Shiba Inu (SHIB) holders who have stored their tokens in a self-custody wallet, such as MetaMask or Trust Wallet, are now eligible for an exclusive PHIL Token airdrop. This community-driven token initiative rewards SHIB holders who meet specific eligibility criteria. Here’s a breakdown of the airdrop process and how to participate.

• PHIL tokens are available only to SHIB holders with self-custody wallets. Users can submit SHIB wallet address to the designated page and follow social media steps to double rewards.

• Users are required to follow PHIL and SHIB on Twitter, retweet the announcement for a chance at bonus tokens in order to boost $PHIL Airdrop Rewards. 

• PHIL was created by a mysterious Ethereum OG known as ZZ-410. PHIL plans to unite meme tokens for charity events and community impact.

To be eligible for the PHIL airdrop, SHIB tokens must have been held in a self-custody wallet, such as MetaMask or Trust Wallet, on August 28, 2024 (block height 20,627,000). Tokens held on centralized exchanges do not qualify for this airdrop.

Eligible SHIB holders can claim their airdrop by submitting their wallet address to the designated PHIL claim page. The airdrop is structured in a tiered system, where the first 10,000 entries are guaranteed a minimum of 500 PHIL tokens, with some wallets potentially receiving up to 500,000 PHIL.

How to Boost Your $PHIL Airdrop Rewards

To increase your chances of earning more PHIL tokens, you can complete additional steps to qualify for a higher reward and enter a special draw. Simply follow @PhilTokenETH and @Shibtoken on Twitter, then retweet the official airdrop announcement. By doing so, you’ll become eligible for a "Lucky Draw," which includes a grand prize of 250,000 PHIL tokens, offering participants an extra reward opportunity.

Source: X 

KuCoin has launched a PHIL Token airdrop campaign, offering opportunities for both new users and existing KCS holders to earn PHIL tokens. The campaign runs from November 1, 2024, 10:00 UTC, to November 8, 2024, 10:00 UTC.

Activity 1: New User Welcome Airdrop

New users who complete the following steps during the campaign period will share a pool of 2,000,000 PHIL tokens:

1. Register an Account: Sign up on KuCoin.

2. Complete KYC Verification: Verify your identity through KuCoin's Know Your Customer (KYC) process.

3. Deposit or Trade: Make a deposit or trade at least 100 PHIL on KuCoin.

The first 4,000 eligible new users will each receive 500 PHIL tokens, distributed based on registration time.

Activity 2: KCS Holder Airdrop

Existing users holding at least 10 KCS in their KuCoin accounts during the campaign are eligible for a share of 3,000,000 PHIL tokens. The distribution is proportional to each user's KCS holdings, with a maximum reward of 5,000 PHIL per participant.

For detailed information and updates, please refer to KuCoin's official announcement. 

The PHIL token comes from a mysterious figure known as ZZ-410, a reputed Ethereum developer from the early days of crypto. Using an old Ethereum wallet filled with 2,000 ETH, ZZ-410 launched PHIL with a mission to promote decentralization, support communities, and inspire long-term growth.

Source: X

PHIL isn’t just another meme token. The project’s mission is to unite the top 50 meme coins, forming a collective of community-driven projects that will host charity events for various causes. Each new partnership triggers a philanthropic event, showing that even in the world of meme coins, there’s room for impact and goodwill.

With a total supply of 1 billion tokens and an initial market cap of $100,000, PHIL is already gaining momentum in the crypto market. Its community-centric approach has captured the interest of SHIB holders and other meme token enthusiasts alike.

The team has ambitious plans for PHIL, including further partnerships and events that will bring more visibility to the token. As the community grows, PHIL’s value and impact are expected to increase, making it a token to watch in the world of meme coins.

Read more: Best Memecoins to Know in 2024

The PHIL airdrop provides SHIB holders with an opportunity to engage in a new community-driven project focused on philanthropy and collaboration. With its unique mission, PHIL aims to differentiate itself within the meme coin space. SHIB holders with qualifying wallets may find this an appealing chance to claim free tokens. However, as with any airdrop or new token project, it's important to exercise caution, as the cryptocurrency market is inherently volatile. Always assess your own risk tolerance before participating.

Read more: November 2024 Airdrops: Boost Your Crypto Earnings with This Complete Guide