How to Buy Shiba Shootout ($SHIBASHOOT) – Easy Guide
Looking to add some high-growth meme coins to your portfolio before the next bull run? Check out Shiba Shootout ($SHIBASHOOT) – a new presale cryptocurrency with $880,000 in raised funds.
Shiba Shootout is not only a meme coin but also a play-to-earn (P2E) project – the mobile gaming app is already live on the App Store and Google Play.
This guide explains how to buy Shiba Shootout during the presale. Read on to complete your $SHIBASHOOT investment in under 5 minutes.
Shiba Shootout ($SHIBASHOOT) Token: Quick Overview
Here’s what investors need to know before buying Shiba Shootout:
- Meme and P2E Elements: Shiba Shootout has developed a hybrid concept; it merges meme coin culture with P2E gaming. The project’s mascot, Marshal Shiba, is based on the Shiba Inu dog breed. Its P2E game comes as a mobile app for iOS and Android. It’s a Wild West shooting game with tokenized rewards.
- Invest Before the Exchange Listing: Shiba Shootout isn’t listed on crypto exchanges yet as it’s currently raising presale funds. Those investing in the presale get a discounted cost price. That’s $0.0198 per $SHIBASHOOT for the next 7 days. The presale will also appeal to high-growth investors – Shiba Shootout will be listed with a small market capitalization.
- Staking APYs of Over 1000%: Shiba Shootout is offering staking APYs of over 1000%. These APYs are available to presale investors, meaning you can start accumulating passive rewards from day one. The staking APY is dynamic, meaning it rises and falls based on demand. $SHIBASHOOT can be unstaked at any time, ensuring complete flexibility.
- Tokenomics: The Shiba Shootout contract address has been audited, meaning verifiable and transparent tokenomics. The total supply is 2.2 billion $SHIBASHOOT, with 35% allocated for the presale. The team has also allocated 20% to the marketing wallet. This means Shiba Shootout has a huge marketing war chest.
How to Buy Shiba Shootout ($SHIBASHOOT): A Simple Guide for Beginners
It takes minutes to invest in the Shiba Shootout presale. Investors need a wallet that’s compatible with Ethereum or BNB Chain. Presale crypto investments can be made with ETH, USDT, or BNB. After swapping coins for $SHIBASHOOT, presale investors can stake their tokens immediately.
Read on for a more detailed walkthrough on how to buy Shiba Shootout.
Step 1: Get a Crypto Wallet
No prior knowledge is assumed in this guide, so the first step is to get a crypto wallet. There are more than 100 crypto wallets in the market – choose one that’s compatible with your preferred device type and operating system.
We suggest Best Wallet if you want a quick solution. Best Wallet comes as a mobile app for iOS and Android. The wallet also comes with an in-built decentralized exchange. This means you can trade $SHIBASHOOT once it completes its exchange listing.
Visit the Best Wallet website, download the app, and create a new wallet. You’ll be asked to choose a PIN and set up two-factor authentication. Finally, ensure you write down the 12-word passphrase. This is needed for wallet recovery.
Step 2: Buy Crypto
The next step is to buy some cryptocurrencies. The coins will be used to invest in the Shiba Shootout presale.
The presale accepts the following coins:
- Ethereum Network: ETH and USDT
- BNB Chain Network: BNB and USDT
You can buy coins directly on Best Wallet. Choose your currency, payment method, and investment size. You’ll be redirected to the partnered fiat on-ramp. Enter some personal information when prompted. And upload a government-issued ID.
Complete the payment and wait for the coins to be added to your Best Wallet balance.
Note: You can also buy ETH, USDT, or BNB on the best crypto exchanges. Fees will likely be much lower, but you’ll need to manually transfer the coins to Best Wallet.
Step 3: Connect Your Wallet to Shiba Shootout Presale
The next step is to visit the Shiba Shootout website. Click the “Connect Wallet” button from the presale widget.
Select “Best Wallet.” Open the Best Wallet app and confirm the connection.
Step 4: Complete the Presale Form
Your wallet should be connected to the Shiba Shootout presale. Next, click on the coin you’re using to invest (e.g., BNB or ETH).
