Cratos (CRTS) Airdrop Details: How the 2024 Token Distribution Worked

Cratos (CRTS) Airdrop Calculator

Airdrop Overview

Cratos distributed 2.5 million CRTS tokens to 5,000 winners, with each winner receiving 500 CRTS. The token price at announcement was $0.00029888.

Airdrop Summary

Total Tokens Distributed:

Total Value of Airdrop (USD):

Average Value Per Winner (USD):

Estimated Market Cap (if all tokens were sold at current price):

When Cratos announced its Cratos airdrop in mid‑2024, the crypto community took notice. The event promised 500 CRTS tokens to each of 5,000 winners, flooding the market with 2.5million new coins. If you’re wondering what made this drop stand out, how the mechanics were set up, and whether the price boost was real, you’re in the right place. Below you’ll find a step‑by‑step breakdown, hard numbers, and a quick comparison to other notable airdrops from the same year.

Quick Takeaways

  • 500 CRTS tokens per winner, 5,000 winners total → 2.5million CRTS distributed.
  • Distribution deadline: 5July2024, 08:00UTC+9 (Asia‑focused timing).
  • Token price at announcement: $0.00029888 → each allocation worth ~ $0.15.
  • Market cap before the drop: $18.7million; daily volume: $29.6million.
  • Price jumped 37% from announcement to the day after, with a sustained 18.6% daily gain.

What Is the Cratos (CRTS) Token?

Cratos is a blockchain platform that aims to provide high‑throughput, low‑fee transactions for decentralized applications. The native cryptocurrency, CRTS, powers the network’s staking, governance, and fee‑payment mechanisms. At the time of the airdrop, the token’s circulating supply sat at roughly 62.8billion CRTS, giving it a low per‑token price that made mass distribution feasible.

How the Airdrop Was Structured

The Cratos team kept the mechanics straightforward:

  1. Identify 5,000 community members who demonstrated active participation (social media posts, Discord chatter, or on‑chain activity).
  2. Allocate a flat 500 CRTS to each selected address.
  3. Execute the distribution in a single on‑chain transaction on 5July2024 at 08:00UTC+9.

This approach differed from many 2024 airdrops that used multi‑phase claim windows or required users to complete complex tasks. Cratos wanted an immediate boost to token circulation and community awareness, so they opted for a single‑shot, “you‑are‑in‑or‑you‑are‑out” model.

Key Metrics at Drop Time

Market capitalization stood at $18.7million, calculated from the circulating supply and the $0.00029888 token price. The daily trading volume averaged $29.6million, indicating healthy liquidity for a mid‑tier token.

Price reaction was dramatic: the moment the airdrop was announced, the token climbed 18.64% in a single day, followed by a 17.70% surge the next day, and a cumulative 37.33% rise from the original announcement price. These numbers suggest the market rewarded the clear, generous distribution model.

Why the Timing Made Sense

Why the Timing Made Sense

July2024 was a relatively active month for crypto markets. Traders were looking for fresh catalysts, and airdrops were a proven way to generate buzz. By setting the deadline at 08:00UTC+9, Cratos targeted Asian exchanges and communities, which historically provide high on‑chain activity during their business hours. This timing helped ensure that the token’s price impact would be felt across major Asian markets first, before spilling over to North America and Europe.

Community Participation Requirements

Cratos kept eligibility simple: any community member who could demonstrate genuine engagement qualified. The project promoted the drop on Twitter, Telegram, and Discord using hashtags like #CRATOS2024 and #Airdrop. While the exact algorithm for selecting the 5,000 winners wasn’t publicly disclosed, the general rule was that active participants-those who posted, shared, or interacted with the project’s official channels-had higher odds.

How Cratos Compared to Other 2024 Airdrops

Comparison of Cratos with Three Notable 2024 Airdrops
Project Total Tokens Distributed Average Value per Allocation (USD) Winners Key Differentiator
Cratos (CRTS) 2.5million CRTS ~0.15 5,000 Flat 500‑token grant, immediate claim
Ethena 5million ETHENA ~0.80 10,000 Educational‑task based eligibility
PENGU 3million PENGU ~0.30 7,500 Multi‑phase claim windows (30days each)
Hyperliquid 1.2million HLIQ ~2.00 2,000 High‑value, low‑winner count, targeted to traders

The table shows that Cratos opted for breadth over depth: more winners, lower individual value, and a single‑step claim. Projects like Hyperliquid chased high‑value participants, while Ethena focused on education‑driven outreach. In the broader 2024 airdrop landscape, Cratos sits in the middle tier-big enough to generate market movement but modest enough to stay within a community‑first philosophy.

Post‑Airdrop Performance and Long‑Term Impact

After the distribution, CRTS continued to trade above the pre‑airdrop price for several weeks. The 37% jump gave early holders a noticeable paper profit, and the increased volume helped cement liquidity on major exchanges. However, the token’s price settled to a range between $0.00035 and $0.00045 within two months, indicating that the initial hype gradually normalized.

From a tokenomics perspective, adding 2.5million CRTS to an existing supply of 62.8billion represented a negligible inflationary pressure (<0.004%). This low dilution helped maintain confidence in the project’s long‑term roadmap, which includes upcoming DeFi modules and a staking rewards program slated for 2025.

Lessons for Future Airdrop Hunters

If you’re scouting for the next airdrop, Cratos offers a few takeaways:

  • Keep an eye on community channels. The project selected winners purely on engagement, so regular activity on Twitter, Discord, and Telegram pays off.
  • Flat‑rate drops can generate sizable short‑term price moves, especially for low‑price tokens where even a few hundred coins add up to a handful of dollars.
  • Timing matters. Aligning the claim window with high‑traffic time zones can amplify market impact.

While the Cratos airdrop is now history, the mechanics it used still shape how new projects design their token distributions in 2025 and beyond.

Frequently Asked Questions

Frequently Asked Questions

Did I miss the Cratos airdrop deadline?

Yes. The claim period closed on 5July2024 at 08:00UTC+9. Tokens were automatically sent to the winners’ wallets, and there is no retroactive claim option.

How many CRTS tokens are in circulation now?

As of October2025, the circulating supply is about 63.5billion CRTS, reflecting ongoing staking rewards and modest new issuance.

Can I still buy CRTS on exchanges?

Yes. CRTS is listed on several midsize exchanges. Prices hover around $0.00040, but always check the latest order book for accurate rates.

What made Cratos’ airdrop different from other 2024 drops?

The flat‑rate 500‑token grant, immediate distribution, and focus on simple community engagement set it apart from multi‑phase or high‑value, low‑winner models.

Will Cratos do another airdrop in 2025?

The team hinted at a “staking reward boost” later in 2025, but no formal airdrop has been announced yet.