Shiba Shootout Hits $1M in Presale – Don’t Miss Out on the Last Meme Coin Standing

Last updated:

Author

Gary McFarlane

Author

Gary McFarlane

Last updated:

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

Shiba Shootout ($SHIBASHOOT) isn’t cooling its peacemaker barrel anytime soon, as its presale hits the bullseye with $1 million raised and counting.

With fundraising efforts running for just over a month, this new meme coin project has the momentum to attract a few “million dollars” more as the presale continues to sizzle.

Its mobile game Shiba Sharpshooter has already amassed over 1,000 downloads on the Google Play Store, with a Web3 app launching soon.

Combining a Wild West theme with the ever-endearing, crypto community-favorite dog breed is the two main reasons for the record-breaking capital influx.

Currently at $0.0199, its native token $SHIBASHOOT will rise again in less than 24 hours as the project saddles up for the next funding stage.

Be an early contributor to the game’s development and participate in the sharpshooting Doge action.

Meme coin creation has been wild but lost the essence of memes

It is no secret that meme coins have not been in the same shape as they were a few months ago.

The peak of the frenzy, when over a million meme coins launched on Solana in April, has morphed from what started out as a lighthearted endeavor for pure fun and a few laughs into a more opportunistic pursuit for quick profits.

Since June, the market has been in a nosedive.

Leading meme coins, such as Dogecoin ($DOGE) and Shiba Inu ($SHIB), have lost 34.25% and 43.25% in the past three months.

Pepe ($PEPE), which was a leader in the earlier meme coin rally, is down 47.28% in the same time frame.

But coming to the aid of the sector with the hope of getting it out of these Wild West days of meme coin surfeit, a Shiba Inu donning a cowboy hat and a neckerchief, with two single-action revolvers drawn at its side, is ready to revive the true spirit of memes: community and creativity.

That’s right – it’s Shiba Shootout.

Shiba Shootout: Bringing the meme spirit back to life

Humor and satire drive the spread of meme coins, which are magnets for strong community-driven growth.

Take Dogecoin. It began as a tribute to the ‘doge meme’, a widely memed photo of a Shiba Inu dog named Kabosu. Dogecoin was parodyingww the craze for minting alcoins crypto by making one as ridiculous as possible.

In fact, its creation wasn’t with an ounce of seriousness at all. It was a fork of Lucky Coin, which has a random block schedule that potentially gives miners 1,000 free coins or nothing – all with the intention of its creators, Bill Markus and Jackson Palmer, to discourage miners from using it as a long-term payment solution.

However, the crypto space still embraced the breath of fresh air Dogecoin brought, which is why it has become the de facto mascot of the sector. A similar case is seen with the multitude of Pepe memes, followed by its highly successful crypto version, $PEPE.

Indeed, satirical creativity sparks virality and builds a community that propels a tokenized version of a meme into stardom.

However, in recent months, this spirit of humorous creativity seems to have dissipated, which is why Shiba Shootout is the breath of fresh air the sector needs.

Welcome to Shiba Gulch

Shiba Shootout is building a digital settlement – Shiba Gulch – where Shiba Inu enthusiasts and those seeking the fun of meme creation can gather.

Shiba Gulch is where everyone can share memes they create and compete in meme-offs.

The project aims to reintroduce fun into meme coins – because who doesn’t have a laugh, a chuckle, or break into a smile after seeing the heads of Olympic 10m air pistol competitors replaced by Shiba Inu cowboy faces?

In addition to being a hub for meme battles, Shiba Gulch also hosts poker tournaments with a crypto twist and virtual treasure hunts, bringing the Wild West vibe to life.

$SHIBASHOOT token: How to earn it and what is it for?

At the heart of the town of Shiba Gulch is the $SHIBASHOOT token, which you can earn through exciting ways like “Campfire Stories” sessions where top crypto storytellers snag extra tokens. Inviting friends to join the Shiba Shootout can also boost your stash as you expand your “posse”.

Token holders can enter the “Lucky Lasso Lottery” for a chance at big crypto prizes or to shape project decisions in “Governance Roundups”.

$SHIBASHOOT can also be used to max out your skills in the Shiba Sharpshooter game to get more Ws in the duels.

But the real magic happens with $SHIBASHOOT tokens in the “Cactus Staking Program”, offering a whopping 931% annual percentage yield (APY) – a golden ticket to double your investment quickly while the Web3 app is still in development.

So, while Shiba Shootout makes meme-making fun again, it also gives its native token real utility, upping its use as a mere meme coin.

This is why Shiba Shootout has garnered overwhelmingly positive media attention. Trusted crypto news outlet Cryptonewshas conducted an in-depth review of the project, which you can watch in the video below:

So, if you haven’t joined Shiba Shootout’s action-packed presale yet, head over to the project’s website, connect your wallet, and exchange ETH, USDT, or BNB for $SHIBASHOOT. Bank cards are also accepted.

For your peace of mind, Shiba Shootout’s token smart contract has been audited by SolidProof and KYC’d by Coinsult.

The Shiba Sharpshooter game is available for download on Google Play and the Apple App Store.

Stay informed about all developments at Shiba Shootout by joining its community on X and Telegram.

Buy $SHIBASHOOT 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.

You May Also Like