Shiba Inu Holders to Receive 10 Million PHIL Airdrop, Rewards of Up to 500,000 PHIL Possible

The team behind the Shiba Inu ecosystem announces an airdrop of 10 million Philtoken (PHIL) for SHIB holders, with beneficiaries guaranteed

The Shiba Inu community is buzzing with excitement as the team behind the beloved meme coin announces an airdrop of 10 million Philtoken (PHIL) for SHIB holders. This massive airdrop is set to take place on October 24, and beneficiaries can expect to receive up to 500,000 PHIL.

According to the announcement, the airdrop will prioritize rewarding SHIB holders who have maintained their holdings in non-custodial wallets since August 28, 2024. The Philtoken team took a snapshot of eligible addresses at block height 20,627,000 (on August 28) to identify those who qualify for the airdrop. The eligible addresses will then be allocated a portion of the 10 million PHIL.

To participate in the airdrop, eligible beneficiaries are required to submit their non-custodial addresses on the claim page. It is crucial to note that the airdrop will be conducted on a first-come, first-served basis. As a result, the first 10,000 eligible wallets will be guaranteed to receive a minimum of 500 PHIL.

Interestingly, some users can boost their rewards to receive up to 500,000 PHIL per wallet. To qualify for this increased reward, users must follow @PhilTokenETH and @shibtoken on X and retweet the airdrop announcement.

Additionally, the Philtoken team revealed that participants who comply with this directive will automatically be entered into a 250,000 PHIL Lucky Draw.

Philtoken, the meme coin that unites them all, is the brainchild of an early Ethereum developer known only as ZZ_410. This year saw the launch of the token, which aims to band together the top 50 meme coins through charitable events. In this way, Philtoken hopes to transform the meme coin space into a force for good.

At the time of writing, PHIL is trading at $0.04439, up 128.35% in the past seven days. It is currently ranked as the 596th-biggest cryptocurrency, with a market cap of $43.97 million. There is a maximum supply of 1 billion PHIL.

The partnership between Philtoken and Shiba Inu has been teased for a while now, with Philtoken dropping hints on social media and engaging in a countdown that appears to lead up to the announcement of their partnership with SHIB.

Together, let's make a difference! A new partnership is being forged, and with it, a charity event. Can you guess which crypto project we're joining forces with? Hint: They're known for their passionate community and meme-coin status. Stay tuned to find out! $PHIL pic.twitter.com/0000iq0000

— Phil (@PhilTokenETH) October 4, 2024

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