As the Shiba Inu (SHIB) price plummets to its lowest point since early June, a fresh and exciting rival coin, Shiba Shootout (SHIBASHOOT), is making waves in the crypto scene. While SHIB's value dips by 5%, Shiba Shootout's presale has secured an impressive $860,000, captivating the attention of investors and crypto experts alike.

The Shiba Inu price slide is attributed to weak US jobs data, triggering recession fears and causing global markets to tremble. Chart analysts predict a bleak near-term outlook for SHIB, with a likely retest of support in the $0.000012 area. In contrast, Shiba Shootout's Wild West-themed play-to-earn (P2E) game has already gained approval for Google Play and the Apple App Store, poised for imminent release.

Shiba Shootout's presale is attracting strong demand, with investors eager to get in on the action. The project's passive income potential is a significant draw, offering presale investors around 1,200% APY yields. This means that investors can double their SHIBASHOOT holdings in just a few weeks, making it an enticing opportunity.

Crypto influencers are flocking to support Shiba Shootout, with Michael Wrubel, a prominent YouTuber, endorsing the project as the next 100x Shiba Inu gem. As Shiba Inu's downward spiral continues, Shiba Shootout is seizing the spotlight, captivating investors and experts with its promising P2E game and passive income potential. Will Shiba Shootout be the next big thing in the crypto world? Only time will tell.