Elemon (ELMON) x CoinMarketCap Airdrop: What Happened and Where It Stands Today

Elemon (ELMON) x CoinMarketCap Airdrop: What Happened and Where It Stands Today

Elemon (ELMON) x CoinMarketCap Airdrop: What Happened and Where It Stands Today 7 Nov

ELMON Token Value Calculator

Calculate the current value of your ELMON tokens based on the token's current price of $0.00071 (as of late 2025) compared to its all-time high of $3.32. The ELMON token is no longer actively traded and has effectively become worthless.

Current value (at $0.00071): $0.00

All-time high value (at $3.32): $0.00

Total loss: 0.00%

Note: The ELMON token is no longer actively traded with zero 24-hour trading volume. This calculator shows what your tokens would be worth based on historical data, but they cannot be sold on active markets.

The Elemon x CoinMarketCap airdrop was real - but it’s been over three years since it ended. If you’re reading this now, wondering if you can still claim free ELMON tokens, the answer is simple: you can’t. The campaign ran from September 24 to September 28, 2021. That’s it. No extensions. No second chances. And today, the token’s value and activity tell a story far different from the hype back then.

What Was the Elemon Airdrop?

Elemon was a blockchain-based idle RPG game built around NFT monsters called Elematris. The idea was simple: collect, breed, and battle digital creatures that lived on the blockchain. Players didn’t need to grind hours every day. Just log in occasionally, and your monsters would earn passive rewards. That’s what made it stand out in 2021 - when most crypto games demanded daily login streaks and constant farming, Elemon promised something easier.

To kick things off, they partnered with CoinMarketCap, one of the most trusted crypto data sites. The airdrop gave users a chance to get free ELMON tokens just by signing up and completing basic tasks: connecting a wallet, following Elemon on Twitter, joining their Discord, and verifying their email. No deposit. No purchase. Just a few minutes of your time.

Thousands signed up. CoinMarketCap’s audience was huge, and the timing was right. Crypto was booming. NFTs were everywhere. People were chasing free tokens like they were concert tickets. The campaign distributed around 644.9 million ELMON tokens to 37,930 wallet addresses. That’s a lot of people getting something for nothing.

What Happened to the ELMON Token?

Back in 2021, ELMON hit an all-time high of $3.32. That’s not a typo. Three dollars for a token that now trades under a fraction of a penny.

Today, ELMON sits at roughly $0.00071 on CoinMarketCap. That’s a drop of over 99.98%. Binance shows an even lower price - $0.000677 - and both platforms report zero 24-hour trading volume. No one’s buying. No one’s selling. The market is frozen.

Why? Several reasons. First, the game never took off. The graphics were decent, but the gameplay didn’t hook players long-term. Without active users, there’s no demand for the token. Second, the team stopped updating. No new monsters. No new features. No marketing. Just silence. Third, the token supply exploded. Only 32% of the 2 billion total supply was circulating at launch. Now, nearly all of it is out there. When supply surges and demand vanishes, price crashes.

The token’s market cap is now under $500,000. For comparison, even small, obscure crypto projects often trade at over $10 million. ELMON is barely on the radar.

Is the Game Still Running?

That’s the big question. The Elemon website still loads. The app still works. You can still log in with your wallet and see your NFT monsters. But there’s no new content. No events. No rewards. No way to trade your monsters on a real marketplace. The game exists - but it’s a ghost town.

Some players still hold onto their NFTs, hoping for a revival. Others sold theirs for pennies during the 2022 crypto crash. A few even gave them away for free on OpenSea. The NFTs are still there - but they’re worth almost nothing now. One rare Elemon monster that sold for 0.5 ETH in 2021? You’d be lucky to get 0.001 ETH for it today.

Abandoned Elemon NFTs in a silent, overgrown digital game world under moonlight.

Why Did the Airdrop Fail to Sustain Value?

This isn’t just about Elemon. It’s about a pattern. In 2020-2021, dozens of GameFi projects ran airdrops to build user bases fast. Most failed. Why?

  • They focused on distribution, not retention.
  • They promised passive income but didn’t build real gameplay.
  • They didn’t have a long-term token economy - just a dump-and-run model.
  • They relied on hype, not utility.
Elemon had a solid concept. Idle RPGs with NFTs could’ve worked. But without ongoing updates, community engagement, or a way to earn real value from playing, the token became a dead asset.

