It's The Balm Sock
These mini socks are knit in the round on dpn’s and use an afterthought heel. The hanger is chained with a crochet hook
Great last minute gifts you can hang on the tree! So quick and easy, you can stitch up several in an evening using leftover scraps of colorful sock yarn. Perfectly sized for lip balms, chewing gum, coins or other small treasures.