A new Ethereum-based meme coin, LILSHIB, has entered the presale market with a distinct model centered on instant cashback and referral rewards, positioning itself as a competitor to established tokens like Shiba Inu (SHIB), Floki (FLOKI), and Pepe (PEPE). The project's core innovation is a real-time reward system that pays users directly for purchases and referrals.
The LILSHIB presale is a single-phase event aiming to raise $11 million, with 55 billion tokens (50% of the total 110 billion supply) allocated for sale at a fixed price of $0.0002 per token. As of the latest updates, the presale has sold approximately 1,940,402.345 tokens, raising roughly $388,080.469 from early participants. The protocol features locked liquidity to prevent manipulation and includes a deflationary mechanism with 5.5 billion tokens reserved for burning and 50% of future protocol revenue dedicated to buyback-and-burn initiatives.
The standout feature is its instant cashback referral engine. Upon connecting a wallet, users receive a unique referral code. When a new buyer uses that code, the referrer earns a 10% reward—5% paid in LILSHIB tokens and 5% in ETH, USDT, or USDC—directly to their wallet without needing to claim it. A public leaderboard tracks top earners, gamifying community growth.
Post-launch, the ecosystem plans to introduce staking with a 44% APY (allocating 22 billion tokens), a swap feature (LilShib Swap), NFT drops, and future DeFi products. The roadmap even mentions ambitions for a proprietary Layer 2 chain. The project has completed internal audits for its token and smart contracts.
In contrast, the article outlines the basics of its competitors: SHIB leverages Ethereum's security and social media trends; FLOKI has expanded into Web3 products like the Valhalla game and FlokiFi; and PEPE employs a no-tax policy and burn mechanism on Ethereum.
