Elemon (ELMON) x CoinMarketCap Airdrop: Full Details and Current Token Status
Aug, 16 2025
ELMON Token Value Calculator
Estimated Current Value
Key Takeaways
- The Elemon x CoinMarketCap airdrop ran for only five days (Sept24â282021) and distributed ELMON tokens to over 37000 wallets.
- ELMON currently trades around $0.0007USD with a market cap under $450K and virtually no 24âhour volume.
- Only about 32% of the total 2B token supply is in circulation, meaning most tokens are still locked or unissued.
- Liquidity is extremely thin; most holders cannot easily sell on major exchanges.
- Elemon positions itself as an idleâRPG GameFi platform, but the tokenâs market performance suggests limited ongoing demand.
When Elemon a blockchainâbased monsterâcollecting game that mixes NFT assets with idleâRPG mechanics partnered with CoinMarketCap in September2021, the goal was simple: give early adopters a taste of the upcoming ecosystem by dropping free ELMON the native utility token of the Elemon platform. The campaign ran from September24th to September28th, offering participants a narrow fiveâday window to claim their allocation.
Why does this matter now, in 2025? The airdrop serves as a historical reference point for how GameFi projects tried to build communities in the early boom. It also tells anyone who still holds the original tokens what the current market reality looks like.
How the Airdrop Worked
Elemonâs promotional outline was minimal but effective. Participants needed to:
- Create an account on the Elemon website or verify an existing wallet address.
- Complete a short questionnaire that asked about gaming preferences and crypto experience.
- Follow Elemon and CoinMarketCap on Twitter, then share a preâwritten tweet about the partnership.
- Submit the form before the September28 deadline.
After the cutoff, the Elemon team calculated each userâs share based on the âengagement scoreâ (a blend of task completion and social media activity). The exact token amount per user was never publicly disclosed, but the total distribution covered roughly 0.3% of the total supply-enough to seed 37000 wallets.
Current Token Metrics (October2025)
| Metric | Value |
|---|---|
| Current price (USD) | $0.00071 (CoinMarketCap) / $0.00068 (Binance) |
| 24âhour volume | $0 (both sources) |
| Market cap | $449,840 (CoinMarketCap) / $434,830 (Binance) |
| Circulating supply | 644.9M ELMON (â32% of total) |
| Total supply | 2B ELMON |
| Allâtime high | $3.3225 (2021â04) |
| Number of holders | 37,930 (CoinMarketCap) |
| Rank (CMC) | #2,571 |
These numbers paint a clear picture: the token sits at a fraction of its peak, trading activity is essentially nil, and the community size remains modest. The Elemon airdrop participants therefore hold a token that is technically usable within the game but faces severe liquidity constraints on public markets.
What the Numbers Mean for Holders
If you still have the airdropped ELMON in a compatible wallet, you can use it inside the Elemon platform to purchase or upgrade digital monsters. Outside the game, however, moving the token is tricky. Major exchanges such as Binance list the pair but report zero daily volume, indicating that most orders sit unfilled. Users typically resort to peerâtoâpeer swaps on decentralized exchanges (DEXes) that support the BEPâ20 or ERCâ20 version of ELMON, but even those markets suffer from wide spreads.
From a financial perspective, the tokenâs current price represents a >99.9% decline from its allâtime high. Assuming you received the average airdrop amount (estimated at 5KELMON), the original market value would have been roughly $16, which is now under $4. The opportunity cost is high, but the token still offers inâgame utility that could be valuable if Elemon expands its user base.
Elemonâs GameFi Positioning
Elemon markets itself as an âidle RPGâ that lets players earn while theyâre not actively playing. The key selling points are:
- True ownership of monsters via NFTs nonâfungible tokens that represent unique inâgame assets.
- Lowâtime commitment: players can set up autoâbattles and collect rewards later.
- Financial incentives: staking ELMON can unlock higher reward multipliers.
In theory, this model competes with more demanding blockchain games like Axie Infinity. In practice, the lack of active trading and modest community size suggest that Elemon has struggled to achieve the network effects needed for a sustainable GameFi economy.
Risks and Red Flags
Anyone considering buying more ELMON today should be aware of several warning signs:
- Liquidity drought: Zero 24âhour volume means you may never find a buyer at your desired price.
- Market relevance: Ranking in the 2,500âplus range places the token far behind leading GameFi projects.
- Development updates: Public roadmaps and recent code commits are sparse, indicating possible developer inactivity.
- Tokenomics pressure: With only 32% of the supply circulating, a future large release could further depress price.
These factors combine to make ELMON a highârisk speculative asset rather than a core investment.
How to Access or Trade Your Airdropped Tokens
Below is a stepâbyâstep guide for anyone who still holds the original allocation:
- Open a wallet that supports the tokenâs blockchain (Metamask for ERCâ20 or Trust Wallet for BEPâ20).
- Add the ELMON contract address manually (found on the Elemon official site or blockchain explorer).
- Import the token; you should see the balance appear instantly.
- If you want to use it inside the game, create an Elemon account and link your wallet.
- Navigate to the âWalletâ section in the Elemon dashboard.
- Deposit your ELMON to unlock inâgame purchases.
