Shiba Inu is Down 10.43% as Traders Rotate into Shiba Shootout, Raising $700k

cryptonews.com:

While Shiba Inu tokens have fluctuated over the past 24 hours – especially Shiba Inu ($SHIB) – the new sheriff in town, Shiba Shootout ($SHIBASHOOT) , is holstering its gun after firing off a presale nearing $700,000.

This play-to-earn (P2E) meme coin, fueled by a strong community spirit, has been wrangling up funds for its thrilling Wild West showdown game.

With a basic version of the mobile game available on Google Play and the Apple App Store , Shiba Sharpshooter will soon receive a huge Web3 update that allows users to earn its utility-packed native token, $SHIBASHOOT.

But for investors who want a hoard of $SHIBASHOOT to strike pay dirt when the token launches on major exchanges, they can grab them at the presale price of $0.0196.

But hurry, as this price is set to rise again in less than six days. It’s best to secure $SHIBASHOOT now while the price is still at a massive discount.

The market is just wrapping its head around the news surrounding Shiba Inu, which has caused it to plummet by 10.43% in the last 24 hours.

This sharp decline came as a surprise, especially given the recent strength of the crypto market.

Shiba Inu’s drop is due to a reported hacking incident with Indian-based crypto exchange WazirX, where a staggering 5.4 trillion $SHIB tokens, valued at approximately $104 million, were stolen.

According to Whale Alert on X, these tokens have been transferred to an unknown wallet.