Shiba Shootout, a new venture in meme coins, captures attention by combining Western themes and significant earning potential.
Not So Impressive Shiba Inu Performance
Shiba Inu continues to struggle to maintain its earlier growth momentum. Despite occasional price surges and ecosystem expansion announcements, SHIB's price action remains mainly static. Investors increasingly seek projects offering real utility, a feature some analysts find lacking in SHIB. Since its all-time high in October 2021, the price has dropped by over 78%.
Shiba Shootout in a Nutshell
Shiba Shootout offers a unique blend of Wild West gaming and crypto innovation. The beta version of the game is available on Google Play, with Apple and web3 versions in development. A notable aspect of the project is the Posse Rewards Program, which encourages community growth through bonus tokens. Additionally, participation in Campfire Stories competitions can earn contributors SHIBASHOOT tokens.
Cactus Staking and Tokenomics
One of Shiba Shootout's most attractive features is its staking program with an impressive 740% annual yield. Currently, over 44.6 million SHIBASHOOT tokens are staked. The project's tokenomics are meticulously planned for sustainable growth: 35% is allocated for presale, and 20% each goes to staking rewards and marketing. The remainder is allocated for liquidity and project development.
Shiba Shootout offers a fresh perspective on meme coin capabilities. By integrating engaging gameplay and substantial earning potential, the project introduces new concepts to the crypto space.