BLP Airdrop by BullPerks: What Really Happened and Is There Anything Left?

Back in 2021, BullPerks ran a small but oddly specific airdrop that handed out 3,000 USDT in total - $30 each to 100 lucky people. That’s it. No big fanfare. No millions in tokens. No promises of moonshots. Just a simple social media task: join their Telegram, follow on Twitter, tag friends, like their Medium posts, and fill out a form. If you did all that, you got a shot. And 100 people won. That’s the whole story.

Fast forward to today - February 2026 - and the BLP token is barely breathing. It trades at around $0.0009963. That’s down over 99% from its all-time high of $0.7019. You could’ve bought 700 BLP tokens for $1 back then. Now, $1 buys you over 1,000 of them. Sounds like a bargain? Maybe. But here’s the catch: no one’s trading them. The daily volume? About $1.03. That’s less than the cost of a coffee in Wellington. And there are over 25,000 holders. Most of them are just sitting there, wondering what went wrong.

What Was the BLP Airdrop Really For?

The 2021 airdrop wasn’t designed to launch a new currency. It was a way to build a community. BullPerks was trying to turn casual crypto followers into active users. They didn’t give away thousands of tokens. They gave away $30 in stablecoins. Why? Because they knew people would stick around if they got something real, not just a speculative coin with no use case.

The tasks were simple but smart. You had to engage across platforms - Telegram, Twitter, Facebook, Medium. That meant they weren’t just collecting emails. They were building a network of people who would talk about the project, share updates, and maybe even bring in others. It was a grassroots move, not a marketing blitz. And it worked - for a while.

By the end of the campaign, BullPerks had a core group of users. They launched BullStarter, their launchpad for early-stage crypto projects. And for a time, it delivered. According to Crypto Rank, BullStarter was ranked #2 globally by ROI. Some projects listed there returned over 130x. That’s not a typo. 130 times your money. That’s the kind of number that makes people forget about a token that’s tanking.

The Token Swap That Changed Everything

Here’s where things got messy. In late 2021 or early 2022, BullPerks did a 1:1 token swap. They replaced the old BLP contract with a new one. On paper, it was seamless. You held BLP? You got new BLP. Same amount. Same name.

But here’s what nobody told you: the new contract had different rules. The tokenomics changed. Liquidity pools were moved. Trading pairs shifted. And the old holders? Many of them didn’t even know about the swap. Some lost their tokens because they didn’t claim them in time. Others just gave up. The price started dropping hard after that.

Today, CoinMarketCap lists the BLP token as having a total supply of 295.93 million, but only 21.41 million are circulating. That’s a huge gap. The rest? Locked. Staked. Or burned. Nobody’s sure. The fully diluted valuation is $298,910 - but the market cap is just $21,330. That means over 90% of the token supply isn’t even in trading hands. That’s not a bug. That’s a warning sign.

Is There Any Value Left in BLP?

Let’s be blunt. If you bought BLP at its peak, you’re underwater by 99.86%. If you got it in the 2021 airdrop? You got $30 in USDT. You probably sold it right away. Or you held it hoping for a comeback. Spoiler: that comeback never came.

Some sites still predict BLP will hit $0.11 or even $0.02. But those are guesses. Not data. The actual price moves in tiny, erratic jumps. One day it’s $0.0008. The next, $0.0011. Then back down. The Fear & Greed Index says “extreme greed,” but the trading volume says “nobody cares.” That’s a disconnect that only happens when a token has no real utility left.

And here’s the kicker: BullPerks still operates. They’re running IDOs. They still have staking. They still have a tier system - Copper Bull, Bronze Bull, up to Platinum Bull - requiring between 1,500 and 250,000 BLP tokens to unlock. But if you’re trying to reach Platinum Bull today? You’d need over $250 worth of BLP. At current prices, that’s 250 million tokens. You’d have to buy 250 million BLP tokens to get there. And for what? Access to a platform that’s barely moving.

Why Does This Matter Now?

Because people are still looking for “the next BLP airdrop.” They’re scrolling through Telegram groups, seeing old posts, and thinking: “Maybe they’re doing another one.” They’re not. There is no active airdrop. No upcoming distribution. No hidden wallet. No surprise drop. The 2021 campaign was a one-time event. It’s over.

And if someone tells you they’re running a “new BLP airdrop” right now? They’re lying. Or they’re running a scam. The official BullPerks website doesn’t list any current airdrop. The Twitter account hasn’t posted about one since 2021. The Medium blog hasn’t updated the airdrop page in years.

Don’t fall for fake airdrop links. Don’t connect your wallet to unknown sites. Don’t send gas fees to “claim” your tokens. The BLP token is dead. Not gone. Just dead. Like a car with no fuel. The engine still turns over. But it won’t move.

What’s Really Going on With BullPerks?

Here’s the truth: BullPerks didn’t fail. They pivoted. They stopped being a token project. They became a launchpad company. Their revenue doesn’t come from BLP. It comes from fees on IDOs, staking rewards, and bridge transactions. The BLP token? It’s a relic. A badge of honor for early users. A ghost in the blockchain.

They’ve launched 65 projects. Raised $15 million. Built a community of 35,000. That’s real. That’s impressive. But none of that depends on the price of BLP. The platform runs fine without it. The token just hangs there - a reminder of a time when crypto airdrops were simple, small, and honest.

Should You Buy BLP Today?

If you’re asking this question, you’re probably looking for a miracle. You think BLP is “undervalued.” You think it’s due for a rebound. You’ve seen the price predictions. You’ve seen the “228% gain” forecasts.

Here’s what you’re not seeing: the daily volume. The 25,000 holders. The fact that $1.03 is the most money traded in a full day. That’s not a market. That’s a graveyard with a few people still walking around.

Buying BLP now isn’t an investment. It’s a gamble on a dead horse. You’re not betting on BullPerks. You’re betting that a community that abandoned this token will suddenly wake up and start trading again. That’s not a strategy. That’s wishful thinking.

If you want to use BullPerks? Go to their website. Join their IDOs. Stake your ETH or BNB. Use their bridge. That’s where the real value is. The BLP token? Leave it alone.

What Happened to the 100 Airdrop Winners?

Some sold their $30 and moved on. Others held. A few even bought more. A handful got caught up in the hype when BLP briefly hit $0.50. They thought they’d hit the jackpot. Then it crashed.

Today, those 100 people are spread across the crypto world. Some are in DeFi. Some left entirely. A few still check the BLP price every morning. Not because they think it’ll rise. But because they remember what it felt like to win something real.

That’s the real legacy of the BLP airdrop. Not the token. Not the price. But the moment when a small group of people got something for doing something simple. No hype. No promises. Just a $30 payout and a chance to be part of something new.