Shiba Shootout ($SHIBASHOOT) is a brand-new meme coin built for the community. It offers many use cases, including a mobile game for iOS and Android, not to mention tokenized rewards for sharing stories, referrals, and staking.
Learn how to buy Shiba Shootout via the ongoing presale. Get the lowest presale price before the exchange listing.
What to Know About Shiba Shootout and its Native $SHIBASHOOT Tokens
Let’s start with some key takeaways on Shiba Shootout:
- New Presale Project: Shiba Shootout is a new presale project. This means you can invest before $SHIBASHOOT tokens are traded on exchanges. The presale offers a low entry price, so you can secure an immediate upside. It takes minutes to invest; just connect a wallet and swap ETH, USDT, or BNB.
- High-Potential Meme Coin: Meme coins are the most profitable crypto niche in 2024. Some analysts believe that Shiba Shootout could be the next 1000x crypto from this category. Especially considering its low market capitalization, high growth potential, and solid use cases. Check out our Shiba Shootout Price Prediction for 2024!
- Mobile Gaming App: One of the best use cases for $SHIBASHOOT holders is the mobile gaming app. It’s a Western-style game where players enter duels and win tokenized rewards. Unlike other presale projects, the Shiba Shootout app is already live. This means you’re investing in a project with a working product.
- Rewards-Based: Shiba Shootout offers many ways to earn rewards. In addition to its gaming app, users earn rewards for sharing ‘meme coin stories’ with the community. You can also earn huge staking APYs of 1280%. Best of all, the staking pool comes without lock-up terms.
How to Buy Shiba Shootout ($SHIBASHOOT): Step-by-Step Walkthrough
Now that I’ve covered the key points, let’s move on to my presale walkthrough. You’ll learn how to get a wallet, connect it to the presale website, and complete your investment.
Read on to buy Shiba Shootout tokens at the best price possible.
Step 1: Get the Best Wallet App [Recommended Wallet for Presales]
The Shiba Shootout presale accepts wallet-to-wallet payments. There are no whitelisting or KYC requirements; just connect a suitable wallet and swap an accepted coin.
The presale accepts ETH and USDT on the Ethereum network. It also accepts BNB on the BNB Chain. Choose a wallet that supports one of these networks. My recommended wallet for presale investing is Best Wallet. It’s a self-custody wallet that comes as a free mobile app.
Visit the Best Wallet website and download the app to your Android or iOS smartphone. Open Best Wallet and complete the setup steps. This requires a PIN and biometrics. Make sure you write down the backup passphrase. This should be stored offline (e.g. on a sheet of paper) and somewhere safe.
Step 2: Add Coins to Best Wallet
Your Best Wallet app is now set up but it’s without any coins. You’ll need an accepted coin to invest in the Shiba Shootout presale, so you’ve got two options to buy some.
The easiest option is to use Best Wallet’s fiat on-ramp tool. This enables you to buy ETH, USDT, or BNB with a debit/credit card. The coins will be added to your Best Wallet balance immediately. Just complete a quick ID verification process, type in your payment details, and confirm.
The second option is to use an online exchange like MEXC or OKX. These platforms are much cheaper than Best Wallet’s on-ramp feature. However, you’ll need to manually transfer the coins to Best Wallet, which adds an extra step.
Step 3: Connect Best Wallet to the Shiba Shootout Presale
Next, head over to the Shiba Shootout presale website. Click the ‘Connect Wallet’ button. Select ‘Best Wallet’ from the list of options. A notification will appear on your smartphone.
This is from Best Wallet, which requires authorization. This ensures you’re the only person who can connect the wallet to third-party applications.
Step 4: Fill Out the Shiba Shootout Presale Form
The next step is to complete the presale form. This is a seamless process, even if you’re a beginner. First, click on the crypto coin you’re using to invest. This must be a coin that’s held in the connected wallet.
Next, type in the investment size. I’ve typed in 450 USDT in my example. This converts to 22,959 $SHIBASHOOT tokens. Check everything is correct and confirm.
Best Wallet will ask for authorization before releasing the coins. Open the Best Wallet app to provide it. And that’s it – you’ve just invested in the Shiba Shootout presale.
Next Steps
- Your $SHIBASHOOT tokens can be claimed once the presale is over. You’ll need to claim them manually.
- Alternatively, consider staking your $SHIBASHOOT tokens while the presale is still ongoing. You’ll earn extra tokens simply for keeping them in the staking pool. The APY is currently 1280%.
What is Shiba Shootout?
At first glance, Shiba Shootout appears to be one of the best meme coins on the meme coin market. It’s inspired by the Shiba Inu dog breed and has highly shareable artwork with a Wild West theme. It’s set in Shiba Guld a small town on the Wild West crypto frontier. Marshal Shiba travels around rallying Shiba Inu supporters to become Shiba Sharpshooters. However, Shiba Shootout is more than a meme coin – it comes packed with gamification features and ecosystem rewards.
