Memecoins

Meme Coin: Shiba Shootout presale raises over $600,000 in opening round, boldly highlighting its viral potential. | Business News

Published

4 months ago

12 July, 2024

Meme Coin: Shiba Shootout presale raises over $600,000 in opening round, boldly highlighting its viral potential. | Business News

The meme coin market is in the red this month.

But a new competitor is challenging this trend. The Shiba Shootout ($SHIBASHOOT) presale has raised over $600,000 in its early stages, boldly highlighting its viral potential.

What’s fueling the fear of missing out around Shiba Shootout? Can it surpass Shiba Inu this month?
Shiba Shootout Takes Crypto Investors to the Wild West of Crypto Penalty Shootout Against Shiba is inspired by Shiba Inu, the second largest meme coin in the world.

The Shiba Inu label has its advantages. Instant virality is one. Strong community support is another. But by this rule, any Shiba Inu-related product should be a big hit.

This has not been the case so far. Most, if not all, Shiba Inu derivatives bite the dust after a few days of glory.

This works well for short-term investors. But many are left behind by this relentless volatility.

Shiba Shootout is not aiming to become a passing sensation like the majority of the meme coin market. The website and whitepaper make that clear.

This is a project with a strong utility core.

To begin, Shiba Shootout builds a digital frontier reminiscent of the Wild West.

He’s gearing up for the legendary Shiba Showdown –– a high-stakes battle of creativity, wit and a touch of cowboy charm.

Marshal Shiba leads the Shiba Showdown, rallying the Shiba Inu’s followers to rule the crypto frontier of the Wild West.

Seasoned traders looking for fertile meme coin landscapes and those with a knack for creating hilarious memes can ride alongside Marshal Shiba.

This community of “snipers” will bring Shiba Shootout to the top of the meme coin rankings.

And what motivates them? Active and passive rewards that are too compelling to ignore.
Rain of Crypto RewardsThere is an underlying principle that holds the meme coin community together: rewards and earnings.

This explains the rapid increase in Shiba Shootout pre-sales during the bear market.

Meme coin investors are looking for massive gains. They have found a perfect spot with Shiba Shootout, thanks to its wide range of reward streams.

For example, players can earn attractive rewards by participating in high-stakes battles. The game mechanics here determine the earning potential.

The P2E game will be launched on Google Play and Apple Store soon.

The Posse Rewards referral program is next. It is at the heart of the project’s community development goals. Investors who invite friends to join the community earn referral rewards. Referred friends are also eligible for bonus tokens.

Lucky Lasso lottery is for adventurers only. Here, participants must use $SHIBASHOOT tokens to stand a chance of winning big cryptocurrency prizes. A portion is reserved for credible charities.

Campfire Stories is dedicated to those who need a break from the action. By tapping into their creative side, participants earn $SHIBASHOOT rewards for sharing interesting crypto stories.

However, the rewards aren’t limited to active users who have the time to engage with the community regularly.

Passive investors can also earn attractive rewards through the platform, as outlined in the white paper.

Cactus Staking allows you to lock up $SHIBASHOOT tokens in exchange for attractive rewards. As is the norm, the longer you stake the token, the higher the staking rewards.

To further boost engagement, Cactus Staking takes place against the backdrop of a digital desert landscape. The dashboard visually represents the increasing rewards in the desert.

Crypto influencers are optimistic about the upcoming launch of Shiba Shootout.

Jacob Crypto Bury, who has over 40,000 subscribers on YouTube, touts $SHIBASHOOT as the next potential 10X meme coin.

https://youtu.be/AN4vEYdNdPo?feature=shared
A community-centric, long-term relevant meme currency Community is essential to the success of a meme currency. The long-term journey of a meme currency, in particular, is in the hands of the community.

Community-centered initiatives can thus largely predict the growth potential of the project.

Shiba Shootout’s strategy and roadmap have focused on community engagement and loyalty. Initiatives extend beyond reward programs.

