Looking for a crypto project that actually has utility and a realistic chance of 100x gains?
Check out Shiba Shootout – a presale project with a native gaming app for Android and iOS. It also offers community-centric rewards and staking APYs of over 1200%.
The presale has just launched, so you can scoop the lowest cost basis. But first, read my Shiba Shootout price prediction to assess the upside potential. Discover my price forecast for 2024, 2025, and 2030.
The Shiba Shootout Price Prediction 2024 to 2030 At a Glance
Here’s a quick snapshot of my Shiba Shootout price prediction:
- End of 2024 – Before the exchange listing, $SHIBASHOOT will be sold to presale investors. The current price is $0.0196. I expect the presale to sell out, meaning Shiba Shootout will have a market capitalization of about $43 million. A potential all-time high of $0.098 could be hit before the end of 2024. Expect resistance at the 10-cent level. Nonetheless, this prediction would translate to presale gains of 5x.
- End of 2025 – I believe that $SHIBASHOOT has every chance of reaching unprecedented heights in 2025. Especially if the wider meme coin space reaches never-seen-before levels. My price prediction for 2025 is an all-time high of $3.626. This means growth of 37x from the current presale price and a market capitalization of about $1.5 billion.
- End of 2030 – The key factor for Shiba Shootout will be its mobile game. Continued development and increased app downloads could see $SHIBASHOOT hit a $6 billion valuation in 2030. This would mean a $13.916 price target or 142x from the presale rate.
The Shiba Shootout Token Price Prediction Summary
Year | Potential Low | Average Price | Potential High |
2024 | $0.0169 | $0.041 | $0.098 |
2025 | $0.196 | $1.101 | $3.626 |
2030 | $7.330 | $9.089 | $13.916 |
The Shiba Shootout Price History
Shiba Shootout could be one of the best crypto presales, with over $775,000 raised so far. However, its presale status means it doesn’t have any price history. Nonetheless, the current presale price is $0.0196. The price increases every few days, like most presales. The Shiba Shootout whitepaper doesn’t state the final presale rate.
That said, we can estimate the market capitalization from the tokenomics and hard cap projections. The maximum presale raise is $15 million. And 35% of the supply has been allocated to the presale. Therefore, the market capitalization will not exceed $43 million when the presale concludes. This would make Shiba Shootout a micro-cap project.
Compare this to similar projects in the meme and gamification spaces, and you’ll see that $SHIBASHOOT offers an attractive upside. However, nobody can predict how the markets will react to the exchange listing event. As such, it’s best to secure a discounted entry price to reduce the risk exposure. This can be achieved by participating in the presale early.
The Shiba Shootout Price Prediction 2024
Let’s hone in on our Shiba Shootout price prediction for 2024. As mentioned, the project must first complete its presale campaign. It will then list $SHIBASHOOT tokens on a decentralized exchange (DEX). I believe this will be Uniswap, as Shiba Shootout operates in the Ethereum ecosystem.
The team will also be lining up centralized exchange (CEX) listings. This is crucial for the project to evolve, as CEXs have significantly more users, volume, and liquidity. In terms of price potential, my bullish forecast is a 2024 all-time high of $0.098. This would value Shiba Shootout at $215 million.
This is based on the fully diluted market capitalization, meaning it takes into account 100% of the token supply. However, I should also note that my bearish price prediction is $0.0169, which is below the presale price. This is based on critical market conditions, should Bitcoin enter a prolonged downward trajectory.
The Shiba Shootout Price Prediction 2025: A Look Ahead
My price prediction for 2025 aligns with Standard Chartered. That is, we’ll see ultra-bullish markets. Not only for Bitcoin but a majority of cryptocurrencies. Especially those with use cases like Shiba Shootout. Should Bitcoin trade above $150,000 in 2025, I believe that $SHIBSHOOT could hit all-time highs of $3.626.
This would value the project at $1.5 billion and represent gains of 37x from the current presale price. A more modest price prediction is $1.101. This would come into play if Bitcoin fails to break through key residence levels. Once again, Shiba Shootout’s potential will also be determined by its mobile game and the loyalty of its token holders.
The Shiba Shootout Price Prediction 2030: Long-Term Outlook
Fast forward to 2030 and the wider cryptocurrency landscape becomes misty. Bullish analysts believe that Bitcoin could be the world’s de facto store of value, meaning a market price of over $1 million, and a valuation of many trillions of dollars. This would be welcome news for Shiba Shootout investors, especially those investing long run.
My tentative forecast for 2030 is that Shiba Shootout is a mainstream ecosystem with its mobile gaming app, community rewards, and governance structure. After all, those holding $SHIBSHOOT have a say in how the project is run. Any key proposals require a community vote, meaning investors are more likely to remain loyal long-term.
