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Reading: Shiba Shootout surpasses $750,000 in presale, leverages momentum in the cryptocurrency market
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Gulf Press > Business > Crypto > Shiba Shootout surpasses $750,000 in presale, leverages momentum in the cryptocurrency market
Crypto

Shiba Shootout surpasses $750,000 in presale, leverages momentum in the cryptocurrency market

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Last updated: 2024/07/23 at 2:57 PM
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Shiba Shootout ($SHIBASHOOT) is a new meme coin inspired by the popular Shiba Inu cryptocurrency, which has already exceeded $750,000 in its presale. The token is currently priced at $0.0196, and many expect its value to rise significantly once the presale concludes, fueled by the anticipated success of its play-to-earn (P2E) game. The project, launched in April 2024, offers an immersive Wild West-themed gameplay experience where players engage in thrilling gun battles to earn tokens. The game has received positive feedback for its simple yet engaging gameplay, interesting characters, and availability on both Google Play and Apple App Store.

With 35% of $SHIBASHOOT tokens allocated to the presale and a further 20% for staking, potential buyers have less than 24 hours to take advantage of the current presale stage and secure tokens at the lowest prices. The meme coin market has seen a resurgence lately, with Shiba Inu-themed and Doge-inspired tokens leading the way. Shiba Shootout aims to leverage this momentum by offering a unique blend of gaming and investment opportunities, with a strong focus on community support and innovative gameplay mechanics. Influential YouTuber Austin Hilton, with 271,000 subscribers, has expressed optimism about the project’s potential for success.

As the Shiba Shootout presale nears its end, interested investors can easily join by visiting the project’s website, connecting their wallet, and purchasing $SHIBASHOOT using ETH, USDT, or BNB. Credit cards are also accepted for the presale. The excitement surrounding Shiba Shootout reflects a broader trend within the meme coin market, with investors increasingly looking for projects that offer both entertainment value and potential returns. However, it is important to note that cryptocurrency investments are high-risk and speculative in nature, and individuals should conduct their own research before participating in any investment opportunity.

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News Room July 23, 2024
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