For example, Shiba Shootout token governance meetings allow the community to have a say in major decisions, and draw on the participation of citizens in Wild West towns to fuel engagement.

The voting system fosters a sense of ownership among $SHIBASHOOT investors.

The Tokenomics project is strategically structured with a mix of gamification and financial rewards to give the project long-term staying power. Here’s a breakdown below:

The three-phase roadmap unfolds by building awareness around the token.

The project will establish its official presence on Twitter, Telegram, CoinMarketCap and CoinGecko during this phase. Telegram Community has already reached 3000 users.

Entering its second phase, Shiba Shootout targets a community of 5,000 participants. Relevant industry partnerships will help it tap into other crypto communities.

A digital newsletter called Shootout Times will keep the community informed of the latest developments in the project.

The third phase includes further initiatives. With the community set to grow to over 100,000 owners, branded merchandise is a natural fit at this stage.

Shiba Shootout will integrate with major cryptocurrency exchanges to meet the growing demand. Another important milestone will be the launch of the $SHOOTOUT Academy.

If the project goes as planned, Shiba Shootout could very well be one of the biggest meme phenomena of 2024 and beyond.
Can Shiba Shootout surpass Shiba Inu? It’s too early to tell.

Large-cap cryptocurrencies like Shiba Inu and Dogecoin are largely saturated. They have failed to make bold moves this year.

Shiba Inu Price Evolution Over 1 Year, CoinMarketCap

Mixed performance is discouraging for new investors. Large market caps leave them little room to generate returns.

But when it comes to promising new coins like $SHIBASHOOT, the case is different.

Each token acquired in the ongoing pre-sale phase could potentially multiply to deliver generous returns to early investors.

While it would be far-fetched to assume that Shiba Shootout could surpass Shiba Inu in the rankings, its upside potential is higher.

The cool Wild West vibe, built-in P2E utility, and strategic roadmap give it a huge advantage over other meme coins.

Shiba Shootout also managed to establish its credibility with early investors by undergoing a comprehensive audit by SolidProof.

The Shiba Shootout pre-sale continues apace and shows no signs of slowing down, attracting early investors with attractive discounts and staking rewards.

Rebates and APY rates are structured in favor of early adopters.

Having already raised $600,000, the pre-sale is expected to sell out well ahead of schedule. The launch is expected to coincide with the next stage of this bull run.

To learn more about the viral piece and participate in the pre-sale, Visit the official Shiba Shootout website.

Disclaimer: The above content is not editorial and TIL (Times Internet Limited) hereby disclaims all warranties, express or implied, relating to the same. TIL does not provide any investment advisory services in any manner whatsoever and the publication of this content does not imply endorsement by TIL or Economic Times. TIL strongly advises users to take all necessary steps to ensure that the information and content provided is correct, up-to-date and verified and/or speak to a qualified investment professional before making any investment decision.

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TokenTalk Staff

We are the editorial team of TokenTalk, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on TokenTalk, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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Memecoins

Memecoins dominate major derivatives in terms of open interest | Flash News Detail

Published

4 months ago

1 August, 2024

TokenTalk Staff

Bitcoin Dominance May Have Peaked, Ethereum ETF Could Trigger Altcoin Momentum

Disclaimer

Disclaimer: Blockchain.news provides content for informational purposes only. Under no circumstances shall blockchain.news be liable for any direct, indirect, incidental or consequential damages arising out of the use of, or inability to use, the information provided. This includes, but is not limited to, any loss or damage resulting from decisions made based on the content. Readers should conduct their own research and consult professionals before making any financial decisions.

