The BLP airdrop by BullPerks happened over four years ago - and it’s not coming back. If you’re reading this in late 2025 hoping to claim free BLP tokens, you’re too late. But if you’re trying to understand what went wrong, why the token is barely trading, or whether BullPerks is still worth your time - you’re asking the right questions.

What Was the BLP Airdrop in 2021?

In July 2021, BullPerks ran a small but structured airdrop to grow its early community. They gave away 3,000 USDT total - split evenly among 100 winners. That’s $30 each. Not life-changing money, but enough to get people engaged. To enter, you had to do a checklist: join their Telegram group and channel, follow and retweet their Twitter account while tagging at least three friends, like their Facebook page, subscribe to their Medium blog, and fill out a form with your wallet address and email.

It wasn’t a massive giveaway like some other crypto projects did back then. No millions in tokens. No complex smart contracts. Just a simple social media campaign on Binance Smart Chain. Winners were picked randomly and announced on July 28, 2021. No tricks. No delays. They paid out.

But here’s the thing: that airdrop wasn’t about giving away value. It was about building a community. BullPerks wanted users who would stick around, not just grab free tokens and disappear. And for a while, it worked.

What Is BullPerks Today?

BullPerks isn’t just a token. It’s a multi-chain launchpad - a platform that lets early investors get into new crypto projects before they hit major exchanges. Their main product, BullStarter, has been ranked as the second-best launchpad globally by ROI according to Crypto Rank. They’ve launched 65 projects, helped raise $15 million in funding, and built a community of 35,000 members.

They also have staking, token swaps, cross-chain bridges, and a tool called BullClaimer to distribute tokens after IDOs. Their ecosystem is still active. But none of that matters if the token itself is worthless.

BLP Token Price: A Crash That Still Hasn’t Recovered

The BLP token peaked at $0.7019 on December 2, 2021. That’s a high point for any small-cap crypto. Today? It’s trading around $0.0009963. That’s a drop of 99.86%.

It hit its lowest point on August 26, 2025, at $0.0001957. Since then, it bounced back 409% - but that’s not recovery. That’s just a short-term spike from a near-dead level. The token is still trading at less than 0.15% of its all-time high.

Why does this matter? Because if you held BLP from the 2021 airdrop, your $30 is now worth less than 3 cents. Even if you bought it at the peak, you’d need a 70,000% gain just to break even.

Tokenomics: Why the Price Is So Low

The total supply of BLP is 300 million tokens. But only 21.41 million are in circulation. That sounds good - low supply usually means higher value. But here’s the catch: almost 275 million tokens are locked up, unused, or held by the team and early investors. That’s not a red flag by itself - many projects do this.

The real problem is liquidity. The 24-hour trading volume is around $1.03. That’s less than the cost of a coffee. For comparison, even tiny tokens with 10,000 holders usually trade at least $10,000 a day. BLP has 25,940 holders - more than most - but no one is buying or selling. The market is frozen.

The fully diluted valuation (what the token would be worth if all 300 million were in circulation) is $298,910. That’s tiny for a project that once raised $15 million. The volume-to-market-cap ratio is 0.004872%. That means less than 1 in 20,000 tokens changes hands every day.

In simple terms: you can’t sell BLP easily. If you try, you’ll likely crash the price. And if you want to buy, you’ll struggle to find sellers.

Is There a New BLP Airdrop?

No. There is no current or planned BLP airdrop.

Some websites and Telegram groups are still pushing fake “new airdrop” claims. They’ll ask you to connect your wallet, send a small amount of BNB, or share your private key. These are scams. BullPerks has not announced any new token distribution since the 2021 event.

Also, there was a 1:1 token swap in 2022. The old BLP contract was replaced with a new one. If you’re seeing old addresses or contracts being promoted as “new airdrops,” they’re outdated or fraudulent.

BullPerks still runs IDOs, staking, and other services - but they’re not giving away free BLP anymore. Their focus is on project launches, not token distribution.

What About BullPerks’ Tier System?

BullPerks still uses a tiered membership system based on how many BLP tokens you hold:

• Copper Bull: 1,500 BLP
• Bronze Bull: 5,000 BLP
• Silver Bull: 15,000 BLP
• Golden Bull: 50,000 BLP
• Titanium Bull: 125,000 BLP
• Platinum Bull: 250,000 BLP

These tiers give you access to exclusive IDOs, higher staking rewards, and priority support. But here’s the catch: if you don’t have enough BLP, you can’t join. And if you bought BLP at $0.70, you’d need over $175,000 to reach Platinum Bull. Even if you bought at the 2021 airdrop price of $0.0003 (roughly what it was then), you’d still need to hold 250,000 tokens - worth about $75 today.

So while the tiers sound appealing, they’re practically inaccessible for 99% of users. The system works if you’re a whale. For everyone else? It’s a mirage.

Should You Still Use BullPerks?

Yes - but not for BLP.

If you’re interested in early-stage crypto projects, BullPerks still has a solid track record. BullStarter has delivered 130x returns on some launches. The team is active. The platform is live. You can still stake, swap, and participate in IDOs.

But do not buy BLP expecting to make money. Don’t hold it hoping for a rebound. Don’t chase a fake airdrop. The token is effectively dead.

Think of BullPerks like a car dealership. The dealership is still open, selling great cars (new IDOs). But the dealership’s own stock (BLP token) is rusted, broken, and worth nothing. You can still buy a Tesla there - just don’t take the old junker as payment.

What to Do Now

If you have BLP tokens:

• Don’t panic sell - you won’t get much anyway.
• Don’t try to “double down” by buying more.
• Don’t fall for any “new airdrop” scams.
• If you’re still using BullPerks for IDOs or staking, keep your BLP in your wallet - it might still unlock access to future events.

If you’re new:

• Ignore BLP as an investment.
• Use BullPerks for its launchpad services - not its token.
• Look at other launchpads like CoinList, DAO Maker, or Polkastarter if you want better liquidity and more transparency.

Final Thoughts

The BLP airdrop was a real event. But it’s history. The token is a cautionary tale of how a strong community and solid product can still fail if the tokenomics are broken. BullPerks survived because it stopped betting on BLP and started betting on its platform.

If you’re looking for airdrops today, focus on new projects with real traction, clear token utility, and active trading volume. Don’t chase ghosts. And never trust a “free BLP airdrop” in 2025 - it’s a trap.