The cryptocurrency landscape has seen significant fluctuations recently, particularly among Shiba Inu-themed tokens. While established names like Shiba Inu ($SHIB) have faced a sharp decline, the new entrant, Shiba Shootout ($SHIBASHOOT), is making waves with its successful presale and upcoming Web3 updates.

Shiba Shootout, a new play-to-earn (P2E) meme coin, has been gaining attention as it nears a presale milestone of $700,000. This new token is fueling excitement with its Wild West-themed mobile game, Shiba Sharpshooter, which is available on both Google Play and the Apple App Store.

Presale Buzz and Game Features:

Investors have the opportunity to purchase $SHIBASHOOT tokens at a presale price of $0.0196, a deal set to expire in less than six days. Once the token is listed on major exchanges, its price is expected to rise. Shiba Shootout's game will soon receive a Web3 upgrade, allowing users to earn $SHIBASHOOT tokens through various in-game activities.

Shiba Shootout stands out for its unique game mechanics and token utilities. Players can use $SHIBASHOOT tokens to participate in the “Lucky Lasso Lottery,” influence project decisions in “Governance Roundups,” and earn additional tokens through “Campfire Stories” sessions. The game also features a “cactus staking program” with an impressive annual percentage yield (APY) of 1,465%, offering a high return on investment.

Market Reactions and Shiba Inu Incident:

The broader market has been impacted by recent news surrounding Shiba Inu. Over the past 24 hours, Shiba Inu ($SHIB) has experienced a 10.43% drop due to a major hacking incident involving Indian crypto exchange WazirX. Approximately 5.4 trillion $SHIB tokens, valued at around $104 million, were stolen and transferred to an unknown wallet.

This incident has not only affected $SHIB but also caused declines in other top Shiba Inu-themed coins, including Dogecoin ($DOGE), Bonk ($BONK), Floki ($FLOKI), and Dog (Runes) ($DOG). The extent to which the hacking incident influenced these declines remains unclear.

Despite these setbacks for other Shiba Inu tokens, Shiba Shootout has shown resilience and continues to attract investor interest. The project’s strong community and engaging game mechanics are positioning it as a notable player in the meme coin sector.

Investing and Security:

For those interested in joining the Shiba Shootout adventure, tokens can be purchased using ETH, USDT, BNB, or a bank card. The presale offers 770 million tokens, which represents 35% of the total 2.2 billion supply. To ensure investor confidence, Shiba Shootout’s smart contract has been audited by SolidProof and verified by Coinsult.

Investors are encouraged to stay updated by joining Shiba Shootout’s community on X and Telegram. With the market dynamics shifting, Shiba Shootout is positioning itself as a promising new entrant in the Shiba Inu ecosystem.

For more updates and to secure your $SHIBASHOOT tokens, visit Shiba Shootout’s official website and saddle up for a thrilling ride in the crypto frontier.