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New P2E meme coin Shiba Shootout nears $1M ICO mark

New P2E meme coin Shiba Shootout nears $1M ICO mark

GrafaGrafa2024/08/22 07:45
By:Mahathir Bayena

The meme coin sector has welcomed a new entrant—Shiba Shootout, a Play-to-Earn (P2E) project that adds a Wild West twist to the genre.

Shiba Shootout (SHIBASHOOT) is approaching a significant milestone in its Initial Coin Offering (ICO), with nearly $1 million raised so far.

The project’s P2E ecosystem is themed around the frontier era, featuring a virtual town called Shiba Gulch.

Investors and players can engage in gun battles, share memes, and take part in community challenges within this digital Wild West setting.

The mobile game Shiba Sharpshooter is central to the ecosystem, allowing players to demonstrate their shooting skills in duels.

Victories in these duels are rewarded with SHIBASHOOT tokens.

Shiba Shootout also introduces several unique features to keep users engaged.

“Cactus Staking” and “Lucky Lasso Lotteries” offer amusing spins on traditional crypto mechanisms, while the “Posse Rewards” referral program lets players earn additional tokens for bringing friends on board.

Regular “Campfire Stories” sessions provide a space for players to share their crypto experiences, and “Governance Roundups” enable token holders to vote on important project decisions.

The ICO for Shiba Shootout has gained momentum, with nearly $1 million raised since its launch earlier this year.

SHIBASHOOT tokens are currently priced at $0.0199 each, attracting investors eager to secure their stakes before the coin hits major exchanges.

The project’s appeal is further fueled by its presence on social media platforms and endorsements from prominent YouTubers like ClayBro.

Shiba Shootout aims to carve out its niche in the P2E market with a blend of fun gameplay and earning potential.

While it doesn’t aim to replicate the success of other meme coins like Floki (CRYPTO:FLOKI) or gaming giants such as Axie Infinity (CRYPTO:AXS), its accessible approach targets casual gamers and crypto newcomers.

As interest in Web3 games grows, Shiba Shootout’s innovative mix of entertainment and earnings positions it as a promising player in the evolving crypto landscape.

With its ICO nearing $1 million and growing buzz, Shiba Shootout is generating significant excitement and investment interest.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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