This includes a fully-fledged gaming app for iOS and Android. Players enter duels in a Wild West setting – a town called Shiba Gulch – and win $SHIBASHOOT tokens when defeating other users. The game is already live and available to download from the App Store and Google Play. This means Shiba Shootout has an actual product, unlike other new cryptocurrencies.
Shiba Shootout also offers different ways to earn rewards. This includes a generous staking pool with APYs of 1280%. Just deposit the tokens in the pool to begin earning passive income. You can also earn $SHIBASHOOT by sharing meme coin stories with the community. The more wild and random the story, the higher the payout.
Shiba Shootout aims to incentivize holders to refer the project to friends and family. The more people that join the higher the tokenized rewards. Its ecosystem also includes a lottery game, Lucky Lasso Lotteries, allowing players to win huge prizes. There is also community governance with Token Governance Roundups where the Shiba Showdown community can vote on the project’s future. These use cases and features mean Shiba Shootout is a project worth keeping an eye on.
Crucially, this is a presale project, so you can invest from the ground up. The presale price increases every few days, or when the current batch sells out. Those investing today will pay just $0.0196 per $SHIBASHOOT. There will be decentralized and centralized exchange listings after the presale.
Is Shiba Shootout a Good Buy?
Here’s why Shiba Shootout is one of the best crypto presales for 2024
- Discounted Cost Price: It’s always best to buy new cryptocurrencies during the presale campaign, rather than waiting for the exchange listing. Shiba Shootout is no different. It offers a discounted price for early participation. This increases every few days. Each price increase means you’re securing a higher upside. Currently, you’ll pay just $0.0196.
- Prepare for the Next Meme Coin Season: As explained by Bloomberg, ‘Meme Coin Mania’ was last witnessed in Q1 2024. This is an extended period where many meme coins explode in value – with some projects achieving gains of 50x or more in a week. Some analysts believe that the next meme coin craze will happen in Q3 or Q4 2024. This means Shiba Shootout will conclude at the perfect time.
- Invest in a Working Product: Most presales make bold promises about products and services they ‘plan’ to deliver. These promises often never come to fruition. The Shiba Shootout presale is different. It has already launched its mobile gaming app on Google Play and App Store. This shows that the team is serious about its ambitions of becoming a billion-dollar project.
- Earn Unrepresented Staking Rewards: Shiba Shootout is one of the best staking coins, period. Those investing in the presale are currently earning APYs of 1280%. This means you’ll increase your presale investment by considerable amounts. As such, you’ll have a lot more tokens once $SHIBASHOOT is listed on exchanges.
Check out our Shiba Shootout price prediction to learn what prices we expect to see in the coming years.
Shiba Shootout Price Potential – What to Consider
You might be wondering about Shiba Shootout’s price potential after the exchange launch. This is a legitimate question but a difficult one to answer. Most presale investors will focus on the market capitalization, as this provides a realistic insight into the upside potential.
I’ve done the market capitalization evaluation as follows:
- Shiba Shootout has a hard cap target of just $15 million.
- The whitepaper states that 35% of the total token supply will be sold to presale investors.
- So, if the hard card is reached, the market capitalization upon listing will be $42.86 million.
This small valuation is a huge plus point for presale investors. For instance, if Shiba Shootout increases by 10x by the end of 2024, it still wouldn’t be worth $500 million. Much bigger gains are possible if the broader markets are bullish. Suppose Shiba Shootout hits a $3 billion market capitalization. That would yield a presale upside of almost 70x.
Not only are broader conditions important but also the project’s marketing capabilities. It has allocated 20% of the token supply for marketing campaigns, which will help Shiba Shootout reach the crypto masses.
The $SHIBASHOOT price will also benefit as more investors stake their tokens. What’s more, the success of its mobile game can have a major impact. More app downloads and positive reviews can help the ecosystem become mainstream.
Conclusion
We’ve explained how to buy Shiba Shootout at presale prices and evaluated the project’s upside potential. Although the crypto markets have become oversaturated in recent years, $SHIBASHOOT has a solid chance of becoming the next big token.
It combines meme concepts with gamification features, including a fully-fledged gaming app for Android and iOS. Shiba Shootout is also rewards-based, with various ways for the community to increase their holders.
FAQs
What is Shiba Shootout?
Shiba Shootout is a new crypto project with a Wild West game for smartphones. It offers tokenized gaming rewards, huge staking APYs, and a community-centric ethos.
How many $SHIBASHOOT tokens are there?
The total $SHIBASHOOT supply is 2.2 billion tokens. 35% will be sold to presale investors.
How to buy Shiba Shootout tokens?
Visit the Shiba Shootout website, connect a wallet (e.g. Best Wallet), and choose an investment size (no minimums apply). You can pay for your presale investment with ETH, USDT, or BNB.
References
- Memecoin Mania Drives Solana Toward All-Time Highs (Bloomberg)
- What Is a Pre-Sale? (CoinMarketCap)
