Abstract: An inflatable ballon including an elastically expansible material formed into a closed shape so as to define an expansible chamber therein, the material having an inflation opening for supplying a pressurized gas thereto so as to inflate the material; an upper eye unit having an upper portion and a lower portion partially depressed into a top portion of the material substantially opposite to the inflation opening so that the top portion of the material surrounds the lower portion of the upper eye unit and the upper portion extends out from the material and by which the balloon can be connected to another object; a cylindrical tubular valve extending partially into the inflation opening for supplying the pressurized gas to the chamber, the valve including an inflation channel providing fluid communication between the chamber and ambient atmosphere; a plug insertable into the valve for closing the inflation channel; a lower connecting loop unit secured to a lower portion of the valve that extends from the infla