A meme coin is giving its community members something to stay up for during this yuletide season, filling the air with excitement because the 12 months end draws near.
Shiba Inu gave crypto investors a teaser that the token is preparing for a giveaway event to its members throughout the Christmas season.
‘Incredible Christmas Giveaway’
Christmas has long been referred to as the time for gift-giving and festivity. It appears that evidently Shiba Inu affirms this longtime tradition of the spirit of Christmas, which symbolizes goodwill and generosity to others.
In an X post, the meme coin’s marketing lead Lucie announced an upcoming holiday offering from Shiba Inu, calling it an “incredible Christmas giveaway.”
The marketing lead said that the crypto token’s team has approved a budget to arrange a Christmas event.
🎉 Big News! 🎉
I’m thrilled to announce that I’ve been approved for an incredible Christmas giveaway budget by our amazing Shib devs!
🎅🎁 Prepare for an Amazing Christmas $Bone December where we’ll treat you right!
It’s not live yet, but be certain to follow:…
— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) November 28, 2024
“I’m thrilled to announce that I’ve been approved for an incredible Christmas giveaway budget by our amazing Shib devs,” Lucie said in a post.
She revealed that the Shiba Inu holiday event is dubbed the Amazing Christmas Bone December, saying that vast rewards await community members who will take part in the special event.
Some crypto observers suggest that the so-called Christmas giveaway could possibly be in the shape of Shibarium, the official gas token of the Shiba Inu ecosystem. Others think that the reward is likely to be the Bone ShibaSwap (BONE) or other related incentives.
SHIB market cap currently at $15.3 billion. Chart: TradingView.com
Triggering Excitement
Many members of the Shiba Inu ecosystem are getting enthusiastic about what the vacation giveaway could possibly be. The announcement sparks the interest of the coin’s users, anticipating that the Christmas rewards will make this 12 months’s holiday season memorable for your complete Shiba Inu community.
Nevertheless, a handful of community members are usually not delighted with the announcement, questioning what could possibly be the rationale for launching a giveaway centering on BONE moderately than on SHIB.
Why not #shib as a substitute of bone?
— Shibholder (@Shibaholder__) November 28, 2024
On the time of writing, nobody from the Shiba Inu team has issued an evidence concerning the query.
Some analysts believed that using BONE because the central asset for this 12 months’s Christmas reward could beef up its visibility and adoption.
Currently, BONE is being traded at $0.5378, which is decreasing by 1.99% daily. Nevertheless within the last seven days, BONE moved up by 3.78%.
A Similar Event In 2023
This just isn’t the primary time Shiba Inu has made a Christmas special offering to its community members.
In December 2023, the crypto token also conducted a promotional event throughout the Christmas season called the “Shibarium Giveaway Party.”
Throughout the promotional event, the token’s users joined an X Space that featured top partners of the meme coin similar to Bad Idea AI and Welly.
After the event, participants received 10 branded Shiba Inu and Bad Idea Tangem blockchain Wallets each.
Furthermore, the Shiba Inu ecosystem team revealed that other than the Christmas event, they will even give $2,000 to lucky Shibarium users while offering an airdrop of 500,000 PHIL tokens to SHIB holders.
Featured image from TechBullion, chart from TradingView