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Home CRYPTO

Crypto Meme PEPE Breaks Into the Top 20 Cryptocurrencies by Market Cap

Michael Juanico by Michael Juanico
May 23, 2024
in CRYPTO
Reading Time: 5 mins read
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• Comparison between the meme coins Pepe and Shiba Shootout as they compete in the bull cycle
• Key features, tokenomics, and roadmaps of Pepe and Shiba Shootout
• Shiba Shootout’s innovative staking, rewards, and strong community position it as a formidable contender against Pepe

The world of meme coins is filled with excitement and speculation, and two projects that have captured significant attention are Pepe and Shiba Shootout. As the bull cycle gains momentum, enthusiasts and investors are keen to see which of these meme coins will come out on top.

JUST IN: Meme coin $PEPE (@pepecoineth) is now a top 20 crypto by market cap

— BlockNews.com (@blocknewsdotcom) May 23, 2024

The Rise of Pepe: A Classic Meme With New Potential

Pepe the Frog, a well-known internet meme, has recently made a significant splash in the crypto world. Leveraging its widespread recognition, Pepe coin has drawn in a large community of supporters who are enthusiastic about its potential.

The project aims to capitalize on the nostalgic and humorous appeal of the Pepe meme, offering a familiar yet exciting entry point for new and seasoned crypto investors.

Key Features of Pepe Coin

  • Community-Driven: Pepe coin’s development and growth are largely driven by its dedicated community.
  • Memetic Power: The widespread recognition of Pepe the Frog provides a strong cultural foundation.
  • Memetic Governance: Community voting on key decisions, ensuring decentralization and active participation.

Pepe coin’s strategy hinges on its iconic meme status, aiming to attract a broad user base through humor and nostalgia.

Shiba Shootout: A Wild West Adventure in the Crypto Space

Shiba Shootout offers a different flavor in the meme coin market, blending the adventurous spirit of the Wild West. The project’s unique theme and innovative features have captivated a rapidly growing community.

Key Features of Shiba Shootout

  • Shiba Showdown Battles: High-stakes meme battles set in a Wild West-themed digital frontier.
  • Engaging Characters: Marshal Shiba and the Shiba Sharpshooters bring the Wild West theme to life.
  • Cactus Staking: An innovative staking method where users stake their SHIBASHOOT tokens on a digital cactus, visually representing growing rewards.
  • Lucky Lasso Lotteries: A lottery system where participants can use tokens for a chance to win crypto prizes.
  • Posse Rewards: A referral program that incentivizes users to invite friends, expanding the community.

Tokenomics Comparison: Pepe vs Shiba Shootout

A closer look at the tokenomics of both projects reveals different approaches to growth and sustainability.

Pepe Coin

  • Total Supply: 420,689,899,999,995 PEPE

Shiba Shootout (SHIBASHOOT)

  • Total Supply: 2 billion tokens
  • Presale: 35% (770 million tokens) for early buyers
  • Staking Rewards: 20% (440 million tokens) for incentivizing long-term holding
  • Project Development: 10% (220 million tokens) for ongoing development
  • Liquidity: 10% (220 million tokens) for smooth trading
  • Marketing Initiatives: 20% (440 million tokens) to boost visibility
  • Rootin’ Tootin’ Shooter Fund: 5% (110 million tokens) for rewarding active community members

Shiba Shootout’s tokenomics are designed to balance immediate growth with long-term sustainability, focusing heavily on community rewards and engagement.

Roadmaps and Future Potential

Shiba Shootout has ambitious roadmaps aimed at driving growth and increasing their user bases.

Shiba Shootout Roadmap

  • Phase 1: Listings on CoinGecko and CoinMarketCap, growing the holder base to over 1000, and driving viral marketing.
  • Phase 2: Expansion to over 5000 holders, development of community partnerships, and launching the SHOOTOUT Times digital newsletter.
  • Phase 3: Launch of merchandise, educational tools through the SHOOTOUT Academy, and targeting Tier 1 exchange listings.

Community Engagement and Growth

Both Pepe and Shiba Shootout place a strong emphasis on community engagement. Pepe coin leverages the cultural impact of its meme, while Shiba Shootout creates a vibrant, interactive environment with its Wild West theme.

Shiba Shootout has raised over $300,000 in its presale, demonstrating significant interest and enthusiasm from the crypto community. Its innovative features such as Cactus Staking and Lucky Lasso Lotteries keep the community engaged and actively participating.

The Verdict: Which Will Prevail?

While both Pepe and Shiba Shootout have their own unique strengths, Shiba Shootout’s blend of creativity, engaging features, and strong community support positions it as a formidable contender in this bull cycle. Its innovative staking and reward systems, coupled with a well-structured development plan, suggest it has the potential for significant growth.

One thing is certain, the competition between these two meme coins, Pepe and Shiba Shootout, will be an exciting journey for crypto enthusiasts. For those looking to be part of a dynamic and engaging ecosystem, Shiba Shootout offers a compelling opportunity in the meme coin showdown.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: crypto investorsMeme CoinsPEPEShiba Shootout
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Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

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