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Memecoins

Have a profitable August with Shiba Inu and Mpeppe (MPEPE) Don’t miss the winnings

Published

4 months ago

1 August, 2024

TokenTalk Staff

Have a profitable August with Shiba Inu and Mpeppe (MPEPE) Don't miss the winnings

August offers investors a unique opportunity to capitalize on the potential gains offered by Shiba Inu (SHIB) and Mpeppe (MPEPE)These two memecoins take advantage of the viral nature of internet memes and popular culture, attracting a diverse and enthusiastic audience. In this article, we’ll look at why Shiba Inu (SHIB) and Mpeppe (MPEPE) are poised for gains this month and why you shouldn’t miss out on the potential profits.

The viral power of memecoins

Memecoins have the inherent ability to leverage the viral nature of internet memes and popular culture references. This can lead to rapid spread of the cryptocurrency’s brand and message across various online platforms, potentially appealing to a broader and more diverse audience. Shiba Inu (SHIB) and Mpeppe (MPEPE) are great examples of how this viral potential can translate into substantial community growth and market presence.

Shiba Inu: riding the wave of popularity

Shiba Inu (SHIB) has established itself as a major player in the memecoin space. With its cute canine mascot and strong community support, Shiba Inu (SHIB) has gained a significant following. The coin’s ecosystem continues to grow, with projects like ShibaSwap adding to its utility and appeal. Investors are optimistic about Shiba Inu’s future, expecting it to ride the wave of popularity that has kept it in the spotlight.

Ecosystem expansion

THE Shiba Inu (SHIB) The Shiba Inu (SHIB) ecosystem is constantly expanding, offering new features and utilities that enhance its value proposition. Projects like ShibaSwap provide users with opportunities to stake and earn rewards, making Shiba Inu (SHIB) more than just a meme currency. This expansion helps solidify its market position and attract a wider audience.

Balancing humor and professionalism

Mpeppe (MPEPE) offers a unique and light-hearted approach to the serious world of digital assets, balancing humor and professionalism. Inspired by internet memes and the dynamic energy of football fans, Mpeppe (MPEPE) is quickly gaining traction in the crypto community.

Mpeppe (MPEPE) offers an opportunity to reach a younger demographic and tap into the viral nature of internet culture. By balancing humor and professionalism, Mpeppe (MPEPE) appeals to a wide audience, from casual meme enthusiasts to serious investors. This strategy is similar to the one that made Shiba Inu (SHIB) so successful, but with a modern twist.

Expanding Reach and Adoption

Mpeppe’s (MPEPE) ability to leverage internet culture means it has the potential to rapidly expand its reach and adoption. The memecoin’s branding and community-driven approach make it accessible and appealing, much like Shiba Inu (SHIB) in its early days.

Why August is the month to invest

As the cryptocurrency market experiences a surge in interest, August presents a great opportunity to invest in promising assets like Shiba Inu (SHIB) and Mpeppe (MPEPE) Both coins are well positioned to capitalize on the growing interest in memecoins, driven by their unique appeal and active communities.

Conclusion: Don’t miss the benefits

Shiba Inu (SHIB) and Mpeppe (MPEPE) are poised for a profitable August, leveraging their viral potential and strong community support to attract a diverse audience. With the cryptocurrency market in full swing, now is the perfect time to consider investing in these promising memecoins. Just as Shiba Inu (SHIB) captivated the crypto world with its unique appeal, Mpeppe (MPEPE) is poised to make its mark. Don’t miss out on the potential gains these innovative digital assets have to offer.

For more information on the Mpeppe presale (MPEPE):

Visit Mpeppe (MPEPE)

Join us and become a member of the community:

https://t.me/mpeppecoin

https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ

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Memecoins

Solana down 8% as its coins Dogwifhat, Billy and Neiro fall further

Published

4 months ago

1 August, 2024

TokenTalk Staff

Solana climbs 4% on the back of rising Meme Coins and Alts

Solana, the fifth-largest crypto asset by market cap, has fallen 8% in the past 24 hours, according to CoinGeckolike his Meme Coin Market Prices of some coins, which can be notoriously volatile, have fallen by as much as 43% in the past day.

