New Shiba Inu ICO Attracts Popcat Investors – Is a 100x Boom Possible?

Author

Joel Frank

Author

Joel Frank

About Author

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology…

Share

Last updated:

September 10, 2024 14:47 EDT

Why Trust Cryptonews

With over a decade of crypto coverage, Cryptonews delivers authoritative insights you can rely on. Our veteran team of journalists and analysts combines in-depth market knowledge with hands-on testing of blockchain technologies. We maintain strict editorial standards, ensuring factual accuracy and impartial reporting on both established cryptocurrencies and emerging projects. Our longstanding presence in the industry and commitment to quality journalism make Cryptonews a trusted source in the dynamic world of digital assets. Read more about Cryptonews

A new Shiba Inu-themed ICO is attracting attention from a broad base of meme coin investors, including from popular Solana cat meme coin Popcat (POPCAT).

The new Shiba Inu ICO in question is called Shiba Shootout (SHIBASHOOT), an exciting Wild West-themed play-to-earn adventure game.

Shiba Shootout’s official game has already launched on Google Play and the App Store, while the new Shiba Inu’s ICO has already raised over $1.1 million.

As the Popcat (POPCAT) price rallies back above its 50DMA and into the mid-$0.60s, it could be on the verge of a surge back to $1.0.

That could coincide with the return of meme coin season as the Fed begins cutting interest rates later this month.

Popcat price upside and a new meme coin season could suggest huge upside potential for new Shiba Inu ICO Shiba Shootout.

Some analysts, like Crypto Boy, are even betting that SHIBASHOOT could enjoy a 100x price boom.

Cryptonews.com’s in-house presale analyst Chester, meanwhile, agrees that SHIBASHOOT has 100x potential.

Here is everything you need to know about the exciting new presale.

Here’s What You Need to Know About the New Shiba Inu ICO SHIBASHOOT Presale

New Shiba Inu ICO Shiba Shootout is has allocated 35% of the SHIBASHOOT token supply to the presale.

A further 20% has been reserved for presale investor staking rewards.

So, not only does SHIBASHOOT come packed with P2E utility, but it is also a passive income gem.

And that’s not an exaggeration. Per the project’s Cactus Staking dashboard, presale investors who stake their tokens can earn a yield of around 857% APY.

At that staggering rate, a presale investor could double the size of their SHIBASHOOT bag in just a few weeks.

SHIBASHOOT tokens are currently available at a rate of $0.0202, but investors looking to get in on the ground floor better more quickly, as prices will rise in just over 5 days or when the $1.8 million mark is hit.

To join the new Shiba Inu ICO, interested investors need to head to the Shiba Shootout website, connect their wallet, and buy using ETH, USDT, BNB or bank card.

Connect with the new Shiba Inu project, Shiba Shootout, on X and Telegram for timely updates.

Visit Shiba Shootout Now

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.