Shiba Inu whales withdraw a significant amount of tokens, sparking interest in Shiba Shootout, a new play-to-earn cryptocurrency with a successful presale.
The cryptocurrency market has seen substantial shifts recently, with a massive withdrawal of Shiba Inu (SHIB) tokens by major holders. In the last month, Shiba Inu whales have pulled 6.57 trillion tokens from exchanges, sparking speculation about their next moves. It appears that these whales are now eyeing a new play-to-earn cryptocurrency, Shiba Shootout ($SHIBASHOOT), which has been making waves with its innovative approach and successful presale.
Shiba Inu Whales Withdraw 6.57 Trillion Tokens
Recent data from Santiment highlights significant changes in the SHIB market. The top 150 nonexchange SHIB wallets have increased their holdings by 6.57 trillion coins over the past month, while the top 150 exchange wallets have decreased theirs by 5.53 trillion coins. This shift suggests that large holders are moving their SHIB tokens off exchanges, indicating increased confidence and a potential long-term holding strategy.
This movement is seen positively by the SHIB community, as it reduces the risk of sudden sell-offs, which can destabilize the market. Despite being a major cryptocurrency by market capitalization, SHIB’s trading volume has lagged behind other top meme tokens. The recent whale activity could signify strategic accumulation, potentially leading to future price increases.
Shiba Shootout: The New Focus for Whale Capital
With SHIB whales adjusting their holdings, there is growing interest in Shiba Shootout ($SHIBASHOOT), a new play-to-earn cryptocurrency. Over the past week, several meme coins, including Pepe and Book of Meme, have experienced significant declines, prompting investors to seek more promising opportunities. Shiba Shootout has emerged as a strong candidate, especially with its presale gaining substantial traction.
PLAY SHIBA SHOOTOUT AND EARN MONEY
Shiba Shootout is a play-to-earn mobile game that combines a Wild West theme with blockchain technology. Players engage in meme-making duels, poker tournaments, and virtual treasure hunts, earning $SHIBASHOOT tokens as rewards for their participation.
The game is set in the fictional town of Shiba Gulch, where players can engage in various activities to earn tokens. The $SHIBASHOOT token serves as the in-game currency, offering multiple ways for players to earn and utilize their tokens.
Play-to-Earn Model and Features
Shiba Shootout operates on a play-to-earn model, allowing players to earn $SHIBASHOOT tokens by participating in different in-game activities. The game includes a competitive leaderboard system that rewards players with experience points (XP) for their gameplay. Top players can earn bonus $SHIBASHOOT tokens and exclusive rewards, encouraging ongoing engagement.
The $SHIBASHOOT token can be used for transactions and special features within the game. Additionally, it can be staked, offering attractive annual percentage yields (APYs) to encourage long-term holding. This staking mechanism provides passive income opportunities and helps secure the network. The game’s smart contracts have been audited by SolidProof, ensuring their security and integrity.
Successful Presale and Community Engagement
Shiba Shootout’s presale has raised $600,000 as of July 12, 2024. Early investors can purchase $SHIBASHOOT tokens at $0.0195 each, with another price increase expected soon. The presale aims to build a strong community by offering significant benefits to early adopters, including access to staking rewards and leaderboard bonuses.
The total supply of Shiba Shootout tokens is 9.4 billion, with allocations for the presale, liquidity, marketing, and project development. The presale funds will be used for marketing, liquidity provision for decentralized exchanges, and ongoing development of the Shiba Shootout platform, ensuring sustained growth and value for the community.
High Staking Rewards and Community Programs
One of Shiba Shootout’s standout features is its staking program, The Cactus Staking, offering an annual percentage yield (APY) of 1,491%. This translates to a daily return of approximately 4.1%, making it an attractive option for investors seeking passive income. Nearly 19 million tokens have already been staked, primarily from recent presales, indicating strong investor confidence in the project’s future.
Shiba Shootout has also launched a social rewards program, encouraging community members to share information about the project on social media. Participants can earn points by sharing memes and posts, which can be traded for additional $SHIBASHOOT tokens. This strategy has helped grow the Shiba Shootout community and achieve significant milestones in its presale.
Security and Transparency
The $SHIBASHOOT token’s smart contract has been audited by SolidProof and KYC’d by Coinsult, ensuring high levels of security and transparency. This audit provides reassurance to investors regarding the token’s integrity and the project’s commitment to maintaining robust security standards.
BUY $SHIBASHOOTOUT BEFORE NEXT PUMP
The recent withdrawal of 6.57 trillion SHIB tokens from exchanges by whales indicates a substantial market shift, suggesting a strategic accumulation phase that could stabilize SHIB’s price. Concurrently, the growing interest in Shiba Shootout highlights a trend towards innovative projects that offer both entertainment and financial rewards.
As Shiba Shootout’s presale progresses, early investors have the opportunity to benefit from significant growth potential. The project’s unique features, strong community support, and strategic endorsements position it as a promising player in the P2E market.
For those looking to diversify their crypto portfolio and capitalize on emerging trends, investing in $SHIBASHOOT during the presale could offer substantial returns. Join the Shiba Shootout community today and be part of a groundbreaking project that combines the best of gaming and cryptocurrency.Invest in Shiba Shootout now and secure your place in the future of play-to-earn gaming!
