SMAK X CoinMarketCap Airdrop Details: Timeline, Tokenomics & Current Price

TL;DR

• Smartlink ran a $20,000 SMAK airdrop on CoinMarketCap from Sep13‑232021.
• The campaign targeted early adopters and required simple social‑media steps.
• SMAK is a utility token on the Tezos blockchain that powers a decentralized escrow service.
• As of Sep2025 SMAK trades around $0.00012, down ~95% from its 2022 peak.
• Liquidity is thin, with Gate.io being one of the few active exchanges.

When you see a headline about the “SMAK X CoinMarketCap Campaign airdrop,” you probably wonder what actually happened, whether the tokens are still worth anything, and if the project ever delivered on its promises. The short answer: it was a fairly standard 2021 DeFi‑era airdrop that gave away $20,000 worth of SMAK tokens, but the token’s market performance since then has been disappointing. Below we break down the whole story, from the basics of the campaign to the current price reality, and we’ll point out what these results mean for anyone eyeing future airdrops.

What the SMAK X CoinMarketCap Airdrop Was

SMAK X CoinMarketCap Airdrop was a promotional token distribution event organized by Smartlink, a decentralized escrow platform built on the Tezos blockchain. The airdrop ran from September13 to September232021 and allocated roughly $20,000 USD in SMAK tokens to participants who completed the required steps on CoinMarketCap’s airdrop portal.

Smartlink positioned the event as a “token of gratitude” to early supporters and a way to boost visibility on CoinMarketCap, which is widely regarded as the most trusted source for crypto market data. By using CoinMarketCap’s built‑in airdrop system, the project tapped into a massive audience of crypto enthusiasts who already frequent the site for price charts and news.

How the Campaign Was Executed

The rollout followed a familiar playbook for DeFi projects in 2021:

1. Announcement video posted on YouTube on September72021, outlining the upcoming airdrop and linking to the CoinMarketCap page.
2. Participants were asked to complete a short questionnaire, follow Smartlink on Twitter, and join the official Telegram group.
3. After verification, CoinMarketCap distributed SMAK tokens directly to the wallet addresses users provided.
4. Distribution completed on September232021, with a total of 305.49million SMAK tokens claimed according to CoinMarketCap’s self‑reported circulating supply.

The entire process took just ten days, and the $20,000 budget was meant to cover gas fees, marketing spend, and a modest token reward for each qualifying participant.

Tokenomics and Supply Mysteries

SMAK token serves as the native utility token within the Smartlink ecosystem. Holders enjoy fee exemptions on escrow transactions, receive escrow rewards, and can vote on governance proposals.

Smartlink chose the Tezos blockchain for its low transaction fees and on‑chain governance features. While Tezos offers scalability benefits, the SMAK token’s supply reporting has been inconsistent. CoinMarketCap lists a circulating supply of 305.49million tokens, yet some analytics platforms show a supply of zero, indicating potential issues with how the token contract reports balances.

This discrepancy creates uncertainty for investors: a vague supply figure makes it hard to gauge market cap, dilution risk, or the true scarcity of the token.

Price Performance Since the Airdrop

When the airdrop wrapped up, SMAP’s price hovered around $0.0024 per token. Fast forward to September2025, and the token trades between $0.000113 and $0.000137 - a drop of roughly 95%.

Key price metrics:

• 24‑hour volume: effectively $0.00, indicating almost no trading activity.
• 7‑day change: -47.22%.
• 30‑day change: -60.27%.

Market and Liquidity Challenges

Beyond the price drop, SMAK faces structural hurdles:

• Gate.io is one of the few platforms offering SMAK‑USDT pairs, keeping daily volume under $5,000.
• Major exchanges have not listed SMAK, likely due to low demand and questionable supply reporting.
• The decentralized escrow service has seen limited adoption, with few public case studies or third‑party integrations.
• Competing escrow solutions on Ethereum and Binance Smart Chain have deeper liquidity and wider developer communities.

All of these factors compound the token’s inability to regain value, despite the technical merits of the underlying platform.

Lessons Learned and What to Watch for in Future Airdrops

If you’re considering participating in a new airdrop, the SMAK experience offers a few practical takeaways:

• Check the supply transparency. A clear, auditable token supply reduces doubt and makes price calculations reliable.
• Look for multiple exchange listings. A token confined to one obscure exchange will struggle with liquidity.
• Assess real‑world use cases. Smartlink’s escrow service is niche; projects with broader utility tend to sustain community interest longer.
• Monitor post‑airdrop activity. Frequent updates, community engagement, and developer road‑maps are signs that the project isn’t just a marketing stunt.

In short, an airdrop can be a fun way to explore new tokens, but it’s not a guarantee of future price upside. Do your homework, especially around tokenomics and market access.

Quick Reference: SMAK Airdrop vs. Typical 2021 Airdrop

Frequently Asked Questions