With this in mind, my Shiba Shootout price prediction is at an all-time high of $13.916. This would mean a market capitalization of $6 billion, and gains of 142x from the current presale price. A more conservative prediction is between $7.330 and $9.089, based on stagnant market conditions.
Possible Highs and Lows of Shiba Shootout Token
Let’s summarize my Shiba Shootout price predictions for 2024 – 2030:
Shiba Shootout Token Price Prediction Summary
Year | Potential Low | Average Price | Potential High |
2024 | $0.0169 | $0.041 | $0.098 |
2025 | $0.196 | $1.101 | $3.626 |
2030 | $7.330 | $9.089 | $13.916 |
What Is Shiba Shootout?
Founded in mid-2024, Shiba Shootout is a new cryptocurrency project and meme token with a Wild West theme. Like many projects, it has adopted the popular Shiba Inu dog breed as its foundation. However, while it has meme elements, Shiba Shootout is also a utility ecosystem that offers unique features and benefits when holding its native token, $SHIBSHOOT.
First, there’s the Shiba Sharpshooter game. Players fight to the death in Western duels in a town called Shiba Gulch. Winners earn $SHIBSHOOT tokens as a reward. The game has been developed and is now on Google Play and the App Store. This is a rare situation for presale projects, as most are pre-development.
Shiba Shootout also offers Lucky Lasso Lotteries. Tickets are purchased with $SHIBSHOOT and players can win big crypto prizes. Another feature is the ‘Campfire Story’ sessions. The community meets remotely to share meme-inspired stories. Those with the best stories are rewarded in this community-building event. We should also mention the ‘Cactus’ staking program (where you can earn staking rewards). There are also Token Governance Roundups where community members can vote on the future of the Shiba Shootout platform.
This offers passive staking APYs of over 1,200%. These are dynamic, however, so APYs vary depending on demand. In terms of the presale, about $775,000 has been raised so far. The presale comes in various stages, each with a price rise. $SHIBSHOOT will begin trading on DEXs after the presale. CEXs are also being lined up by the Shiba Shootout team. You can currently buy Shiba Shootout on the presale website with ETH, BNB, USDT, or a card. Shiba Shootout has also taken the top spot on our best BNB Chain meme coin list.
What Factors Influence the Price of Shiba Shootout Tokens?
Shiba Shootout’s price potential will be determined by multiple factors.
These are the main factors to look for:
- Hard Cap Target: Seasoned investors will remember the EOS presale, which raised $4 billion over a 12-month campaign. This is because EOS didn’t set a hard cap, meaning it could raise uncapped funds. Fortunately, this isn’t the case with Shiba Shootout; the presale has a hard cap of just $15 million. Achieving this target will be welcome news for presale investors. After all, a sold-out presale often results in a hugely successful exchange launch.
- State of the Altcoin Market: The best altcoins are expected to perform well during the next bull cycle. However, the altcoin market (especially with meme coins) is heavily reliant on Bitcoin’s performance. Shiba Shootout is no different. If Bitcoin is bullish with the presale ends, $SHIBSHOOT could generate sizable growth. If not, the price could be stagnant until Bitcoin’s bull run returns. Therefore, investors should follow these crypto market dynamics closely.
- Mobile Gaming Trends: Shiba Shootout’s core product is its Western-style game. As mentioned, it was recently launched on Google Play and the App Store. Investors will be hoping the game becomes mainstream, with millions of app downloads and solid reviews. This can help $SHIBSHOOT become the next 1000x crypto.
- Notable Endorsements: Like all cryptocurrencies, the Shiba Shootout price will benefit greatly from endorsements – including respected analysts, celebrities, and public figures. The project has already caught the eye of Jacob Bury – a prominent crypto YouTuber. Bury, who has a proven track record with presale picks, believes that Shiba Shootout will 10x from current prices.
Conclusion
Shiba Shootout is a high-risk presale investment – so be prepared for wild pricing swings and the potential for losses and do your own research. Even so, the project has every chance of returning solid presale gains.
It offers the perfect combination of a low market capitalization and identifiable use cases. Presale investors are also staking their $SHIBSHOOT tokens, with APYs currently over 1200%.
See Also: How to Buy Shiba Shootout
References
- What is market cap? A guide to market capitalization in crypto (MoonPay)
- Bitcoin is still headed to $150,000 by year-end despite the recent pullback, Standard Chartered says (Business Insider)
- A blockchain start-up just raised $4 billion without a live product (CNBC)
FAQs
Is Shiba Shootout a good investment?
Shiba Shootout has developed a solid ecosystem, including a recently launched mobile game and community engagement rewards. It has the potential to blow up once the presale ends, but equally, there is no guarantee the project will succeed.
What is my Shiba Shootout price prediction for 2024?
My Shiba Shootout price prediction for 2024 is a potential high of $0.098. This would mean a 5x return from current presale prices.