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Tokenized Bitcoin mining project MinePro has kicked off the public sale of its native token – $MINE.
Built on the Ethereum blockchain, MinePro says it will offer passive profits in Bitcoin to investors through a mining system that will be powered by its upcoming play-to-earn (P2E) game.
At the time of writing, the project has raised over $700k from early investors.
However, how far can it go once the ICO event is completed? This article tries to forecast the possible price movement of MINE, considering its core fundamentals and the current situations in the broader market.
What Is MinePro?
MinePro is offering a more democratized way for people to invest in Bitcoin mining. At its core, it aims to address the various challenges that restrain retail investors from enjoying the financial benefits that come with crypto mining.
Central to MinePro’s mining ecosystem is its collaboration with Logic Mining, a Bitcoin mining firm which offers a monthly ROI of 10-20%. Through the partnership, MinePro enjoys access to some of the lowest power costs in the world.
Meanwhile, as part of its long-term commitment to offering low entry to the Bitcoin mining sector, MinePro says its contract with Logic Mining will linger for a duration of five years.
To be eligible for its mining rewards, MinePro mandates that investors buy and stake $MINE during its ongoing presale campaign.
$MINE Price Prediction
Since $MINE is still available on public sale, there’s no graphical data to go by yet. However, the project, through the aid of its roadmap, has explicitly stated the route it intends to follow to deliver value to its investors. This makes it possible to gauge its future potential as a cryptocurrency.
MinePro commenced its multi-staged token presale on August 12, 2024, with $0.03 as its starting price. While the number of stages is not known yet, the project says 50% of MINE’s total supply has already been set aside for the early entry campaign.
That being said, the biggest price driver of MinePro will be its core use cases – mining and staking combined. It has already activated its collaboration with Logic Mining to bring the dividends of tokenized Bitcoin mining to those who stake its native token, $MINE.
According to the project, those who contribute to its presale will have the opportunity to participate in its dynamic “Pre TGE staking” and earn 10-20% monthly rewards in BTC. By merging the concept of Bitcoin mining with staking, $MINE is hoping to lure both casual and high-level investors to its ongoing presale.
In essence, MinePro’s internal mechanics are tied to Bitcoin. Therefore, its short and long-term profitability will be greatly influenced by the market performance of the crypto king. Whenever there is a massive upswing in the price of Bitcoin, MINE will definitely benefit from it.
Beyond its connection with Bitcoin, the second factor that could drive the price of $MINE is its P2E posture. According to its roadmap, the project plans to launch its game before the end of 2024. However, at press time, the major concepts of the game have not been made public.
If the game is launched as promised and embraced by the gaming community, it will create a strong P2E utility for $MINE, which will, in turn, influence its performance on the price charts.
Furthermore, how the market looks when $MINE is opening for DEX trading will determine its price movement. If the market is positive, $MINE will move positively on the charts. Otherwise, it might take the same corrective path as other presale tokens have taken in the past.
Above all, despite the extreme volatility in the market in the past few weeks, experts are optimistic that the next bull run is probably on the horizon. Historically, during the bull cycle, tokens in the meme coin niche tend to witness bigger price pumps than other altcoins.
As such, investors seeking new opportunities that can deliver significant ROI as soon as the market conditions turn bullish can go for the latest meme coin additions like Shiba Shootout.
Top Meme Coin Presale To Buy This Month – Shiba Shootout
Shiba Shootout (SHIBASHOOT) made its presale debut a couple of weeks ago and quickly positioned itself on the watchlist of investors looking for investment opportunities that can deliver tangible gains within a short timeframe.
What sets Shiba Shootout apart from other meme coins is the uniqueness of its lore.
Featuring a Wild West-inspired theme, this project invites meme enthusiasts to embark on a thrilling journey to a digital settlement, known as Shiba Gulch.
Marshal Shiba, a charismatic character with a trusty cowboy hat and a blockchain lasso will be the king of the settlement. Accompanying him are the Sharpshooters, which are equated to meme creators and lovers.
These characters will collaborate with Marshal Shiba to host games, initiate high-stakes challenges, and engage in shootouts and meme bangers, thereby bringing the elements of excitement and cooperation to the digital landscape.
While being a meme coin, Shiba Shootout is tapping into the viral P2E trend to keep its community engaged and strengthen its market position. It has launched its highly-anticipated mini-game, “Shiba Sharpshooter” on Google Play Store and Apple Store.
Through this action-packed game, players will engage in intense duels against formidable opponents across Wild West locations. As they leverage their shooting skills to outdraw rivals and unlock various levels, players will be rewarded with $SHIBASHOOT, the core currency powering the ecosystem.
Despite launching barely a week ago, this game has garnered more than 1,000 downloads and many positive reviews. This is no surprise, considering the high-end graphics, touch controls, and several industry-leading gaming elements embedded in the game.
Join Shiba Shootout for wild western P2E battles!
Fight alongside Marshal Shiba and the Sharpshooters in this epic crypto game.
Download today!https://t.co/qRJ2xS9Bwohttps://t.co/3FTtjmJh3H pic.twitter.com/PLbG7r1RVB
— shibashootout (@shibashootout) August 16, 2024
Complementing its market appeal is its range of community-centric initiatives, spanning, cactus staking, posse rewards, lucky lasso lottery, campfire stories, saving saddlebags, and token governance roundups. Active members of the community can capitalize on the aforementioned high-rewarding programs to amplify their crypto gains.
In terms of security, Shiba Shootout is leaving no stone unturned. Recently, it passed a smart contract audit conducted by SolidProof, an independent blockchain security firm. This impressive milestone, coupled with its community-driven and transparent approach helped the project secure the support of reputable crypto publications like Finbold, Bitcoin.com, Insidebitcoins, and even Cointelegraph.
More so, prominent crypto analysts, including ClayBro, CryptoZeus, and Jacob Bury have analyzed the project’s potential to make a strong impact in the meme coin landscape. Considering its multiple potential upsides, including its P2E utility, these experts say Shiba Shootout will see a cycle of growth that will make it a standout performer in the coming months.
Priced at $0.02, the Shiba Shootout presale has just crossed the $1 million mark, demonstrating investors’ growing confidence about its future. Those interested to join the presale should visit its website, shibashootout.com right now. It supports buying $SHIBASHOOT with BNB, ETH, USDT, and credit/debit cards.
To stay updated about its future listings, follow Shiba Shootout on X or join its Telegram page.
