News: Shiba Shootout's value is likely to rise tenfold before Dogecoin reaches $1 this year
Shiba Shootout's value is expected to rise tenfold before Dogecoin hits $1 this year
Amid the market questioning the possibility of the price of Dogecoin (DOGE) reaching $1, another meme Shiba Shootout (SHIBASHOOT) is making a lot of noise; Although Dogecoin's rise to the $1 level is not yet certain, SHIBASHOOT seems to have great growth potential, and many expect it to rise 10 times before DOGE reaches this important price level. Let's explore why this new coin stands out in the busy meme coin sector.
Obstacles to Dogecoin reaching $1
The price of Dogecoin, one of the most popular currencies in the crypto sector, has undergone severe fluctuations over the past year, and despite its strong community and support from prominent figures, Dogecoin faces several obstacles in its quest to reach the $1 mark:
Market saturation: Given its huge circulating supply and the large market share of DOGE, its price growth has slowed, making it difficult to achieve significant price increases.
Concerns regarding functional uses: Despite the great popularity of Dogecoin and its use for granting bonuses (tipping) and charitable donations, it lacks the advanced functional uses that newer projects provide to support its demand.
Market competition: Newer, more innovative meme currencies, such as the Shiba Shootout, are attracting investor interest, causing attention to shift away from Dogecoin.
Shiba Shootout Project is a new competitor with great growth potential
The Shiba Shootout has emerged as a strong contender in the meme sector, attracting investor interest thanks to its unique Wild West-themed logo and innovative features; Here are the reasons why it is nominated for significant growth.
Its unique and attractive features
The Shiba Shootout project delivers a unique experience that transports users to the world of the digital Wild West, providing exciting virtual battles between the “Shiba Showdown” meme characters along with colorful characters such as Marshal Shiba and Shiba Sharpshooters; These attractive features not only provide the project with a competitive advantage, but also attract a large community of enthusiasts to participate in its unique technical system.
Innovative features that support project growth
One of the biggest draws to the Shiba Shootout Project is a host of innovative features designed to keep the community engaged and rewarded.
Referral program (Posse Rewards): This program encourages users to invite their friends, which contributes to the growth of the community and rewards participants.
Cactus Staking Program: Users can stake SHIBASHOOT coins via a cactus-like tool, symbolizing reward growth and adding fun and interactivity to staking.
Lucky Lasso Lotteries program: Participants can use their currencies to join the lottery program with the aim of earning rewards in digital currencies, ensuring continued enthusiasm and participation.
Strategic economic data
The economic data for the Shiba Shootout has been carefully crafted to stimulate immediate growth and long-term sustainability of the project, with the total supply of 2.2 billion coins allocated as follows:
35% subscription: 770 million SHIBASHOOT coins have been allocated to early investors.
20% Staking Bonus: 440 million tokens to reward investors for holding the token over the long term.
10% for project development: 220 million currencies to develop the currently ongoing project.
10% Liquidity: 220 million coins to ensure SHIBASHOOT trading is completely smooth.
20% for marketing: 440 million currencies to increase the project’s fame.
5% Rootin’ Tootin’ Shooter Bounty Fund: 110 million coins to reward the most engaged community members.
This strategic distribution ensures the continuous growth of the project, in addition to rewarding the community for its interaction and support.
A promising roadmap
The Shiba Shootout roadmap promises great successes, as it has been divided into three phases, each of which aims to achieve important goals in order to ensure continued growth and community interaction. The first phase focuses on listing the coin on the CoinGecko and CoinMarketCap websites, which will expand its owner base to more than 1,000 users as well as increase community engagement through large-scale marketing campaigns.
The second phase aims to expand the community until the number of owners of SHIBASHOOT currency reaches more than 5,000 investors. This phase also seeks to develop community partnerships by launching a digital newsletter SHOOTOUT Times, as well as ensuring the inclusion of the project currency on central trading platforms.
Finally, in the third phase, the SHOOTOUT store will be launched and the SHOOTOUT Academy will be established, which will provide educational tools, in addition to continuing to seek to list the currency on reputable trading platforms. The ultimate goal is to increase SHIBASHOOT’s owner base to over 100,000 investors with the goal of “blockchain dominance.”
Community interaction is the most important element of growth
One of the project's strongest features is its focus on community interaction. Regular community sessions (Campfire Stories) allow members to share their experiences in the crypto and meme sectors, with the goal of building a spirit of cooperation and loyalty to the project. Thanks to this great community interaction, the SHIBASHOOT coin offering has succeeded in raising more than $300,000 in funding so far, which reflects the project’s popularity and great potential.
Bottom line: Shiba Shootout potential increases about tenfold
Although there are obstacles that may prevent the price of DOGE from rising to the $1 level, the Shiba Shootout project provides an exciting new alternative that promises to provide significant returns; Given its unique Wild West logo, innovative project features, and strong community support, SHIBASHOOT is considered one of the top contenders in the meme sector; It is also attractive to investors looking for tenfold gains before the price of Dogecoin reaches the $1 barrier.
