why investors are looking into Shiba Shootout.

A clear roadmap

While most of the meme coins lack a clear vision and roadmap, Shiba Shootout has already sketched its plans for the future. 

Phase 1: Launch and Presale

The first phase focused on launching the Shiba Shootout project and its website, which it successfully completed. The presale of SHIBASHOOT tokens is a crucial part of this phase. The project is also looking into potential CoinGecko and CoinMarketCap listings.

Phase 2: Community Building and Partnerships

Building a strong and engaged community is a priority in the second phase. The project also plans to form partnerships with other projects and influencers. Additionally, they are planning to form a token gated Discord group for the holders.

Phase 3: Merchandise and Educational Tools

In the third phase, Shiba Shootout will introduce themed merchandise for fans and supporters. Additionally, the project will develop educational tools and resources, including a SHOOTOUT academy.  

#SHIBASHOOT stands out from other #memecoins with its unique themes, strategic gameplay, and engaging community events.🎉

Join the adventure! 🚀 pic.twitter.com/zRzaI56LNK

— shibashootout (@shibashootout) May 31, 2024

Features That Engage Users

Shiba Shootout’s features make it potentially appealing to traders. Let’s take a closer look at what this meme coin offers.

Cactus Staking: Grow Your Rewards

We can say that the Cactus Staking is a standout feature. Users can stake their SHIBASHOOT tokens and earn rewards over time. As per project’s website, current APY is over 2,500%.   

Lucky Lasso Lottery: A Chance to Win Big

The Lucky Lasso Lottery gives users a chance to win big crypto prizes. By using SHIBASHOOT tokens, participants can enter the lottery. A portion of the proceeds goes to charitable initiatives. Another potentially interesting feature.

Savings Saddlebags: Automatic Earnings

The Savings Saddlebags feature allows users to allocate a percentage of their tokens to a wallet. These tokens are locked for a specific period which will earn investors additional rewards over time.  

Posse Rewards: Grow the Community

Posse Rewards is a referral program that incentivizes users to invite friends to join the Shiba Shootout community.  

Conclusion

Shiba Shootout offers various ways for users to earn rewards. In comparison to other meme coins, where you can earn by just buying and selling, Shiba Shootout offers a wide range of options for earning.

For meme coins, community is one key factor in their growth. Shiba Shootout’s focus on community building through regular activities and interactive features strengthens its user base.  

The Shiba Shootout presale is currently ongoing, presenting a potential opportunity for traders to buy SHIBASHOOT tokens at a lower price. If you are looking to diversify your portfolio, Shiba Shootout might be a project that you could look into.

Users must connect their Trust Wallet, MetaMask, Coinbase, or Best wallet via the Shiba Shootout website in order to take part in the presale. They can use credit/debit cards, ETH, BNB, or USDT to buy SHIBASHOOT tokens. To stay away from scammers, it’s crucial to use the official website.

BE A PART OF SHIBA SHOOTOUT – Website  |  Twitter  |  Telegram