Can You Still Get ELMON Tokens?

No. The official airdrop is long closed. No official claims portal exists anymore. Any website or social media post claiming to offer “late airdrop claims” or “ELMON recovery” is a scam.

If you participated in the original campaign, your tokens are still in your wallet - assuming you saved your private key or seed phrase. If you lost access, they’re gone forever. No one can recover them. Not Elemon. Not CoinMarketCap. Not even a blockchain expert.

If you didn’t participate, there’s no legal or official way to get ELMON now. You can only buy it on exchanges that still list it - but with zero volume, you won’t find buyers. Selling is nearly impossible.

A ghostly ELMON token floats above a crypto graveyard as a child watches sadly.

What Does This Mean for Future Airdrops?

The Elemon case is a textbook example of how not to build a sustainable crypto project. Airdrops aren’t magic. They’re a tool - not a strategy. Using them to grab attention is fine. Using them as your entire business plan? That’s how you end up with a $0 trading volume token and a dead game.

Today’s best crypto projects don’t just give away tokens. They build ecosystems. They fix bugs. They listen to users. They release updates. They create real reasons to hold the token beyond speculation.

If you’re thinking about joining an airdrop now, ask yourself: Is this project still active? Do they have a working product? Are they updating their roadmap? Or are they just collecting emails and disappearing?

Final Thoughts

The Elemon x CoinMarketCap airdrop was a moment in crypto history. It gave thousands of people free tokens. It looked like a win. But without real product development, it became a cautionary tale.

If you still hold ELMON tokens, you’re holding a relic. Not a currency. Not an investment. Just a memory of a time when crypto felt like a gold rush - and everyone thought they’d get rich just by signing up.

The lesson? Free tokens aren’t free money. They’re a test. And Elemon failed the test.

Was the Elemon airdrop real?

Yes, the Elemon x CoinMarketCap airdrop was real and ran from September 24 to September 28, 2021. Thousands of users received free ELMON tokens by completing simple tasks like connecting a wallet and following their social media. The campaign was legitimate and promoted through CoinMarketCap’s official channels.

Can I still claim ELMON tokens from the airdrop?

No. The airdrop ended in 2021 and no claims portal is active. Any website or social media account offering to claim ELMON tokens now is a scam. If you didn’t claim your tokens during the campaign window, you cannot get them now.

What is the current price of ELMON?

As of late 2025, ELMON trades at approximately $0.00071 on CoinMarketCap and $0.000677 on Binance. This is down over 99% from its all-time high of $3.32 in 2021. The token has had zero 24-hour trading volume for months, meaning there’s almost no buying or selling activity.

Is the Elemon game still playable?

Yes, the Elemon app and website still load, and you can log in with your wallet to view your NFT monsters. But there have been no updates, new features, or rewards since 2022. The game is technically alive but effectively inactive - no new content, no community events, and no way to earn or trade meaningfully.

Why did ELMON’s price crash so hard?

ELMON crashed because the game failed to retain users. The token supply was huge (2 billion total), and nearly all of it was distributed during the airdrop. Without active gameplay, trading, or demand, the price collapsed. Zero trading volume means no market interest. The project also stopped updating, leading to loss of community trust.

Should I buy ELMON tokens now?

No. With zero trading volume, no development activity, and no clear path to recovery, ELMON is not a viable investment. The token is essentially illiquid - you won’t be able to sell it even if you wanted to. Buying it now is gambling on a dead project.

Can I trade my Elemon NFTs?

Technically, yes - you can list them on NFT marketplaces like OpenSea. But demand is nearly nonexistent. Most listings are unsold, and the few sales that occur are for fractions of a cent in ETH. The NFTs have no real utility or market value anymore.

What happened to the Elemon team?

After the airdrop and early hype, the Elemon team disappeared from public updates. Their social media accounts stopped posting. No new whitepapers, no roadmap revisions, no community AMAs. They’ve been silent since late 2022. There’s no official statement about their status, but their inactivity suggests the project has been abandoned.



Comments (19)

  • Louise Watson
    Louise Watson

    Free tokens aren't free money. They're a test. And Elemon failed.

  • Benjamin Jackson
    Benjamin Jackson

    I still have my Elemon NFTs tucked away in my wallet. Not because I think they'll bounce back, but because I remember how excited I was back then. Kinda like keeping a concert ticket from your first show-even if the band broke up.

