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CPR CIPHER 2021 Airdrop Details: What Happened and Why It Matters

CPR CIPHER 2021 Airdrop Details: What Happened and Why It Matters Jun, 19 2025

CPR Token Value Calculator

CPR Token Value Calculator

Calculate the current value of your CPR tokens based on the 2021 airdrop data. Note: CPR tokens are essentially worthless now as the project is inactive.

Historical Context: The 2021 airdrop distributed less than 5% of the 1.08 billion CPR supply. At its all-time high of $0.004065 in 2024, 1,000 CPR would have been worth $4.065. Today, the same amount is worth only $0.058.

Back in 2021, if you were active in crypto communities, you might’ve seen notifications about a CPR CIPHER airdrop on CoinMarketCap. It wasn’t a flashy launch with big influencers or viral tweets. It was quiet, technical, and buried under dozens of other token drops. But for those who claimed it, it was a real chance to get something - even if no one knew exactly what it was worth at the time.

What Was Cipher (CPR)?

Cipher (CPR) wasn’t just another altcoin. It started in 2018 as a utility token built on Ethereum, with a clear goal: to act like shares in a real business. The team behind it - spread across India, the UK, and New Zealand - wanted to build digital tools that businesses could use safely and easily. Think mobile apps that handled real-time data, secure user activity tracking, and scalable backend systems. They didn’t want to raise money through ICOs. Instead, they planned to give CPR tokens to people who actually used their services.

By 2021, the project had migrated from Ethereum to Polygon PoS. Why? Lower fees and faster transactions. The old Ethereum contract was outdated. The new one, at 0xaa404804ba583c025fa64c9a276a6127ceb355c6, became the official version. But here’s the catch: once the migration happened, the original version got labeled “Cipher [Old]” on CoinMarketCap and other trackers. That’s why you’ll still see references to it today - it’s not gone, it’s just outdated.

The 2021 Airdrop: How It Worked

The CPR airdrop in 2021 was run directly through CoinMarketCap. At the time, CMC was one of the few platforms that actively partnered with smaller projects to distribute tokens to users. You didn’t need to buy anything. You didn’t need to stake or lock up funds. You just had to have a CMC account and meet basic activity requirements - like tracking at least one crypto asset or completing a profile.

That’s it. No KYC. No complex forms. No waiting for a whitelist. The system was automated. If you were active on CMC, you got a chance. The exact number of tokens per person wasn’t published. Some users reported getting a few hundred CPR. Others got less than 10. The total supply of CPR was 1.08 billion, with about 186 million in circulation when the airdrop happened. That means the airdrop likely distributed less than 5% of the total supply.

It wasn’t designed to make people rich. It was designed to get people using the ecosystem. The team hoped that once users held CPR, they’d try the apps, join the community, and eventually become active participants. But here’s the problem: the apps never really launched at scale. The promised business tools? Mostly still on paper.

Diverse figures stand before a board marked 'CPR AIRDROP 2021', gazing at a flickering app icon in the distance.

Why the Airdrop Faded

Here’s the reality: the CPR airdrop didn’t fail because of bad tech. It failed because the project didn’t deliver on its core promise.

After the airdrop, trading volume stayed low. The team stopped posting updates. The website became outdated. The mobile apps they talked about? Never appeared on the App Store or Google Play. By 2022, CPR’s price had dropped from $0.0005 to near zero. Even when it briefly spiked to $0.004 in early 2024, the surge was short-lived. Today, it trades between $0.000047 and $0.000068 - barely a penny.

Why did this happen? Because the team focused on token distribution instead of product development. They built a token, not a platform. Airdrops are great for awareness - but if there’s nothing to use the token for, people just sell it and move on.

Compare this to projects like Uniswap or Chainlink. They launched tokens too - but they had working protocols, real users, and clear utility. Cipher didn’t. The 2021 airdrop was a marketing move that outlived its purpose.

Is There Any Value Left in CPR [Old]?

Technically, yes - but only if you’re holding it for historical reasons or speculative hope.

The contract on Polygon is still active. You can still send and receive CPR tokens. Some small exchanges still list it. But there’s no active development team, no roadmap updates, and no new features being added. The project is effectively dormant.

If you claimed CPR in 2021 and still have it, you can check your balance on Polygon scanners like Polygonscan using your wallet address. But don’t expect a revival. The market has moved on. Most traders treat CPR [Old] as a relic - a footnote in crypto history.

A figure stares at a computer screen showing CPR tokens, while ghostly app silhouettes fade into dust around them.

What You Can Learn From This

The CPR airdrop isn’t a success story. But it’s a useful case study.

  • Airdrops can build a user base - but only if the product follows through.
  • Token distribution without utility is just speculation dressed up as community building.
  • Projects that rely on third-party platforms (like CoinMarketCap) for growth often fade when those platforms move on.
  • Always check if a project has working software, not just a whitepaper and a token contract.

Today, most airdrops are tied to DeFi protocols, NFT communities, or Layer 2 networks with real usage. The days of claiming tokens from CMC just because you had an account are over. The bar is higher now.

