Last week, the meme coin sector saw the launch of yet another high-potential presale called Shiba Shootout. The new project is off to a great start, with all the makings of a highly successful ICO.
Shiba Shootout Utility Ideas
Shiba Shootout has a very interesting design, combining the popular Doge meme with the look and feel of the Wild West. However, a more interesting aspect of the project are its utilities.
In its white paper, Shiba Shootout mentioned a multitude of utility ideas, which is not something that is usually associated with a meme coin. Most of them revolve around the Wild West, such as Posse Rewards, where users can invite friends to join the Shiba Shootout community. In cases where the new member signs up, both the referrer and the new member receive bonus tokens.
Then, there is the Campfire Stories, sessions during which community members can share their crypto experiences in a casual, storytelling format. Again, the project will offer rewards to those who tell the most entertaining stories.
The next utility is Token Governance Roundups, where token holders can cast their votes on key project decisions. This is followed by Lucky Lasso Lotteries — a system where participants can purchase tokens using SHIBASHOOT tokens for a chance to win major crypto prizes.
JOIN THE SHIBASHOOT PRESALE AND START STAKING RIGHT AWAY
The project also introduced a unique savings feature called Savings Saddlebags, which allows users to allocate a percentage of their tokens to a dedicated wallet automatically. These funds can then be locked up for a specific period and earn extra rewards for the user.
Finally, there is also Cactus Staking, a new staking mechanism that allows users to stake their SHIBASHOOT tokens on a cactus plant in a digital desert landscape. As per usual, the longer they stake, the more tokens they accumulate, which can also create a very playful visual representation of growing rewards.
Shiba Shootout ICO Is Off To A Strong Start
Shiba Shootout clearly has many plans for its project, with various features and functionalities either already available or coming soon. However, before its community gains access to any of those, the project must first complete its presale.
Shiba Shootout’s ICO launched only last week, but it has already raised over $572k, with the figure continuing to grow. Its token, SHIBASHOOT, currently sells for $0.0195, although this will change as the ICO progresses due to scheduled price increases.
BUY SHIBA SHOOTOUT BEFORE THE NEXT PRICE INCREASE
Each time when the presale goes from one stage into the next, it will see a small price boost, making its token more expensive. This means that it is in investors’ interest to buy sooner rather than later, while the token’s price is still low.
Those who decide to buy can do so with ETH, USDT, BNB, or their credit/debit card. However, even though this is an audited, trustworthy project, it is still best to do your own research first. The next price increase is in six days, so there is plenty of time left to carefully consider the project and what it has to offer before committing.
