It a snake that does 120 damage.
Both on the forums and in-game, UberStrikers speculate that this weapon will be available for a limited time only, as it is a Chinese New Year special and not an official release of any kind. It is predicted that the weapon will be removed once the Chinese New Year is over.
~This isnt the case as, presently, the weapon is still in store available for purchase as an addition to the shop's inventory.
Cmune's headquarters are based in Beijing, China; providing a possible reason as to why Cmune celebrates Chinese New Year with new weapon releases yearly.