Final Thoughts

The CPR CIPHER 2021 airdrop happened. People got tokens. Some held. Most sold. The project didn’t survive. The “Cipher [Old]” label on CoinMarketCap isn’t just a technical note - it’s a warning. It tells you that this isn’t a live project. It’s a memory.

If you’re looking for airdrops today, focus on projects with active development, clear roadmaps, and real products. Don’t chase ghosts. The crypto space moves fast. The ones that last aren’t the ones with the biggest drops - they’re the ones that actually build something people need.

Was the CPR CIPHER 2021 airdrop real?

Yes, the CPR CIPHER 2021 airdrop was real. It was conducted through CoinMarketCap as part of Cipher’s strategy to distribute tokens to active users without an ICO. Users who had a CMC account and met basic activity requirements received CPR tokens automatically. However, the project’s lack of follow-through on its product roadmap led to low long-term adoption.

How many CPR tokens were distributed in the airdrop?

The exact number of tokens distributed per user was never officially published. Reports from participants suggest amounts ranged from under 10 CPR to several hundred tokens. The total airdrop likely accounted for less than 5% of the 1.08 billion CPR supply. Distribution was automated and based on CMC account activity, not on a fixed allocation per person.

Can I still claim CPR tokens from the 2021 airdrop?

No, the airdrop campaign ended in 2021. CoinMarketCap no longer offers it, and the official distribution window is closed. If you didn’t claim your tokens during that period, you cannot claim them now. Any website or service claiming to offer late claims is likely a scam.

Is Cipher [Old] the same as the current Cipher project?

No. Cipher [Old] refers to the original project that launched in 2018 and conducted the 2021 airdrop. The project migrated its token contract to Polygon in 2021, and the original Ethereum version was deprecated. There is no active “new” Cipher project replacing it - the current token on Polygon is still called CPR, but the development team has been inactive since 2022. The “Old” label is used by CoinMarketCap to distinguish it from any potential future projects.

What’s the current price of CPR (Cipher [Old])?

As of late 2025, CPR trades between $0.00004791 and $0.00006803 on low-volume exchanges. Its all-time high was $0.004065 in February 2024, but that spike was temporary and driven by speculative trading, not new development. The token has no significant trading volume or community support, and its market cap is negligible.

Should I buy CPR tokens now?

No. There is no active development team, no roadmap updates, and no working product behind CPR [Old]. Any purchase today is purely speculative and carries high risk with no realistic upside. The project is effectively abandoned. If you’re looking to invest in crypto, focus on projects with transparent teams, active development, and real-world usage - not relics from 2021.

6 Comments

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    Eli PINEDA

    November 2, 2025 AT 02:24

    wait so u just got like 50 cpr and now its worth 0.00005??? lol i did the same thing and sold mine for 0.0002 bc i thought it was gonna be the next doge 😅

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    Elizabeth Melendez

    November 2, 2025 AT 05:22

    honestly i still have mine stashed away like a weird little crypto relic. not because i think it'll bounce, but because i remember how excited i was when i got it. it was one of those quiet moments in crypto when you felt like you were part of something real, even if it never took off. i miss that feeling. the hype now is just noise. back then, you could actually find gems buried under the trash. now it's all influencers and memes. i'm not mad, just nostalgic. 😔

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    Phil Higgins

    November 2, 2025 AT 20:03

    There is a deeper lesson here than token value. The CPR airdrop was not a failure of technology-it was a failure of intention. A community built on distribution without purpose is not a community. It is an artifact. The token was a symbol, but the symbol had no meaning beyond speculation. When you remove utility, you remove dignity. And when you remove dignity, you remove the very thing that makes decentralized systems worth preserving. This is not crypto’s problem-it is human nature’s problem.

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    Genevieve Rachal

    November 4, 2025 AT 09:36

    Wow. Just wow. Another crypto ghost story. People still talk about this like it's some cautionary tale? Bro, it was a $0.0005 token with no team, no product, and zero transparency. The fact that anyone held it past 2022 is the real tragedy. If you didn't sell at $0.0003, you deserve to lose it. This isn't a lesson-it's a warning label you ignored. And now you're turning it into poetry? Please.

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    Debby Ananda

    November 5, 2025 AT 13:56

    lol i still have 2000 CPR in my wallet 😂 i call it my 'crypto graveyard token' đŸȘŠđŸ’€ it's like a digital tombstone for all my bad decisions. but hey, at least i didn't buy it. i just claimed it. so technically, i'm still ahead? đŸ€”

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    Vicki Fletcher

    November 5, 2025 AT 20:34

    Wait-so you're telling me that CoinMarketCap, of all places, was actually doing something useful back then? I remember thinking it was just a price tracker
 but now I realize it was a quiet gateway for real, non-greedy projects. And then the whole space went full casino. I miss when you could just
 use a platform and get rewarded for it. No staking. No locking. No 100-page whitepaper. Just
 activity. And now? You need a PhD in DeFi just to claim a free token. It's sad.

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