Crypto.com Launches $250,000 Shiba Inu Prize Pool for Users

Exciting New Reward Program for Crypto Enthusiasts

Crypto.com, a prominent centralized exchange, has unveiled an enticing opportunity for its users: a prize pool of $250,000 in Shiba Inu (SHIB) tokens. This initiative is part of the platform’s airdrop Arena, a section dedicated to rewarding users who stake the native CRO token.

How Users Can Participate in the Shiba Inu Prize Pool

In a recent announcement via social media, Crypto.com detailed the mechanics of this new reward program. Eligible participants will have the chance to share in the substantial $250,000 worth of Shiba Inu tokens. To take part, users must stake their CRO tokens in the airdrop Arena, enhancing their chances of winning based on a points system.

The distribution of SHIB tokens will favor those who rank highest in points accumulation. Essentially, the more CRO tokens a user stakes, the greater their likelihood of receiving a portion of the prize pool.

Early Participants Get a Boost

Crypto.com is incentivizing early participation by offering a significant advantage to the first 10,000 users who engage with the new event. These early birds will enjoy a 120% increase in points. Additionally, users who lock up to 1,500 CRO tokens in the airdrop Arena will also benefit from a daily 120% points boost.

The reward program is set to run for one month, from July 5 to August 4, 2025. Qualified users who opt for the Loot Locker feature will see their share of the $250,000 Shiba Inu prize deposited into their wallets seven days after the event concludes.

Crypto.com’s Ongoing Support for the Shiba Inu Community

This latest initiative underscores Crypto.com’s commitment to the Shiba Inu ecosystem and its dedicated community. The exchange has been a supporter of Shiba Inu since it listed the token in May 2021 and has maintained a significant reserve of SHIB over the years.

In March 2023, Crypto.com expanded its offerings by listing the Bone ShibaSwap (BONE) token, further enhancing the visibility of the Shiba Inu ecosystem. CEO Kris Marszalek expressed gratitude for the Shiba Army’s support during this listing event.

Shiba Inu Ecosystem Continues to Evolve

Despite facing recent price fluctuations, the Shiba Inu team remains focused on developing its ecosystem. Luice, the marketing lead, reassured supporters that Shiba Inu is here to stay, emphasizing that its foundation is not reliant on a small number of holders.

Shytoshi Kusama, the lead of the Shiba Inu project, has hinted at significant updates coming in July, suggesting that these developments may involve artificial intelligence (AI). He encouraged the community to prepare for exciting announcements, alluding to the phrase “July is JUL-AI.”

Kusama has been diligently working on AI-driven innovations, which he believes will play a crucial role in shaping the future of the Shiba Inu ecosystem. The community is eagerly anticipating the release of a whitepaper this month, especially following a recent partnership with AI gaming platform TokenPlayAI, which has generated considerable excitement.

Disclaimer: This article is for informational purposes only and should not be interpreted as financial advice. The opinions expressed herein are those of the author and do not necessarily reflect the views of The Crypto Basic. Readers are encouraged to conduct their own research before making any investment decisions. The Crypto Basic is not liable for any financial losses incurred.

Disclaimer: This article is provided for informational purposes only and does not constitute financial advice. Readers are encouraged to conduct their own research before making any investment decisions.