Shiba Inu announces the "Amazing Christmas BONE December" giveaway, rewarding active participants with BONE or tokens from its ecosystem.
Marketing lead Lucie encourages the community to follow updates from key accounts for instructions and event details.
BONE token experiences a 1.71% rally, with the Shiba Inu token gaining 3.49%, reflecting growing excitement for the upcoming event.
The team behind Shiba Inu, the second-largest meme coin by market capitalization, has unveiled a highly anticipated community giveaway for December. The event, dubbed "Amazing Christmas BONE December," promises to distribute BONE tokens or other assets from the Shiba Inu ecosystem to active participants. This initiative, revealed by Shiba Inu’s marketing lead, Lucie, aims to ignite holiday excitement among the project’s loyal supporters.
Promotional Event Details Emerge
Lucie shared the news on X (formerly Twitter), revealing that the team had approved a significant budget to support the giveaway. Although the exact start date remains undisclosed, she emphasized the importance of community engagement by urging followers to monitor updates from the ecosystem’s lead developer Shytoshi Kusama, developer Kaal Dhairya, and other associated accounts such as TREAT token and Shibarium Updates.
https://twitter.com/LucieSHIB/status/1862219438436516279
Besides encouraging participation, Lucie highlighted the magnitude of the event, describing it as "huge" and urging the community to prepare for further announcements.
Community Reacts to Token Choice
The announcement sparked enthusiasm across the Shiba Inu community, with many members expressing readiness to participate. However, the choice of BONE as the primary token raised questions. Some supporters wondered why Shiba Inu (SHIB) itself wasn’t selected for the giveaway.
Although the team has not directly addressed these concerns, industry observers speculate that the decision to prioritize BONE aims to boost its adoption and utility within the ecosystem.
The announcement has already influenced the market performance of BONE and SHIB. BONE experienced a 1.71% price increase over the last 24 hours, trading at $0.5426, although its trading volume dropped by 26%, settling at $7.34 million. The token’s market capitalization currently stands at $125 million.
Additionally, the primary Shiba Inu token witnessed a more significant rally, surging by 3.49% to $0.00002605. Despite this, SHIB’s trading volume also declined by 28%, reaching $753 million. The token’s live market capitalization now exceeds $15.35 billion.
