CGPT x CoinMarketCap Airdrop: How to Qualify for the $50,000 ChainGPT Token Giveaway

Ben Bevan 31 October 2025 26 Comments

CGPT Token Value Calculator

How Much Are Your CGPT Tokens Worth?

Calculate the current value of your $CGPT tokens based on the latest market price.

Enter Your CGPT Tokens:

$CGPT

The current price of $CGPT is $0.04981 (as reported in October 2023)

ChainGPT is giving away $50,000 in $CGPT tokens through a partnership with CoinMarketCap - and if you’re active in crypto, this isn’t something you can afford to ignore. The airdrop runs from October 23 to November 7, 2023, and up to 10,000 people will split the prize pool. That’s an average of $5 per winner, but top participants could get more. The catch? You need to be one of the few who actually complete the steps before the clock runs out.

What Is ChainGPT and Why Does It Matter?

ChainGPT isn’t just another crypto project. It’s an AI-powered Web3 infrastructure tool built to help traders and investors make smarter decisions. Think of it as a smart assistant that scans hundreds of crypto assets in real time, gives technical analysis, tracks market sentiment, and even predicts short-term price moves using AI. It’s not sci-fi - it’s live and being used by over 92,000 token holders right now.

The $CGPT token powers the ecosystem. It’s used for accessing premium features, staking, and participating in governance. As of October 2023, $CGPT trades at around $0.04981 with a market cap of $46.57 million and a 24-hour trading volume over $13.8 million. That’s not a small project. And with a total supply of nearly 1 billion tokens, there’s still room for growth - if the team delivers on its roadmap.

How the Airdrop Works

This isn’t a random lottery. ChainGPT and CoinMarketCap have set clear rules to reward active users, not just people who sign up and forget.

You must visit the official airdrop page on CoinMarketCap: coinmarketcap.com/currencies/chaingpt/#airdrop
You need to complete specific engagement tasks during the campaign window (Oct 23 - Nov 7, 2023)
Only 10,000 participants will be selected to receive $CGPT tokens
There’s no guarantee of how much each person gets - it’s likely tiered based on activity

What tasks? The exact list hasn’t been fully published yet, but based on past CoinMarketCap airdrops and ChainGPT’s previous campaigns, expect things like:

Following ChainGPT on Twitter (X) and retweeting the airdrop post
Joining the official ChainGPT Telegram group
Referring friends using your unique link
Completing a simple quiz about ChainGPT’s features
Verifying your CoinMarketCap account

Previous airdrops from ChainGPT (like the $15,000 one in May 2023) had over 50,000 participants for just 1,000 spots. This time, the prize is bigger - $50,000 - but so is the competition. With CoinMarketCap having over 100 million monthly users, you’re competing against a massive crowd. Your odds aren’t great, but they’re better if you do more than the bare minimum.

Why This Airdrop Is Different

This isn’t ChainGPT’s first rodeo. They ran a $15,000 airdrop earlier in 2023 and a $5,000 one with Seedify. But this one is bigger, smarter, and better timed.

First, CoinMarketCap hasn’t hosted a major airdrop in nearly a year. That means users are hungry for them. Second, ChainGPT just raised $150,000 in an OpenFabric IDO and got listed on HTX exchange. They’re gaining momentum. Third, they’re pushing their AI Trading Assistant - a tool that could change how people trade crypto. This airdrop isn’t just about giving away free tokens. It’s about getting real users to test their product before it launches.

ChainGPT’s CEO, Ilan Rakhmanov, said it plainly: "Our airdrop with CoinMarketCap... are crucial steps towards expanding global access to $CGPT and ChainGPT tools." That’s the real goal - not just handing out tokens, but building a user base that actually uses the platform.

What You Need to Do Right Now

If you want a shot at this airdrop, here’s your action plan - and you need to start today.

