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Crypto experts back the new Shiba Shootout token, which has raised over $1 million in presale ahead of its exchange debut.
Prominent crypto experts are rallying behind the newly launched Shiba Shootout (SHIBASHOOT) token, anticipating price gains once it launches on exchanges.
The project is currently undergoing a presale, where it has just past the revered $1 million total raised mark.
Shiba Shootout could make millionaires, says analyst
One of the big reasons behind Shiba Shootout’s success is that it’s not just a memecoin.
The project has a slew of other features, many of which can provide community members with significant rewards.
For instance, its flagship feature is a Play-to-Earn game called Shiba Sharpshooter. This allows users to earn free crypto while testing their abilities in a high-octane, skill-based domain.
Prominent Crypto analyst ClayBro brought this to light in a recent YouTube video. He says that Shiba Shootout could “make millionaires.”
In addition to the potential to earn from the ecosystem, ClayBro talks about how investors can profit from an increasing Shiba Shootout price.
“Guys, we are watching the Shiba Shootout price increase at each (presale) stage,” he said.
Based on its total raise, the analyst noted that Shiba Shootout’s liquidity is low, which means “with any amount of money flowing in, we are going to see an astronomical price increase.”
Shiba Sharpshooter is available now on smartphone marketplaces
Gamers are putting their skills to the test in the Shiba Sharpshooter game. Even though the project is in its presale stage, the game is already available for download.
It’s a lite version, with the team gathering valuable feedback and data for the succeeding Play-to-Earn version. However, it’s a unique glimpse into the project and what it’s all about.
Shiba Sharpshooter is available on the App Store and Google Play Store and will involve “Facing off against formidable opponents in intense duels, using your quick reflexes and sharp shooting skills to outdraw your rivals.”
Interestingly, the feedback is in, and many people say the game is challenging.
While this may change when the P2E version launches, ClayBro views the game’s difficulty as a positive.
“5% of the entire token supply is set aside (as rewards) for people who are good at that game. If you’re good at video games, that is a lot of money to earn.”
He also noted that notouriosuly difficult games often prove popular, take Flappy Bird, for example.
Staking rewards, on-chain governance, and a lottery add firepower to Shiba Shootout
Shiba Shootout is an ecosystem made up of numerous innovative utilities. For many people, staking is a big one. Holders can deposit their tokens in the project’s staking contact to generate passive rewards.
SHIBASHOOT tokens will also grant users a say on important decisions about the project’s future in an initiative called “Governance Roundups.”
There’s also Lucky Lasso Lotteries, a lottery system where users can buy tickets with SHIBASHOOT tokens. The team will donate earnings from the lottery into charitable initiatives.
It also has a feature called Campfire Stories. This is a community story-sharing event where people can gather and share their interesting crypto experiences for SHIBASHOOT rewards.
Not only will this strengthen the community, but it could also provide valuable lessons, with participants drawing from each other’s experiences and perspectives.
And on top of all of this, Shiba Shootout embraces the viral Shiba Inu meme. With a Wild West spin, unique features, and an ongoing presale, it’s doing everything to interest some of SHIB’s 1.4 million holders.
But right now, investors can still buy in at a discounted presale price. It is currently available at $0.02, but this will likely rise in four days.
The project was audited by Solid Proof, a third-party security firm, which found no issues with its smart contract.
For more information, visit the Shiba Shootout presale website or join the community on X and Telegram.
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