The meme coin market has been a rollercoaster of excitement, speculation, and sometimes disappointment. Amidst this backdrop, a new meme coin, Shiba Shootout ($SHIBASHOOT) has kindled the new meme coin craze. Drawing inspiration from the legendary Shiba Inu meme coin, Shiba Shootouts(SHIBASHOOT) embarks on an exciting journey themed around the crypto Wild West.

Then what is Shiba Shootouts(SHIBASHOOT)? Is it a good investment in 2024? Let’s take a close look at this new meme coin project.

 

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Table of Contents

What is Shiba Shootouts?

Shiba Shootouts Key Features and Utilities

SHIBASHOOT Tokenomics

Shiba Shootouts Roadmap

Is Shiba Shootouts a Good Investment in 2024?

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What is Shiba Shootouts?

According to its whitepaper, Shiba Shootout is represented as a meme coin project that goes beyond the conventional limits of cryptocurrency. As a meme coin, Shiba Shootout shines out in a crowded market by providing a unique blend of humor, adventure, and innovative features.

Unlike many meme coins that rely solely on their community and viral potential, Shiba Shootout introduces a Wild West theme that adds an element of storytelling and engagement. It takes the user through a captivating adventure filled with creativity, strategic gameplay, and the allure of a cowboy’s showdown.

Shiba Shootout perfectly captures the essence of the meme coin market by hosting an adventure-fuelled experience themed around high-stakes battles. Users with the agility and cleverness of a Shiba cowboy will emerge out of the market victorious.

Shiba Shootouts Key Features and Utilities

Shiba Shootouts boosts several unique features and utilities, driving the surge of interest and optimism in Shiba Shootout.

Posse Rewards: a referral program enables users to invite friends to join the Shiba Shootout community, and for every new member that signs up, both the referrer and the new member receive bonus Shiba Shootout tokens, ensuring that everyone benefits from the expanding network. The bigger your posse, the more rewards you earn.

Campfire Stories: Host regular “Campfire Stories” sessions, where community members share their crypto and meme coin experiences in a casual, storytelling format. The best and most entertaining stories receive rewards in the form of Shiba Shootout tokens.

Token Governance Roundups: Hold regular “Token Governance Roundups” where token holders can cast their votes on key project decisions, just like citizens in a Wild West town.

Lucky Lasso Lotteries: implement a “Lucky Lasso Lottery” system where participants can purchase tickets using ShibaShootout tokens for a chance to win big crypto prizes. A portion of the proceeds from each lottery can go toward charitable initiatives.

Savings Saddlebags: Introduce “Savings Saddlebags,” a unique savings feature that allows users to automatically allocate a percentage of their $SHIBASHOOT tokens to a dedicated wallet. These funds can be locked up for a specific period, earning extra tokens as rewards.

Cactus Staking: Cactus Staking allows users to stake their $SHIBASHOOT tokens on a cactus plant in a digital desert landscape. The longer they stake, the more tokens they accumulate, creating a playful visual representation of growing rewards.

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SHIBASHOOT Tokenomics

Shiba Shootout’s tokenomics are designed to ensure both immediate growth and long-term sustainability. With a total supply of 2.2 billion tokens, the allocation is as follows:

• Presale: 35% (770 million $SHIBASHOOT) allocated to early buyers, providing a solid foundation for the project.
• Staking Rewards: 20% (440 million $SHIBASHOOT) reserved for incentivizing long-term holding.
• Project Development: 10% (220 million $SHIBASHOOT) dedicated to ongoing development and operational costs.
• Liquidity: 10% (220 million $SHIBASHOOT) to ensure smooth trading experiences.
• Marketing: 20% (440 million $SHIBASHOOT) to boost visibility and attract new participants.
• Rootin’ Tootin’ Shooter Fund: 5% (110 million $SHIBASHOOT) set aside to reward the most active community members.

This strategic allocation ensures that the project can maintain momentum while rewarding its community for their engagement and support.

Shiba Shootouts Roadmap

Shiba Shootout’s roadmap outlines a clear and ambitious path to success, with three phases designed to achieve significant milestones and drive continued growth.

Phase 1: Focuses on achieving initial listings on CoinGecko and CoinMarketCap, growing the holder base to over 1,000 members, and driving community engagement through viral marketing. This phase has already seen substantial presale traffic, reflecting strong community interest.

Phase 2: Aims to expand the community further, targeting a holder base of over 5,000. This phase includes developing community partnerships, launching the $SHOOTOUT Times digital newsletter, and securing listings on centralized exchanges. These efforts will help broaden the project’s reach and establish a robust foundation for future growth.

Phase 3: Involves the introduction of $SHOOTOUT merchandise, the establishment of the $SHOOTOUT Academy for educational tools, and the pursuit of Tier 1 exchange listings. The ultimate goal is to expand the holder base to over 100,000, achieving a “Blockchain Takeover” and cementing Shiba Shootout’s position as a leading meme coin.

Is Shiba Shootouts a Good Investment in 2024?

Shiba Shootout is not just a meme coin project; it’s a vibrant community that celebrates creativity, collaboration, and a shared love for crypto. With its Wild West-inspired theme, engaging utility ideas, and unique tokenomics, Shiba Shootout offers a truly immersive and entertaining experience for crypto enthusiasts around the world.

For investors and enthusiasts seeking new investment opportunities, Shiba Shootout does offer a compelling venture with the potential to redefine the meme coin space. Before the token goes big, investors can grab it for discounted prices at the ongoing Shiba Shootout presale.

However, whether Shiba Shootouts is a good investment in 2024 remains to be seen as crypto market is quite volatile and Shiba Shootouts is still under presale stage. All investors are suggested to make profound research and stay well-informed before making any investment decision regarding $SHIBASHOOT.

That’s all information about Shiba Shootouts(SHIBASHOOT). If you want to know more information about Shiba Shootouts(SHIBASHOOT) meme coin and other cryptocurrencies, please visit BTCC Academy.

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