New Shiba Inu Project Gains Traction Among Crypto Whales – One to Watch?

cryptonews.com:

Shiba Shootout ($SHIBASHOOT) is a new Wild-West-styled meme coin project that intends to blast some much-needed vitality and utility into the well-travelled Shiba Inu theme.

Many early watchers are saying the token has what it takes to succeed. This is down to its strong social element and a unique multi-pronged approach to rewards generation that pits it head and shoulders above the competition as the next big Dogecoin contender.

Shiba Shootout’s core premise locates it in a captivating blockchain setting filled with creativity, multiple rewards avenues, strategic gameplay, and all the allure of a Sergio Leone adventure on four legs.

At the heart of the gamification element lies the town of Shiba Gulch, a bustling Web3 settlement where the Shiba Shootout community gathers to undertake challenges, showdowns and meme sharing.

While the project is still in presale, meaning little has been demonstrated of its core gameplay, many of Shiba Gulch’s key features have already been touted in the marketing.

By the sounds of it, the virtual environment aims for a fun, rewarding (in multiple ways), challenging and unprecedented metaverse environment.

Here’s what we know about the key features so far.

The first of the many unique features on Shiba Shootout is Posse Rewards.

This is a referral program that allows users to invite friends to the Shiba Showdown community and earn bonus tokens. Rewards for referrer and referred friends depend on the size of the posse.

Campfire Stories are regular sessions allow community members to share crypto and meme coin experiences in a casual storytelling format.

Then there is Token Governance Roundups. Those who invest and hold Shiba Shootout will be given entry into the Shiba Shootout DAO. Having voting