Decide how many coins to invest and type it in the relevant box. You’ll notice the equivalent number of $SHIBASHOOT tokens updated in the other field. For example, 250 USDT gets us 12,626 $SHIBASHOOT.
Step 5: Buy Shiba Shootout
All that’s left is to confirm the presale investment. This must be done via the Best Wallet app (or whichever wallet you’ve connected to the presale).
The coins (e.g., BNB or ETH) will then be transferred to the Shiba Shootout presale wallet. This means you’ve successfully invested.
Staking or Claiming $SHIBASHOOT Tokens
Now that you’ve invested, choose from one of the following two options:
- Staking: The smart move is to stake your $SHIBASHOOT tokens instantly. Click on the ‘Cactus Staking’ button and follow the on-screen instructions. This will currently get you APYs of over 1000%.
- Claiming: If you don’t plan on staking $SHIBASHOOT you can claim the tokens after the presale ends. However, you’ll be missing out on competitive rewards.
How to Ensure Safety and Avoid Scams When Buying $SHIBASHOOT
Presale investments are generally safe. But it’s important to follow some best practices to avoid costly mistakes.
Here’s what you need to know before investing in the Shiba Shootout presale:
Follow Best Practices for Secure Transactions
- First, make sure you’re using the official Shiba Shootout presale website. One of the latest scams facing investors is fake presale platforms, copied like-for-like. This tricks investors into thinking they’re using the official website. Instead, they’re providing scammers access to their wallet, meaning the coins will be stolen.
- It’s also important to use the presale widget provided. Avoid transferring coins directly to the Shiba Shootout contract address. While it’s unique to the project, the contract address cannot hold presale funds. This means the coins will be lost forever.
Keep Your Crypto Wallet Secure
- Presale investors should also ensure they’re using a secure crypto wallet. To start with, the wallet must be non-custodial, meaning you can only control the private keys. What’s more, make sure you write down the wallet’s recovery phrase. You’ll need this if you forget the PIN/password or lose the respective device.
- You should be careful when using public forums, such as X and Telegram. Especially when asking for help. Scammers will impersonate the Shiba Shootout team. The aim is to trick you into connecting a wallet or providing the recovery passphrase. Never reply to personal messages on social media – this will almost always be a scam.
Consider Investment Risks
- Shiba Shootout is a presale token without any trading history. This means the investment risks are much higher when compared to established cryptocurrencies. The value of your investment can rise or fall. Only risk amounts you can afford to lose.
- Consider creating a diversified portfolio to mitigate these risks. You can check out our guide on the best crypto presales to see what other projects are currently raising funds.
What Is Shiba Shootout?
In a nutshell, Shiba Shootout is a new project that’s currently in presale. It’s raising capital to fund its operations, allowing investors to buy its native token at a discount, $SHIBASHOOT. The tokens will be listed on exchanges once the presale raise is completed. So far, Shiba Shootout has raised over $880,000.
The project is part meme coin and part P2E gaming. It’s themed on the Shiba Inu breed, meaning Shiba Shootout could be one of the best dog meme coins to buy. Shiba Shootout has already released its P2E game on the App Store and Google Play. The game combines shooting elements with strategy and adventure.
Players enter high-stakes battles to win $SHIBASHOOT tokens. Best of all, the mobile game is free to play. This allows players to earn free crypto without risking money. Shiba Shootout will also feature a decentralized autonomous organization (DAO). The idea is that $SHIBASHOOT holders will get to vote on project proposals.
This will help the project build a loyal community, just like Shiba Inu and Pepe. Long-term holders will be rewarded with passive staking rewards too. The current staking APY is over 1000%, meaning presale buyers can amplify their investments. Crucially, Shiba Shootout has been audited by SolidProof, so investors can verify the tokenomics independently.
Shiba Shootout Tokenomics
The table below provides a breakdown of the Shiba Shootout tokenomics.
