The Shiba Inu team has announced a new airdrop offering substantial rewards to its community. The official Shiba Inu account on X shared: “ATTENTION SHIB HOLDERS! 10M PHIL Airdrop happening NOW! And #SHIBARMY get double rewards! @PhilTokenETH.”
Attention Shiba Inu Holders
In a detailed blog post, the Shiba Inu team elaborated on the airdrop, emphasizing the opportunity for dedicated holders. “Right, listen up, you diamond-handed degens! If you’ve been hodling onto your precious SHIB like it’s the One Ring, you’re in for a treat. A juicy PHIL token airdrop is raining down from the crypto heavens, and you don’t want to miss this token rain,” the team announced.
The airdrop targets SHIB holders who had their tokens in non-custodial wallets—such as MetaMask, Trust Wallet, or Ledger—on August 28, 2024, at block number 20,627,000. The team clarified: “Those who left their SHIB on centralized exchanges, however, are out of luck this time. This airdrop is exclusively for the self-custody crowd.”
To participate, eligible SHIB holders need to submit their SHIB wallet address on the designated platform; no wallet connection is required. The first 10,000 entries are guaranteed a minimum of 500 PHIL tokens, but rewards could reach up to 500,000 PHIL per wallet. “The first 10,000 entries are guaranteed a minimum of 500 PHIL, but fortune could favor the bold, with potential rewards reaching up to 500,000 PHIL per wallet. Consider it a crypto raffle, but without the flashy presentation and oversized novelty checks,” the blog post explains.
Participants can double their potential payout and gain entry into a “Lucky Draw” with a grand prize of 250,000 PHIL tokens by following both @Shibtoken and @PhilTokenETH on X and retweeting the announcement. The team encourages: “Want to boost your chances and look like a crypto VIP? Follow both @Shibtoken and @PhilTokenETH on Twitter and retweet the announcement. Doing so doubles your potential PHIL payout and grants entry into a separate ‘Lucky Draw’ with a grand prize of 250,000 PHIL. It’s practically free money, just with a few extra clicks.”
The PHIL token originates from a mysterious figure known as ZZ-410, described as “an original Ethereum developer from the ancient days of the ICO.” Utilizing a dormant genesis wallet containing 2,000 ETH, ZZ-410 launched PHIL. “They’ve dusted off a long-dormant genesis wallet, brimming with a legendary 2,000 ETH, and brought PHIL into being. (The proof is on Etherscan, etched into the immutable blockchain ledger.),” the team notes.
The project’s vision centers on decentralization, community, and long-term goals. “They aim to unite the top 50 meme coins in an unprecedented alliance of canine-themed camaraderie and philanthropy. Each new partnership will trigger a charity event, because even meme coins, it seems, can have a charitable spirit,” the announcement states.
The official PHIL token website provides further details. The token’s specifications are as follows: Token Name: PHIL; Total Supply: 1,000,000,000 PHIL; Decimals: 18; Initial Market Cap: $100,000. The stealth launch details include an initial 36.6 ETH, an initial supply of 1,000,000,000 PHIL, and liquidity that has been burned.
The airdrop is limited to 10,000 wallets. SHIB holders can check their eligibility by visiting the PHIL x SHIB airdrop platform and submitting their non-custodial SHIB wallet address.
At press time, SHIB traded at $0.00001786.
