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Reading: Investors Flock to New Shiba Inu ICO Inspired by Popcat
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Gulf Press > Business > Crypto > Investors Flock to New Shiba Inu ICO Inspired by Popcat
Crypto

Investors Flock to New Shiba Inu ICO Inspired by Popcat

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Last updated: 2024/09/11 at 2:43 AM
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A new Shiba Inu-themed Initial Coin Offering (ICO) called Shiba Shootout is attracting attention from meme coin investors, including fans of the Solana cat meme coin Popcat (POPCAT). The ICO is for a play-to-earn adventure game with a Wild West theme. The official game has already launched on Google Play and the App Store, and the ICO has raised over $1.1 million. The resurgence of interest in meme coins like Popcat, along with the anticipation of a new meme coin season and potential interest rate cuts by the Fed, could signal significant upside potential for the Shiba Shootout ICO. Prominent crypto analysts predict a 100x price boom for SHIBASHOOT, making it an exciting opportunity for investors.

SHIBASHOOT has allocated 35% of its token supply to the presale, with an additional 20% reserved for presale investor staking rewards. This means that investors not only have the opportunity to participate in play-to-earn activities but also earn passive income through staking. The project’s Cactus Staking dashboard shows that presale investors who stake their tokens can earn an impressive yield of approximately 857% annual percentage yield (APY). With such high potential returns, investors could double their holdings in just a few weeks. The current price for SHIBASHOOT tokens is $0.0202, but prices are expected to rise in just over five days or when the $1.8 million mark is reached. Interested investors can participate in the ICO by visiting the Shiba Shootout website, connecting their wallets, and purchasing tokens using ETH, USDT, BNB, or a bank card.

As with any investment in the crypto space, it’s important to note that crypto is a high-risk asset class. The information provided in this article is for informational purposes only and should not be considered investment advice. Investors should be aware that they could potentially lose all of their capital when investing in projects like the Shiba Shootout ICO. Stay up to date with the latest developments by connecting with the Shiba Shootout project on X and Telegram for real-time updates. Don’t miss out on this opportunity to be a part of the exciting new Shiba Inu ICO and potentially capitalize on the potential for significant returns.

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News Room September 11, 2024
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