    It’s not about the value. It’s about the memory.

    And hey, at least we didn’t pay for it. That’s something, right?

  • Ryan McCarthy
    Ryan McCarthy

    People keep chasing the next airdrop like it’s lottery tickets. But the real question isn’t ‘how do I get free tokens?’

    It’s ‘who’s building something that’ll still exist in two years?’

    Most of these projects treat users like data points, not community. And that’s why they die.

    Elemon didn’t fail because of the tech. It failed because nobody cared enough to keep it alive.

  • Liam Workman
    Liam Workman

    It’s wild how many projects in 2021 were basically ‘build a game, drop tokens, then vanish.’

    They didn’t need to be perfect. Just… present.

    Check in once a month. Fix a bug. Post a meme. Say thanks.

    That’s all it takes to keep a community alive. But most didn’t even do that.

    Elemon had potential. It just forgot to be human.

    And now? We’re just ghosts in a digital graveyard.

    😢

  • Abelard Rocker
    Abelard Rocker

    Let’s be real-this whole ‘GameFi’ thing was a Ponzi dressed up as a RPG.

    They didn’t care about gameplay. They cared about wallet addresses. Every single one of these projects was engineered to pump, dump, and disappear.

    Elemon? Just the most polite one. At least they didn’t rug pull outright. They just… ghosted. Like a Tinder date who vanished after three texts.

    And now we’re all sitting here, holding NFTs worth less than a cup of coffee, pretending it wasn’t a scam.

    Wake up. This wasn’t innovation. It was exploitation with better graphics.

  • Hope Aubrey
    Hope Aubrey

    Y’all keep acting like this is some tragic story. Nah. This is capitalism. Free tokens? That’s bait. The real product was your attention, your data, your FOMO.

    They didn’t fail-they succeeded. They got 37k wallets, pumped hype, cashed out, and moved on.

    Don’t cry because you got played. Cry because you thought you were smart enough not to be.

    And if you still hold ELMON? Congrats. You’re the last person at the party holding the balloon that just popped.

  • andrew seeby
    andrew seeby

    man i still have my elemon nfts lol

    got em during the airdrop, forgot about them until last week when i was cleaning out my wallet

    checked opensea-no bids, no sales, just my little ghost monsters staring back at me

    they’re cute though. kinda like digital pets that never grow up

    maybe one day someone will revive it? maybe not

    but hey, i didn’t lose money. just time. and time’s free right? 😅

  • Pranjali Dattatraya Upadhye
    Pranjali Dattatraya Upadhye

    It’s funny how we all got swept up in the hype-me included.

    I thought, ‘Oh, it’s CoinMarketCap, it’s legit!’

    But the truth? No one was watching the long game.

    We were all just grabbing free stuff like it was Black Friday, without asking: ‘What’s the point?’

    Elemon’s story isn’t about a failed game.

    It’s about how easily we trade curiosity for conviction.

    And now? We’re just holding digital souvenirs from a party that ended before we even got the snacks.

    Still… I’m glad I joined. Even if it was just for the fun.

  • Leo Lanham
    Leo Lanham

    Anyone who still believes in this token is delusional.

    You don’t ‘hope’ for a revival. You don’t ‘wait.’ You cut your losses and move on.

    This isn’t a ‘cautionary tale.’ It’s a funeral.

    And you’re the one still standing by the grave, leaving flowers.

    Grow up.

  • Emily Unter King
    Emily Unter King

    ELMON’s collapse is a textbook case study in tokenomics misalignment.

    Excessive initial distribution (32% circulating at launch → near 100% now), zero burn mechanisms, no staking or utility layer, and zero governance participation.

    Combined with a lack of product iteration and community engagement, this was a predictable death spiral.

    Not a failure of blockchain-it’s a failure of economic design.

    Next time, check the whitepaper’s token distribution schedule before claiming.

  • John Doe
    John Doe

    CoinMarketCap was complicit.

    They’re not a neutral data site-they’re a marketing arm for every project that pays for the spotlight.

    They pushed this airdrop like it was the next Bitcoin.

    And now? They’re silent.

    Same with Binance.

    Same with every influencer who posted a ‘FREE TOKENS’ graphic.

    They got paid.

    We got ghosted.

    This wasn’t a scam. It was a coordinated betrayal.

    And they’re still doing it. Right now.

