In the shadow of the dipping crypto market this past week, industry frontrunners are feeling the squeeze. The Shiba Inu token in particular has seen a distinct downturn of around 5.1%. Well-known coins such as DOGE, FLOKI, and WIF also felt the burn, experiencing significant depreciation. However, this downward trend does not spell the end of profits for the crypto market.
While the majority of the market dealt with crimson chart fluctuations, crypto enthusiasts and professional insiders are already looking towards an anticipated summer bull run. There has been a buzz around tokens such as Pepe (PEPE), Bonk (BONK), and the intriguing new Shiba Shootout ($SHIBASHOOT), as these are expected to spearhead the rally and potentially explode in valuation.
Despite Bitcoin precariously hanging around the $60,000 mark and meme-coins like Dogecoin (DOGE), FLOKI (FLOKI), and Dogwifhat taking a hit of 4.1%, 4.5%, and 9.7% respectively, a wave of bullish sentiment is anticipated to sweep the market in July. This optimistic atmosphere is fuelled by the prediction of remarkable performances expected from PEPE and BONK.
An undercurrent of excitement surrounds the emerging player Shiba Shootout ($SHIBASHOOT). The pre-sale has already attracted an audience of investors who believe its potential profits could outshine its more established competitors.
This isn’t your ordinary meme coin. Shiba Shootout’s unique digital wild west narrative, teeming with cowboy-hat wearing Shiba Inu dogs in crypto duels, provides substantial passive income opportunities and sets it apart from the crowd. The developers propose an engaging crypto-themed game underpinned by a “Cactus Staking” protocol. It allows $SHIBASHOOT holders to stake their tokens and receive passive income with an estimated annual yield of a whopping 2239%!
As part of their project, a “Posse Rewards” referral program encourages users to invite friends. Detailed in their whitepaper are plans for “Campfire Stories” and community voting, ensuring constant entertainment and engagement of its members.
Almost at the half-million-dollar milestone, the Shiba Shootout’s pre-sale is attracting backers. Early adopters can snag $SHIBASHOOT tokens at the attractively low price of $0.0194, but this won’t last long. The token price will inevitably inflate with the momentum of the pre-sale.
Post pre-sale, the project has a high-stake roadmap, starting with listings on CoinGecko and CoinMarketCap, aiming to hit over 1,000 holders and making concentrated efforts to become a Twitter viral sensation. Ambitious targets are set for CEX listings and to create an exclusive Discord community.
Notably, the project’s tokenomics designates 770 million tokens for the pre-sale and 440 million for staking. The remaining tokens will be allocated for marketing, liquidity, project funds, and a unique “Rootin’ Tootin’ Shooter Fund” to reward its top contributors.
Although the crypto market is navigating a bearish landscape currently, the financial summer may not be as bleak. An expected bull run in July could turn the tide with the likes of Pepe, Bonk, and Shiba Shootout at the helm of this potential rally. These coins are viewed as ticking timebombs, predicted to explode and yield substantial returns, leaving a wake of thrilled investors.
