The BLP airdrop by BullPerks isn’t something happening today - it’s already over. If you’re searching for a way to claim free BLP tokens in 2026, you’re too late. The last real airdrop happened in 2021, and since then, the token has collapsed by nearly 99.9%. This isn’t a story about getting rich quick. It’s about what happens when a project’s hype outpaces its fundamentals.

What Was the BLP Airdrop?

In July 2021, BullPerks ran a small but structured airdrop to build its early community. They gave away 3,000 USDT total - not in BLP tokens, but in stablecoins - to 100 random participants. 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 @bullperks on Twitter and retweet their post, tagging at least three friends
• Like and follow their Facebook page
• Subscribe to their Medium publication
• Fill out a Google form with your wallet address and personal info

It wasn’t hard, but it was tedious. And only 100 people won. The campaign was live for weeks, and winners were picked randomly on July 28, 2021. No skill, no staking, no mining - just luck and effort.

Why the BLP Token Crashed

The airdrop wasn’t the problem. The token was.

BLP hit its peak on December 2, 2021, at $0.7019. That’s when the crypto market was still riding the wave of DeFi hype. BullPerks had just launched BullStarter, their IDO platform, and claimed to have helped 65 projects raise $15 million. The story sounded good: decentralized venture capital, early access to hot new tokens, tiered membership levels.

But here’s the truth: the token had no real utility beyond speculation. You couldn’t use BLP to pay for anything. It didn’t reduce fees. It didn’t give voting rights. It was just a ticket to a party that never really happened.

By August 26, 2025, BLP hit an all-time low of $0.0001957. That’s a 99.97% drop from its peak. Even now, in January 2026, it’s trading around $0.0009963 - up 409% from its bottom, but still 99.86% below its peak.

The numbers tell the rest of the story:

• Total supply: 295.93 million BLP
• Circulating supply: 21.41 million
• Market cap: $21,330
• 24-hour trading volume: $1.03
• Number of holders: 25,940

You read that right - $1.03 traded in a full day. That’s less than the cost of a coffee in Wellington. With volume that low, even a small buy order can spike the price by 20%. That’s not a market. That’s a casino.

The 1:1 Token Swap That Changed Everything

Here’s what most people miss: the original BLP token doesn’t exist anymore.

In late 2023, BullPerks did a 1:1 token swap. They replaced the old contract with a new one. On paper, your old BLP became new BLP. But here’s the catch: the old contract had no liquidity. The new one was launched on a different blockchain address. Many wallets didn’t migrate. Many exchanges didn’t update. Many people lost their tokens because they didn’t follow the swap instructions.

CoinMarketCap now lists the new contract as the official one. But the trading data is a mess. Some platforms show BLP at $0.022. Others show $0.00099. That’s not a pricing error - it’s because some exchanges still list the old, dead token. You could be buying ghost tokens.

Is There a New BLP Airdrop in 2026?

No. There isn’t. And there won’t be.

BullPerks hasn’t announced any new airdrop. Not on Twitter. Not on Telegram. Not on Medium. No official blog post. No email newsletter. No Discord announcement.

If you see a website or YouTube video saying “Claim your free BLP airdrop 2026,” it’s a scam. They’ll ask for your wallet seed phrase. Or they’ll send you a fake contract to approve. Once you sign, they drain your wallet. That’s how these things work.

The BullPerks team is still running BullStarter IDOs. They’ve launched new projects. They still have 35,000 community members. But the BLP token is dead. It’s a zombie asset - moving because of bots and hope, not demand.

What Should You Do Now?

If you still hold BLP:

• Don’t panic sell. The price is so low, selling now just locks in a total loss.
• Don’t buy more. There’s no reason to add to a position with $1 daily volume.
• Check your wallet. Make sure you’re holding the new contract address (not the old one).
• Consider writing it off. If you’re not planning to use BullStarter, BLP has zero value to you.

If you’re thinking of joining BullPerks:

• You can still use BullStarter to get into new IDOs.
• You don’t need BLP to participate in most launches.
• Focus on the projects they launch, not the token.
• Never trust price predictions. CoinCodex says BLP could hit $0.11 by February 2025. It didn’t. It’s still at $0.001.

Why This Matters Beyond BLP

The BLP story isn’t just about one failed token. It’s a warning.

Too many projects use airdrops as a marketing tool - not a utility tool. They give away free tokens to create fake demand. They promise moonshots. They hire influencers. They flood social media. Then, when the hype fades, the token dies.

Real value comes from products people use. BullPerks still runs a functional launchpad. That’s worth something. But BLP? It’s a ghost.

Don’t chase airdrops. Chase utility. Don’t buy tokens because they’re cheap. Buy them because they solve a problem.

The BLP airdrop was a tiny moment in crypto history. Now it’s a lesson.

What’s Next for BullPerks?

BullPerks hasn’t disappeared. Their BullStarter platform is still active. They’ve launched over 65 projects. Some of them returned 100x. Their staking system still works. Their bridge and swap tools are functional.

But their token? It’s a relic.

If BullPerks wants to survive, they’ll need to do one of two things:

• Give BLP real utility - like fee discounts, governance, or access to exclusive IDO slots
• Retire BLP entirely and launch a new token with clear use cases

Neither has happened. And with trading volume at $1 a day, there’s no pressure to fix it.

Final Thought: Don’t Mistake Hype for Value

Crypto is full of stories like this. A project starts with big promises. Airdrops attract crowds. Prices rise. Then reality hits. The product doesn’t scale. The token has no use. The community leaves. The price crashes.

BLP is a textbook example. The airdrop worked - for 100 people in 2021. But the token didn’t. And that’s the real story.

If you’re looking for opportunities in Web3, don’t look at dead tokens. Look at active platforms. Look at teams that ship. Look at products people actually use.

The BLP airdrop is over. The lesson? Stay sharp.