- To attempt a market trade, go to a DEX that lists ELMON (e.g., PancakeSwap or Uniswap). Connect your wallet, set a realistic slippage tolerance (often >10% due to low depth), and place a limit order.
- Expect long wait times or partial fills.
Because of the liquidity issue, many holders simply keep the token onâchain for potential future game updates. If Elemon releases new content that requires ELMON, demand could spike.
Looking Ahead: What Could Revive ELMON?
For the token to regain relevance, a few scenarios would need to materialize:
- Major game update: Introducing new monster lines, PvP arenas, or crossâchain compatibility could draw fresh players.
- Partnerships: Teaming up with larger GameFi ecosystems or NFT marketplaces would increase exposure.
- Staking incentives: Offering attractive APY rates for locking ELMON could lock supply and create a small trading niche.
- Listing on additional exchanges: A reputable Centralized Exchange listing would improve liquidity and price discovery.
Until one of these milestones occurs, the token is likely to stay a niche asset primarily useful inside the Elemon platform.
Frequently Asked Questions
When did the Elemon x CoinMarketCap airdrop happen?
The airdrop ran from September24 to September28,2021, giving participants a fiveâday window to claim free ELMON tokens.
How many ELMON tokens were distributed through the airdrop?
Exact numbers were never disclosed, but the total allocation covered roughly 0.3% of the 2billion total supply, reaching about 37,000 wallets.
Can I still trade the airdropped ELMON on major exchanges?
Both Binance and CoinMarketCap list the token, but 24âhour trading volume is $0, meaning there are virtually no buyers or sellers. Youâll need to use a decentralized exchange and accept high slippage.
What is the current price and market cap of ELMON?
As of October2025, the price hovers around $0.0007USD, with a market cap just under $450K.
Is the Elemon game still active?
The gameâs website remains online and still lets players use ELMON for inâgame purchases, but development updates have become sporadic.
Ben Parker
August 16, 2025 AT 16:32Wow, ELMON is basically a dead coin đ
Daron Stenvold
August 22, 2025 AT 11:25It truly pains me to see a project with such potential reduced to a nearâghost market, yet we must remember that every downturn is a prelude to resurgence; if you weather the storm, the horizon may yet reveal renewed vigor.
Leo McCloskey
August 28, 2025 AT 06:19Indeed, the tokenomics, notwithstanding its ostensible decentralization, exhibit a classic liquidity vacuum, an archetype of market inefficiency that even seasoned analysts would flag as a systemic risk; consequently, the underlying asset fails to satisfy the requisite volume thresholds for sustainable arbitrage.
Jacob Moore
September 3, 2025 AT 01:12Alright, let me break this down step by step so you can actually do something with those dusty ELMON tokens.
First, grab a wallet that supports BEPâ20 or ERCâ20 â Metamask and Trust Wallet are solid choices.
Second, add the ELMON contract address manually; you can find it on the official site or a block explorer.
Once the token appears, youâll see your balance â congratulations, youâre officially holding something.
If you want to use it in-game, head over to the Elemon dashboard, link your wallet, and deposit the ELMON in the âWalletâ tab.
That unlocks inâgame purchases like monster upgrades and special items.
If youâre looking to cash out, youâll have to accept the harsh reality: zero 24âhour volume on major exchanges.
Your best bet is a DEX such as PancakeSwap or Uniswap; connect your wallet there.
Set a slippage tolerance high â often >10% â because the order book is practically empty.
Place a limit order; be prepared for partial fills or long waiting times.
Donât be surprised if you only get a fraction of your desired amount.
Alternatively, you can try peerâtoâpeer swaps on Telegram or Discord groups, but that carries its own trust risks.
Finally, consider holding the token for the long term; if Elemon releases a major update that requires ELMON, demand could spike.
In short, either use it in the game, gamble on a future update, or accept that itâs a nearâworthless collectible for now.
Carol Fisher
September 8, 2025 AT 20:05Patriots of the crypto world should steer clear of these foreignârun tokens that drain our resources â ELMON is a perfect example of a project that promises the moon but delivers dust, and we deserve better than this flimsy gimmick! đşđ¸
Melanie Birt
September 14, 2025 AT 14:59For anyone still holding ELMON, the most practical move is to lock it into the gameâs staking pool if you want any semblance of reward; otherwise, youâre just holding a token that wonât move on major exchanges.
Jade Hibbert
September 20, 2025 AT 09:52Oh great, another dead token. Guess Iâll just watch my 5k ELMON collect digital dust while everybody else pretends itâs a big deal.
Leynda Jeane Erwin
September 26, 2025 AT 04:45Esteemed community, I must convey, in both the most formal and the most casual of tones, that the current state of ELMON is, quite frankly, a bewildering juxtaposition of promise and neglect.
Brandon Salemi
October 1, 2025 AT 23:39Honestly, itâs wild how a token that peaked at $3 can now be worth less than a cup of coffee â talk about a dramatic fall!
Siddharth Murugesan
October 7, 2025 AT 18:32This whole airdrop is a scam to keep people hopeful while the devs sit on a mountain of unsold tokens, silently waiting to dump.
Hanna Regehr
October 13, 2025 AT 13:25For those navigating the maze of ELMON, remember that patience plus a bit of strategic staking could yield marginal gains, even if the market is flat.