    Don’t believe me? Check the next ‘big airdrop’ on CMC. Same script. Same victims.

  • Ryan Inouye
    Ryan Inouye

    You people act like this is a tragedy. It’s not. It’s justice.

    Everyone who jumped on this airdrop was a speculator, not a user.

    You didn’t care about the game. You cared about flipping tokens.

    And now you’re mad because the market punished greed?

    Grow a spine.

    If you wanted to play a game, you should’ve played the game.

    Instead, you played the market.

    And you lost.

    That’s not Elemon’s fault.

    That’s yours.

  • Rob Ashton
    Rob Ashton

    While the outcome is unfortunate, the Elemon case provides a valuable framework for evaluating future blockchain initiatives.

    It underscores the necessity of sustainable tokenomics, transparent governance, and continuous product development.

    Community trust is not a byproduct-it is the foundation.

    Projects that prioritize these principles, even in modest ways, are far more likely to endure beyond the initial hype cycle.

    Let this serve not as a source of bitterness, but as a guidepost for more responsible participation in emerging ecosystems.

  • Cydney Proctor
    Cydney Proctor

    Oh, so now we’re all supposed to feel nostalgic about a failed NFT game?

    How quaint.

    It’s not ‘bittersweet’-it’s embarrassing.

    You didn’t lose money. You lost credibility.

    And now you’re writing poetry about your ghost monsters?

    At least admit it was a dumb idea.

    Not every crypto trend deserves a eulogy.

    Some deserve a dumpster fire.

  • Cierra Ivery
    Cierra Ivery

    Wait-so you’re saying people actually believed this was a real game? Not just a token pump?

    I thought everyone knew by now that ‘idle RPG’ was code for ‘we’ll take your data, give you tokens, then vanish.’

    And CoinMarketCap? Please.

    They list anything with a whitepaper and a Discord.

    It’s not a data site-it’s a marketplace for hype.

    And we’re all just the product.

    Again.

    And again.

    And again.

  • Veeramani maran
    Veeramani maran

    bro i got elmon too lol

    still have it in metamask

    checked the price today-0.000677 usd

    my nfts are still there, i can log in

    but no one plays, no events, no updates

    but hey, at least i didnt lose money

    its like a digital pet that never dies

    but also never grows

    still cute tho 😅

  • Kevin Mann
    Kevin Mann

    Let me tell you something about Elemon.

    I was there. I claimed my tokens. I played for two weeks.

    The game was okay. Not great. But it had potential.

    Then the devs vanished.

    No update. No tweet. No Discord reply.

    Just silence.

    And now? I see people saying ‘it’s a lesson.’

    No. It’s not a lesson.

    It’s a crime.

    They took our time. Our attention. Our trust.

    And they ran.

    And now they’re probably laughing while buying yachts with the money they raised.

    And we’re here, holding NFTs worth less than a McDonald’s fry.

    It’s not a tragedy.

    It’s a betrayal.

    And it’s happening again.

    Right now.

    Watch.

    It’s already happening.

  • Kathy Ruff
    Kathy Ruff

    Don’t write off Elemon as a total loss.

    It’s still playable. The NFTs still exist. The community still remembers.

    Some of the best blockchain projects started as quiet, forgotten experiments.

    If someone with real vision and resources picked it up tomorrow-revived the code, added real gameplay, built a token economy that actually rewards play-it could come back.

    It’s not dead. Just sleeping.

    And maybe, just maybe, the next chapter hasn’t been written yet.

  • Finn McGinty
    Finn McGinty

    It is not merely a case of failed tokenomics or lack of utility-it is emblematic of a systemic rot within the cryptocurrency ecosystem at large.

    The institutionalization of airdrops as marketing instruments, rather than genuine user onboarding mechanisms, has rendered the entire paradigm hollow.

    When CoinMarketCap, a purportedly neutral arbiter of market data, becomes a conduit for speculative campaigns, the integrity of the entire information architecture is compromised.

    The Elemon project, while flawed in execution, was not uniquely culpable-it was merely the most visible manifestation of a widespread pathology.

    One must ask: if a project can amass tens of thousands of users with zero economic incentive beyond speculation, and then disappear without consequence, what does that say about the regulatory, ethical, and structural foundations of our digital economy?

    It says we are not building systems.

    We are building illusions.

    And illusions, by definition, collapse.

    Elemon did not fail.

    We did.

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