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Shiba Shootout emerges as a potential meme coin sensation, surpassing Gigachad’s recent surge.
Solana’s Gigachad (GIGA) has recently made waves with a significant price surge, driven by high-profile endorsements. However, as the dust begins to settle, the spotlight is shifting toward a new contender in the meme coin arena: Shiba Shootout.
This Play-to-Earn (P2E) project is quickly becoming a favourite among investors, offering not just a meme but a robust ecosystem centered around gaming and community engagement.
The Rise of Gigachad (GIGA) on Solana
Gigachad (GIGA), a meme coin built on the Solana blockchain, has seen a meteoric rise in recent weeks, fueled by endorsements from well-known figures in the fitness and meme communities.
The coin surged 21.2% in a single day after Ernest Khalimov, the model behind the viral Gigachad meme, endorsed the project on his Instagram. Khalimov, also known as Berlin 1969, is famous for his hyper-masculine and chiselled appearance, which has made him a symbol of the “alpha male” persona online.
Khalimov’s endorsement was soon followed by a nod from bodybuilder Mike ‘Titan’ O’Hearn, further boosting GIGA’s visibility and appeal. O’Hearn posted a meme referencing Gigachad and Khalimov himself shared a post featuring the Giga Fitness brand.
These endorsements helped GIGA reach a market cap of $213 million, although it has since settled to around $191 million.
The team behind GIGA attributes their success in securing these high-profile endorsements to their strategy of promoting Giga Fitness alongside the meme coin. By positioning the brand in a way that appeals to athletes and influencers without directly involving them in cryptocurrency, GIGA has managed to gain legitimacy and traction in both the fitness and crypto communities.
Despite this success, some investors are beginning to look beyond GIGA, seeking out new opportunities with potentially higher returns. Enter Shiba Shootout, a P2E project that combines the appeal of meme coins with the growing trend of blockchain gaming.
Shiba Shootout: The Next Big Thing in Meme Coins?
As interest in GIGA begins to plateau, Shiba Shootout is emerging as a strong contender in the meme coin market. This new project, inspired by the iconic Shiba Inu meme, brings a fresh twist to the meme coin space by integrating it with a Wild West-themed P2E game.
Shiba Shootout’s core offering is a mobile game that allows players to take on the roles of sharpshooters in a fictional frontier town called Shiba Gulch. Players can earn SHIBASHOOT tokens as they engage in duels and other in-game activities, blending the nostalgia of old Westerns with the modern appeal of cryptocurrency rewards.
PLAY SHIBA SHOOTOUT AND EARN MONEY
The project is currently in its presale phase and has already raised over $961,000, rapidly approaching the $1 million milestone. With a total supply of 2.2 billion tokens and a current price of $0.0199 per SHIBASHOOT, early investors are eager to get in on the ground floor of what could be the next big hit in the meme coin world.
But Shiba Shootout is more than just a game; it’s an ecosystem designed to engage and reward its community. In addition to the P2E game, the project features “Posse Rewards”, which incentivises users to refer friends and “Campfire Stories”, a platform for sharing tales within the community.
Perhaps most notably, the project offers “Cactus Staking”, a high-yield staking feature with estimated APYs of 985%, providing substantial rewards for those who choose to stake their tokens early.
Why Investors Are Shifting Focus to Shiba Shootout
The success of meme coins often hinges on their ability to capture the imagination of the public and Shiba Shootout seems positioned to do just that. While GIGA has benefited from celebrity endorsements, Shiba Shootout offers a more comprehensive package that includes a P2E game, community engagement and high staking rewards.
One of the key factors driving investor interest in Shiba Shootout is its potential for long-term growth. Unlike many meme coins that rely solely on hype, Shiba Shootout has built a robust ecosystem that encourages ongoing participation and investment.
The game itself, already available for download on the Google Play Store and Apple App Store, adds a layer of utility that many meme coins lack. Once the Web3 update is implemented, players will be able to earn SHIBASHOOT tokens directly through gameplay.
The project has also attracted attention from influential figures in the crypto community. Austin Hilton, CEO of The Redhill Group, recently praised Shiba Shootout, noting the project’s strong presale performance and its potential to stand out in a crowded market. With endorsements like this, Shiba Shootout is rapidly gaining credibility and interest from both retail investors and larger players.
BUY $SHIBASHOOT BEFORE NEXT PUMP
While GIGA has enjoyed a strong run, the focus of meme coin investors is beginning to shift toward Shiba Shootout. With its innovative P2E game, high-yield staking options and a rapidly growing community, Shiba Shootout offers a compelling alternative for those looking to capitalise on the meme coin trend.
Don’t miss your chance to be part of this exciting project—visit the Shiba Shootout presale today and stake your claim in what could be the future of meme coins.
Source: https://coinedition.com/will-giga-become-the-next-solana-meme-coin-sensation-investor-interest-shifts-from-giga-to-play2earn-shiba-shootout/