Shiba Inu Burn Rate Skyrockets Over 800% as Investors Flock to a New Shiba Alternative

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Shiba Inu (SHIB), the meme coin sector’s second-largest cryptocurrency, is one of the top favorites for the best performers in the second half of 2024. Experts from all across the crypto industry have said that SHIB is one of the projects with the greatest growth potential, and many expect it to skyrocket, especially when the next industry-wide bull run hits.

The project also recently turned a lot of heads when its burn rate skyrocketed past 800% in 24 hours, increasing the number of burnt tokens to 410.7 trillion as of the time of writing.

Despite the high expectations for the future, SHIB is currently trading in the red, with its price sitting at $0.00001719 — 1.6% down in the last 24 hours. However, this is a natural correction, given the surge that took place earlier this week. Even with the drop that it saw in the last 24 hours, SHIB is still 8% higher than it was one week ago, and it is likely that the correction will end soon.

BUY SHIBASHOOT BEFORE ITS PRICE HEADS FOR THE MOON

Even so, Shiba Inu is an established token, with its potential now being fairly well-known. It is bound to go beyond former limits during the next big rally, but that doesn’t mean that it will be the best performer. Instead, some experts argue that the top performers will be meme coins currently in presale, which are now perfectly positioned to see launch just before the bull run hits.

One such opportunity, and currently the best alternative to Shiba Inu, is a SHIB alternative known as Shiba Shootout (SHIBASHOOT).

What Do You Need To Know About Shiba Shootout?

As the name suggests, Shiba Shootout is another SHIB alternative, but this one is arguably more interesting than the others, as it places the popular dog meme into the Wild West setting.

The project is also working on its own P2E game, and it has already revealed some highly memorable characters, such as Marshal Shiba, Shiba Sharpshooters, and even the entire fictional town of Shiba Gulch.

BUY SHIBASHOOT AND START STAKING FOR EXTRA REWARDS

In addition to its sharpshooting game, the project also offers staking, governance, lotteries, and many other utilities that give it additional value. This is why it’s ICO attracted quite a bit of attention, and it raised nearly $700k already while selling its token, SHIBASHOOT, for only $0.0196.

It is not too late to join the presale, although investors should do well not to wait too long, as the token is scheduled to see its next price increase within a few days. If you decide to join, you can purchase SHIBASHOOT with ETH, USDT, BNB, or credit/debit cards.

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