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Pepe Coin gained a lot of popularity due to its price increase and concept. Earlier this year, PEPE achieved consecutive all-time highs, but its value has since cooled off.
In recent times, Shiba Shootout, a new meme coin, has come out as a competitive contender. Let's examine why Shiba Shootout is currently the most popular meme currency to watch, taking into account its various features and what it offers.
Major distinctions between Pepe Coin and Shiba Shootout's tokenomics are apparent when we take a closer look at them both.
Shiba Shootout uses a different framework from PEPE. The $SHIBASHOOT token's whole supply is intended to fund its benefits and features.
35% of the tokens are allocated for the presale (770 million tokens), 20% are for staking incentives (440 million tokens), 10% are for project finances and liquidity (220 million tokens each), and 20% are for marketing (440 million tokens).
An additional 5% (110 million tokens) is granted to the Rootin' Tootin' Shooter Fund, honoring dedicated and active participants. This distribution demonstrates a thoughtful strategy for market stability, community involvement, and growth.
Pepe Coin, on the other hand, has a maximum supply of 420.69 trillion PEPE. The forg coin also has a burning mechanism that periodically removes some coins from circulation in order to preserve scarcity.
93.1% of Pepe Coin's maximum supply was sent to the Uniswap liquidity pool, where the deployer contract was transmitted to a null address and LP tokens were burned.
The remaining 6.9% is kept in a multi-signature wallet for potential exchange listings and liquidity pools.
Several key features distinguish Shiba Shootout from various other meme coins. Figures like Marshal Shiba and the Shiba Sharpshooters are introduced in the project's Wild West theme.
The head of the community is Marshal Shiba. He'll be shown with a blockchain lasso and a cowboy hat. A talented bunch of meme makers and cryptocurrency lovers goes by the name Shiba Sharpshooters.
They participate in meme competitions and contribute original content to the community. Cactus Staking is one among Shiba Shootout's unique features.
Through the use of this staking system, users can stake their $SHIBASHOOT tokens and gradually accrue rewards, which are shown as a growing virtual cactus.
The cactus, which represents the accrued rewards, grows larger throughout the time the tokens are pledged. Shiba Shootout has a number of interactive community features in addition to staking.
Users are encouraged to invite friends to join the community by the Posse Rewards program, which awards bonus tokens for doing so.
Community members have a forum to share their stories and experiences with cryptocurrency during Campfire Stories sessions. Users can cast votes on important project decisions through token governance .
On its website, Shiba Shootout has provided a detailed plan. Launching and gaining exposure with listings on CoinMarketCap and CoinGecko are a few of the project's objectives.
The project also plans to list it on DEXs and CEXs and make it trending on DexTools. They intend to generate a lot of talk on Twitter and other social media sites. Lately, they also added a vision of launching their play to earn game on official stores.
The roadmap for Shiba Shootout demonstrates a distinct vision and a methodical strategy for reaching its objectives. There are all the indications that this new meme coin will be the next big thing.
Even though it might be incredibly tough for Pepe Coin to create another ATH given the state of the market, Shiba Shootout is probably going to succeed if all goes as planned.
The project's presale has raised over $1.15 million so far. The price of the coin is $0.204. Users can connect their wallet and buy the coin with ETH, USDT or BNB. Investors can also use cards for purchasing the coins.
If you have finished the purchase, you can visit the cactus staking section to stake your tokens. They are offering 800% rewards per year.
JOIN THE SHIBA SHOOTOUT PRESALE (SHIBASHOOT)
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