Allocation | Percentage | Description |
Presale | 35% | Available to presale investors before the exchange listing |
Staking | 20% | Offers tokenized rewards when depositing tokens in the staking pool |
Marketing | 20% | Allocated to advertising, partnerships, and influencer campaigns |
Games Winnings | 5% | Players will earn tokenized rewards when playing the mobile game |
Liquidity | 10% | Provided to exchanges when $SHIBASHOOT listings are approved |
Project Funds | 10% | Used by the project team to achieve its roadmap targets |
Shiba Shootout Roadmap
The Shiba Shootout roadmap, known as the ‘Battle Plan’, is split into three phases:
- Phase 1: Now completed, phase 1 consisted of the token contract deployment, audit, research and development, and marketing partnerships.
- Phase 2: The current phase includes the presale launch, marketing push, and social media campaign.
- Phase 3: The next phase includes the iOS/Android app launch. However, this has already been completed, meaning Shiba Shootout has made rapid progress. Phase 3 will also include the initial DEX launch and CEX listings.
Reasons to Invest in Shiba Shootout Presale
Still not sure if Shiba Shootout has the potential to explode?
Here are some of the key benefits supporting the investment thesis:
1. Presale Investors Get the Lowest Price
If you’re new to presales, one of the biggest advantages is that investors get the lowest price. The Shiba Shootout presale is no different.
The current presale price is $0.0198, but this will increase in 7 days. Presale hikes happen frequently and continue until the presale is over. So, investors will secure a small profit every time the price rises.
However, just remember that presale upsides can’t be realized until the exchange listing. Even then, consider that prices can decline once trading begins, so never assume you’re making guaranteed profits.
2. $15 Million Hard Cap
The Shiba Shootout presale has set a $15 million hard cap. This is the maximum amount that will be raised. Once achieved, the presale will end. This will give Shiba Shootout a market capitalization of under $45 million. This small valuation allows presale investors to set high growth targets.
For example, other dog-themed meme coins like Dogecoin, Shiba Inu, dogwifhat, Bonk, and FLOKI have a market capitalization above $1 billion. While ambitious, Shiba Shootout would require an upside of about 22x to achieve a similar valuation. That said, Shiba Shooutout’s initial market capitalization could be lower if the hard cap isn’t reached.
3. P2E Gaming is a Huge Market
Not only is Shiba Shootout a meme coin, but it is also a promising P2E project. And, unlike many P2E ventures, Shiba Shootout’s game is already live. Crucially, it has been approved by both the App Store and Google Play. This means players can download the app for free and begin earning tokenized rewards.
Moreover, P2E projects could be one of the fastest-growing markets during the next bull run. Some studies show that blockchain gaming ecosystems will achieve a 70.3% compound annual growth rate (CAGR) through 2027. Therefore, investing in the Shiba Shootout presale could yield solid returns.
4. Stake $SHIBASHOOT Tokens
We’ve mentioned the Shiba Shootout staking pool several times in this guide. And for good reason – the staking pool is currently offering APYs of over 1000%. This means investors would multiply their $SHIBASHOOT tokens by 10x when staking for 12 months.
However, the staking APYs will likely decline once more investors enter the pool, ensuring sustainable staking rewards. Nonetheless, there are no lock-up terms when staking. You can stake and unstake at any time, ensuring you’ve always had full control of your tokens.
How Much Potential Does Shiba Shootout Have? Our Analysis
Picking the next 100x presale tokens has become incredibly difficult. There are too many presale launches in the market; many are simply carbon copies of other successful projects. That said, Shiba Shootout does have a solid chance of succeeding. After all, it has a proven concept – its mobile game is already available on Google Play and the App Store.
The game could be a huge hit with mobile gamers, considering players can win $SHIBASHOOT tokens without risking money. Moreover, we anticipate a successful presale campaign, meaning the $15 million hard cap will be reached. This will $SHIBASHOOT tokens are listed on exchanges with a very modest market capitalization of under $45 million.
Even 10x gains would require a valuation of just $450 million. And, with Shiba Shootout offering competitive staking rewards, we expect a large percentage of tokens will be locked. Meaning – the $SHIBASHOOT price can appreciate organically, without constant sell-offs from speculative traders.
Shiba Shootout Price Prediction – What Is Next for $SHIBASHOOT?
