How to Buy Shiba Shootout ($SHIBASHOOT) in 2024 – Beginner’s Guide

We’ve seen recent recreations or upgrades to previously successful cryptocurrencies, like Pepe Unchained and Sponge V2. Shiba Shootout is the new meme coin kid on the block but with new upgrades to its inspiration, Shiba Inu. We’ve prepared this guide on how to buy Shiba Shootout to ensure you don’t miss out on the latest crypto developments.

Shiba Shootout is hosting its presale. Hence, you can purchase the token directly on its presale website and be among the early investors. Staking rewards are available and are among the primary attractions of Shiba Shootout in 2024.

We’ll address your concerns about buying or skipping this token. This guide will briefly explain our price forecasts for the token, but you can look up our more extensive Shiba Shootout price prediction. With that in mind, let’s delve into all you need to know about buying Shiba Shootout in 2024.

Shiba Shootout Coin – ICO Overview

What is Shiba Shootout?

This community-driven crypto project gets creative with the Shiba Inu legend, adding adventure twists to the story. The official website shows three Shiba Inus on horseback, bringing the Wild West theme to the project. A glance might make you think Shiba Shootout is a game with a native token, but that is one side of the project.

ShibaShootout is a high-stakes battle among its token holders. The backstory involves several characters, including Marshal Shiba and the Shiba sharpshooters. Everything takes place in the legendary town of Shiba Gulch.

While the game development remains in the works, token holders can qualify for rewards by sharing stories during campfire meets. You may miss out on the shootouts, but here’s how the project brings utility to its $SHIBASHOOT token:

• Posse Rewards: This referral program rewards the referrer and the new member. The more Posse you have, the more rewards you’ll receive. You can increase your Posse by inviting more members to sign up with your link. This approach is similar to the Base Dawgz refer and earn model.
• Campfire Stories: The project will host sessions where you can share your crypto and meme coin journeys. Holders with the best stories will earn $SHIBASHOOT tokens.
• Token Governance Roundups: You can vote on key project decisions as a token holder.
• Lucky Lasso Lotteries: This aspect allows token holders to purchase lottery tickets with the $SHIBSHOOT tokens. It is an opportunity to win big.
• Savings Saddlebags: Earn extra rewards for locking up your tokens for a specific period. This feature allows you to send a specific percentage to a wallet as savings.
• Cactus Staking: Again, you can accumulate more tokens through staking.

The Shiba Shootout whitepaper has more details on the project’s specifics. We recommend reading it to learn more before investing.

The Roadmap

This project provides a viable attraction to buy Shiba Shootout and hold it. The staking rewards and other features will encourage that. Fortunately, a few vital features will be available before the token listing on prominent decentralized and centralized exchanges.

Here’s the project roadmap:

• Phase one

This phase includes the community launch, the audit, the token generation, and the presale. As of this writing, we are still in phase one since the presale is ongoing.

• Phase two

We can expect the “Campfire Sessions” to go live in this phase. Other notable milestones will include the ShibaShootout blockchain’s integration. The beta version of the ShibaShootout mini-game will also debut in this phase.

• Phase three

Like most meme coins, Shiba Shootout reserves its DEX and CEX listings for the final phase. We can expect a public launch, meaning you can trade your tokens. Although unclear, the project proposes some ShibaShootout partnerships in this phase.

You can keep up with the project through its Telegram channel, which is for announcements only.

Shiba Shootout Tokenomics

The project’s whitepaper shows that the total $SHIBASHOOT tokens in supply will be 2.2 billion. Nevertheless, the total supply is broken into several areas to ensure the token’s sustainability. The tokenomics is as follows:

• Presale: 35% or 770,000,000 tokens
• Rootin’ Tootin’ Shooter fund: 5% or 110,000,000 tokens
• Marketing: 20% or 440,000,000 tokens
• Liquidity: 10% or 220,000,000 tokens
• Project funds: 10% or 220,000,000 tokens
• Staking: 20% or 440,000,000 tokens

That shows that 770,000,000 tokens are up for grabs during the presales. You can buy Shiba Shootout now at one of its lowest prices. Each presale stage will come with a higher price.

The presale will end when the project sells out the tokens or reaches its financial goal. Stay updated on the latest developments in the crypto industry through our premier platform, ICOBench, covering all aspects from ICOs to IDOs.

Why Invest in Shiba Shootout?

With many competing meme tokens and new token launches, you will likely wonder why Shiba Shootout deserves a spot in your portfolio. While it shares a similar look and name with Shiba Inu, the two crypto projects are distinct. Hence, we can’t associate Shiba Shootout with Shiba Inu’s success and expect it to perform the same way.

We appreciate the introduction of utility, which gives $SHIBASHOOT an edge over regular meme tokens. The subsequent release of the ShibaShootout mini-game shows that the token might compete with other gaming ICOs released then.

Why You Should Invest in Shiba Shootout

With that in mind, here are a few reasons why you should invest in Shiba Shootout:

The Token Utility

You are not just picking up a meme token when you buy Shiba Shootout. Instead, you pick up a coin with inherent value to drive demand. The campfire sessions, lotteries, saving rewards, and a mini-game are enough reasons to buy the token.

That demand will likely favor the token, increasing its price in the exchanges. While market sentiment and hype are still crucial, this utility nature gives the token more to hang on to. Nevertheless, study the market thoroughly and invest prudently.

Staking Rewards

Early investors can earn more tokens beyond their purchasing capacity through staking. The yield percentage will vary as the presale continues. Notwithstanding, the token offered over 2,000% rewards as of this writing.

There is no information on whether staking will continue after the presale and public launch. Whether that happens or not, being an early investor allows you to earn more tokens. That will come in handy when the token becomes public for trading.

Expected Crypto Bull Run

With a bull run comes the demand for affordable and promising tokens. Shiba Shootout sits in a unique position that offers both potential and affordability. Hence, we expect buyers to turn to Shiba Shootout.

Community Engagement

Several token features are geared towards community engagement. From the campfire sessions to the lotteries, community participation is something you can expect. This participation will likely bring a healthy demand for the token.

Unlike most meme coins, where buyers flip immediately after launch, $SHIBASHOOT community-driven activities will keep interest going. That will likely translate to a price increase.

What to Consider Before Investing in Shiba Shootout

You can buy Shiba Shootout for its utility. However, that isn’t enough to shield the token from a generally volatile crypto market. You must always look out for that when purchasing any crypto.

Volatility might not sweep Shiba Shootout off like other meme tokens without utility. However, it is still enough to cause a price dip.

Consider your risk tolerance level before purchasing this token. Even so, take adequate risk management measures.

Shiba Shootout Price Prediction

As of this writing, the presale has raised over $500,000. With a starting price of $0.0194, the token has enough room to stretch. We expect it to reach $1 in less than two years, given its innovative features.

A price dip might occur between 2024 and early 2025. Nonetheless, the coin will likely have a positive trend as the months go by.

Here’s a table summarizing how we expect the token to perform:

Buy Shiba Shootout – Conclusion

Shiba Shootout’s innovative take on the meme coin culture is impressive. Its features are community-driven, guaranteeing demand even when the market loses the initial rush-hour feeling. The best approach to maximizing profits is to buy Shiba Shootout during its presale and stake them.

You can still participate in the campfire sessions and lotteries to win more tokens. Notwithstanding, consider the ever-present crypto volatility and other investment risks. Invest prudently to avoid severe losses.

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