As the cryptocurrency market bleeds with Bitcoin (Bitcoin) down 2.7% and Ethereum (ETH) 4.2%, Solana (GROUND) was the hardest hit among the top 10 cryptocurrencies, falling 8.2% to $168 on the day, according to data from CoinGecko. Along with this, meme coin Solana suffered huge losses.

The biggest loser in the last 24 hours is the bigger of the two Black (NEIRO) on Solana which fell nearly 44% to $0.01821. These tokens were launched after the owner of Kabosuthe Shiba Inu that inspired the Doge meme, announced that she had adopted a new dog named Neiro. Interestingly, her rival on the network launched an hour beforealso called Black (NEIRO), is up 75.2%. It appears that the Solana Neiro Civil War is far from being decided.

Other big losers include: Pump.fun’s Favorites Billy (BOWL), down 26.4%, and Michi (MICHI), which fell 24.5%. Over the past 24 hours, both tokens have flipped their market caps multiple times, but dog token Billy is currently in the lead with $94 million, about $3 million ahead of Michi.

Dog with hat (Wireless), the largest meme coin on Solana, was also hit, dropping 12.4%. Bonk (BONK), the second-largest Solana meme coin, fell 9.1%. In fact, among the top 50 Solana meme coins by market cap, only four tokens are in the green, with Zoomer (ZOOM IN) leading the pack with 41.1%.

Meme coins are notoriously high-risk assets and tend to post disproportionate losses when the broader market experiences a downturn.

Brain (BRAIN), Michi (MICHI), Mini (MINI), Shark cat (SC), and many others, for example, have suffered greater losses in the last 24 hours than any of the top 100 cryptocurrencies by market capitalization.

In the world of meme coins, when it rains, it rains.

Edited by Stacy Elliott.

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Memecoins

Trader Says Bitcoin’s Path to $100,000 Is ‘Currently Programmed’, Updates Outlook on Memecoin That’s Up Over 18,000% YTD

Published

4 months ago

1 August, 2024

TokenTalk Staff

Trader Says Bitcoin's Path to $100,000 Is 'Currently Programmed', Updates Outlook on Memecoin That's Up Over 18,000% YTD

A widely followed analyst and trader expresses bullish sentiment on Bitcoin (Bitcoin) while offering his take on the memecoin built on Solana (GROUND) blockchain ecosystem.

Starting with Bitcoin, the analyst known by the pseudonym Altcoin Sherpa tell His 219,000 followers on social media platform X say Bitcoin is on the verge of hitting a six-figure price.

“There will be bumps along the way, but Bitcoin’s path to $100,000 is on schedule. Don’t get rattled or lost along the way.”

Source: Altcoin Sherpa/X

At the time of writing, Bitcoin is trading at $66,236.

According to For the widely followed trader, Bitcoin enjoys strong support between $63,800 and $65,000, where the 25, 55, 89 and 200 exponential moving averages (EMAs) on the daily chart have clustered.

Source: Altcoin Sherpa/X

Next up is the Solana-based memecoin Popcat (POPCAT). The pseudonymous trader and analyst said that among the cat memecoin family, POPCAT is one of the “best” in the long run.

Altcoin Sherpa, however, says POPCAT looks bearish on the short-term four-hour time frame and needs to climb above a range low between $0.694 and $0.724 to avoid falling further.

Source: Altcoin Sherpa/X

POPCAT was trading at $0.00379 on January 5th and is now at $0.704, a gain of approximately 18,475%.

Altcoin Sherpa also offers his take on dogwifhat (Wireless), Solana-based Memecoin. According to For the pseudonymous analyst, WIF “still looks pretty good for now” on the four-hour chart with the “best” support area sitting around $2.10.

“The average would probably be $2.30 to $2.10 if I were you and I was swing trading this one.”

Source: Altcoin Sherpa/X

WIF is trading at $2.27 at the time of writing.

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