Our Shiba Shootout price prediction is summarized in the table below:
Year | Potential Low | Average Price | Potential High |
2024 | $0.01 | $0.031 | $0.066 |
2025 | $0.063 | $0.094 | $0.17 |
2030 | $0.22 | $0.32 | $0.45 |
According to the analyst, $SHIBASHOOT could hit highs of $0.066 by the end of 2024. This would mean a modest upside of over 3x from the current presale price. However, 2025 could see an extended bull run, with $SHIBASHOOT reaching $0.17. This would be about 8x from the existing presale rate.
Main Factors That Will Influence the $SHIBASHOOT Price Potential
Many factors will determine whether or not our Shiba Shootout price prediction comes to fruition, including:
- Presale Raise: One of the initial targets for Shiba Shootout is to ensure its hard cap target is met. As mentioned, the project aims to raise $15 million from investors. This is important for two key reasons. First, this will ensure Shiba Shootout has enough capital to achieve its roadmap targets, including the marketing campaign and continued game development. Second, a sold-out presale is a huge sign of approval from the crypto markets. Meaning – those missing out could be encouraged to buy $SHIBASHOOT as soon as it’s listed on exchanges.
- Fear & Greed Index: The Fear & Greed Index (FGI) is a great way to gauge broader market sentiment – especially when investing in high-risk presales like Shiba Shootout. An FGI score of over 80 means sentiment is strong. This would be highly beneficial for presale investors, as increased buying pressure will enable the $SHIBASHOOT price to explode. However, if the FGI score is below 60, this means investors are more cautious. As such, bearish sentiment can restrict the $SHIBASHOOT price from increasing.
- Exchange Listings: Being listed on DEXs can only get a project so far. This is why the Shiba Shootout team is targeting CEX listings after the presale ends. Securing reputable exchanges like OKX, Bybit, and KuCoin would be welcome news for the $SHIBASHOOT price. These exchanges have millions of active traders, meaning Shiba Shootout would get exposure to a significant audience.
- Social Media: The leading meme coin projects have a massive social media following. This is one of the most effective ways of building a crypto project from the ground up. For example, Pepe – which is up over 13,000% since launching in April 2023, has more than 675,000 X followers. Similarly, dogwifhat – which is now the fourth-largest meme coin by market capitalization, has almost 95,000 X followers. This is why social media campaigns are at the heart of Shiba Shootout’s roadmap.
Conclusion
We’ve explained everything there is to know about the Shiba Shootout presale, including its upside potential and investment risks. Analysts like that Shiba Shootout has already released its P2E game on the app stores, meaning investors are buying into a credible project.
The presale discount, plus staking APYs of over 1000%, is also appealing. However, $SHIBASHOOT is high-risk – presale buyers should avoid investing more than they can afford to lose.
Visit Shiba ShootoutFAQs
What is Shiba Shootout ($SHIBASHOOT)?
Shiba Shootout is a new play-to-earn (P2E) gaming project with meme coin features. It has just launched its P2E game on the App Store and Google Play.
How to invest in the Shiba Shootout presale?
The Shiba Shootout presale is being offered directly on its website. Investors must connect a wallet and swap ETH, USDT, or BNB for $SHIBASHOOT.
How to resolve common issues when buying $SHIBASHOOT?
You can contact the team by joining the Shiba Shootout Telegram channel. Be careful when replying to private messages – these could be scammers impersonating the team.
Does Shiba Shootout offer staking?
Yes, the Shiba Shootout staking pool is currently offering APYs of over 1000%. Tokens can be staked and unstaked at any time.
When can I claim my $SHIBASHOOT tokens?
You can only claim your $SHIBASHOOT tokens after the presale has finished. The tokens will be transferred to the same wallet used when investing.
When will $SHIBASHOOT launch on exchanges?
The exchange listing date will be announced once the presale ends. The best way to stay informed is by following Shiba Shootout on X.
References
- Shiba Shootout Website and Whitepaper (Shiba Shootout)
- You Could be Leaving Your Crypto Wallet Open to Hackers—Here’s How to Protect it (CNBC)
- Top Dog-Themed Coins by Market Cap (CoinGecko)
- Blockchain Gaming Market Analysis (Markets and Markets)