Shiba

2024

Pepe

Rewards

The post <a href="https://coinpedia.org/sponsored/why-shiba-shootout-price-could-outperform-other-meme-coins/" rel="noopener noreferrer nofollow">Why Shiba Shootout Price Could Outperform Other Meme Coins in 2024 and 2025</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
Meme coins are known to have huge pumps in bull runs, mainly due to the hype that can be built around them. In fact, in the last few months, they outperformed many utility cryptos.&nbsp;
A prolonged bull run is expected to happen in 2024 and 2025, as various predictions have suggested, and this has also increased talks about cryptos or meme coins that could outperform the larger market.&nbsp;
Shiba Shootout (<a href="https://shibashootout.com/en" target="_blank" rel="noopener noreferrer nofollow">SHIBASHOOT</a>) has been standing out in these discussions as its offerings suggest it could outperform many meme coins.&nbsp;
<h2 class="wp-block-heading" id="h-what-is-shiba-shootout">What Is Shiba Shootout?</h2>
Shiba Shootout combines innovation and fun with its Western-inspired theme. It offers an experience that goes beyond just making transactions, like most other memes.
Set in the digital wild west of the crypto world, Shiba Shootout lets users embark on adventures where they combine creativity, strategy, and the excitement of an old-fashioned cowboy’s duel.
Shiba Shootout allows users to experience the crypto world with strength and wit likened to that of a Shiba cowboy. The project engages users in high-stakes battles that promise both thrills and potential rewards.&nbsp;
Unlike some meme coins that only rely on hype and social media attention, Shiba Shootout aims to offer real usefulness and longevity.
<figure class="wp-block-image size-full"><img decoding="async" width="1024" height="536" src="https://image.coinpedia.org/wp-content/uploads/2024/06/17190732/image-301.png" alt="shiba-shootout" class="wp-image-316677" srcset="https://image.coinpedia.org/wp-content/uploads/2024/06/17190732/image-301.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/06/17190732/image-301-300x157.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/06/17190732/image-301-768x402.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/06/17190732/image-301-150x79.png 150w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<h2 class="wp-block-heading" id="h-features-driving-shibashoot-s-potential-growth">Features Driving SHIBASHOOT’s Potential Growth</h2>
Several key features of the Shiba Shootout project could contribute to its potential outperformance in the meme coin sector:
<ol>
 <li>Cactus Staking Mechanism&nbsp;</li>
</ol>
One of the key features of SHIBASHOOT is its cactus staking system. With this provision, users get to stake their tokens and earn rewards, which could help the ecosystem in various ways.
Locking up tokens reduces the number of tokens in circulation. This also helps reduce the token’s volatility as it reduces the rate at which people would dump SHIBASHOOT. Lastly, earning passive income can attract more users. All these could easily increase the demand for the token and drive the price up.&nbsp;&nbsp;
<ol start="2">
 <li>Referral Program and Community Growth&nbsp;</li>
</ol>
The referral program is a good way to grow the user base and make more people aware of the project. When users tell a friend about Shiba Shootout, the friend is more likely to trust it because it’s coming from someone they know.
The referral program encourages people to join and helps the community feel like they’re all working towards the same goal; thereby increasing interest and demand for SHIBASHOOT tokens.
<ol start="3">
 <li>Lucky Lasso Lottery&nbsp;</li>
</ol>
This lottery lets users win big prizes while also supporting good causes. The chance to win something for themselves and help others can make people really want to participate.&nbsp;
<h2 class="wp-block-heading" id="h-tokenomics-the-backbone-of-shibashoot-s-potential">Tokenomics: The Backbone of SHIBASHOOT’s Potential</h2>
Shiba Shoot’s token economy has been carefully designed to address various aspects of project development and community engagement.
Presale (35%): 770 million SHIBASHOOT tokens are set aside for the presale.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 When she realizes you're holding $SHIBASHOOT<a href="https://twitter.com/hashtag/Shibashoot?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Shibashoot</a> <a href="https://twitter.com/hashtag/Shibashootout?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Shibashootout</a> <a href="https://twitter.com/hashtag/Memecoins?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Memecoins</a> <a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Altcoins</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/web3%E2%80%8C%E2%80%8C?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#web3‌‌</a> <a href="https://t.co/YMPdrCpUva" rel="noopener noreferrer nofollow">pic.twitter.com/YMPdrCpUva</a>— shibashootout (@shibashootout) <a href="https://twitter.com/shibashootout/status/1801564311405342894?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 14, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
Staking Rewards (20%): 440 million SHIBASHOOT tokens are reserved for staking rewards.&nbsp;
Project Development (10%): 220 million tokens are earmarked for ongoing project development.&nbsp;
Liquidity Provision (10%): 220 million SHIBASHOOT tokens are dedicated to liquidity.&nbsp;
Marketing Efforts (20%): 440 million tokens are allocated for marketing purposes.
Special Rewards Fund (5%): 110 million tokens are set aside as the “Rootin’ Tootin’ Shooter Fund” to reward the most active and skilled participants in the Shiba Shootout ecosystem.
The project’s offerings could push it to outperform many other meme-related cryptos like Shiba Inu, Pepe Coin, and dogwifhat. However, in the end, Shiba Shootout’s success will depend on how it executes its road map and the various activities that could drive traffic for the project. If it can leverage its unique position and continue to grow, it could become a standout performer in months to come.&nbsp;
JOIN THE SHIBA SHOOTOUT PRESALE (SHIBASHOOT)
<a href="https://shibashootout.com/en" target="_blank" rel="noopener noreferrer nofollow">Website</a>&nbsp; |&nbsp; <a href="https://x.com/shibashootout" target="_blank" rel="noopener noreferrer nofollow">Twitter</a>&nbsp; |&nbsp; <a href="https://t.me/shibashootout" target="_blank" rel="noopener noreferrer nofollow">Telegram&nbsp;</a>

Why Shiba Shootout Price Could Outperform Other Meme Coins in 2024 and 2025

Table of Contents

CoinPedia News

Other articles published on Jun 17, 2024

TON Blockchain TVL Surges 128% to $608 Million in One Month

Beercoin (BEER) price analysis: here’s why BEER token is sinking

MoonBag; Best presale in 2024 Raises $2.4M: The Top Presale of 2024 You Can’t Miss

VALR Concludes European Tour with Strategic Engagements Across Key Financial Hubs

FTX victims go after company’s assets from criminal forfeiture

Bitcoin Exchange Inflow Jumps, BTC Price Drop to $63,000 Likely

Join our free newsletter for daily crypto updates!