Go to coinmarketcap.com/currencies/chaingpt/#airdrop and bookmark it.
Create or log into your CoinMarketCap account. No account? No chance.
Follow @ChainGPT on X (Twitter) and turn on notifications.
Join the official ChainGPT Telegram group (12,450 members as of October 2023).
Set a reminder for October 23 - that’s when the airdrop page goes live.
When it launches, complete every single task immediately. Don’t wait.
Use your referral link to invite friends - top referrers get bonus rewards.

Pro tip: Don’t just sign up. Engage. Comment on ChainGPT’s posts. Ask questions in Telegram. The team watches activity. They’re looking for real users, not bots.

Red Flags and Risks

Not everything is sunshine. There are serious concerns.

First, the market cap to TVL (Total Value Locked) ratio is 1,176.56. That means the token’s price is over 1,000 times higher than the actual money locked in its ecosystem. That’s a red flag. It suggests the price is driven more by hype than real utility.

Second, only 12% of past airdrop winners actually used ChainGPT’s tools after getting tokens. That’s a huge problem. If you’re hoping to cash out and move on, you might be disappointed. The real value comes from using the platform - not just holding the token.

Third, regulators are watching. The SEC has been cracking down on airdrops that resemble unregistered securities. ChainGPT’s legal team is likely aware of this, but there’s still risk. If the token gets classified as a security later, you could face tax issues or even restrictions on selling.

And don’t trust any site asking for your private key. ChainGPT will never ask for it. If someone DMs you on Telegram or Twitter saying "claim your bonus," it’s a scam.

Is It Worth Your Time?

Let’s be honest - you’re busy. You’ve got other airdrops, other projects, other things to do.

If you’re already active in crypto, follow ChainGPT, and use CoinMarketCap daily, then yes - this is worth 15 minutes of your time. The reward is real, the team has track record, and the exposure is massive.

If you’re new to crypto, don’t jump in just for the free tokens. Learn what ChainGPT does first. Watch their demo videos. Read their docs. If the AI Trading Assistant sounds useful to you, then participate. If it doesn’t, skip it. Free tokens aren’t free if they just sit in your wallet.

And if you do win? Don’t sell everything on day one. Hold some. Use the platform. See if the tools actually help you trade better. That’s how you turn a lucky airdrop into real value.

What Comes After the Airdrop?

ChainGPT isn’t stopping here. They’ve got a Q4 2023 roadmap that includes the AIVM Testnet - a decentralized AI compute network. They’re also expanding to Solana. And they’re building deeper integrations with wallets and exchanges.

This airdrop is a launchpad. The real product is coming. If you’re in now, you’re not just getting tokens - you’re getting early access to what could be one of the next big AI+crypto tools.

But only if you stay engaged.

Is the ChainGPT x CoinMarketCap airdrop still active?

No. The airdrop ran from October 23 to November 7, 2023. The campaign has ended, and winners have been selected. You can no longer participate. However, ChainGPT may run future airdrops, so keep an eye on their official channels.

How many people won the $50,000 CGPT airdrop?

Up to 10,000 participants were eligible to receive a share of the $50,000 prize pool. The exact number of winners and individual amounts were determined by ChainGPT based on engagement levels during the campaign. Winners were notified via email and CoinMarketCap account notifications.

Do I need a wallet to claim CGPT tokens?

Yes. If you won, you needed to connect a compatible wallet (like MetaMask) to your CoinMarketCap account to receive your $CGPT tokens. Tokens were distributed directly to the wallet linked during the claim process. If you didn’t link a wallet, you lost your reward.

Was the CGPT airdrop safe?

Yes - if you only used the official CoinMarketCap airdrop page and ChainGPT’s verified social accounts. Never give your private key, seed phrase, or sign any transaction you don’t understand. Scammers created fake sites and impersonated ChainGPT staff. Always double-check URLs and avoid DMs offering "extra rewards."

What is the current price of $CGPT?

As of October 2023, $CGPT traded at approximately $0.04981. Prices fluctuate based on market demand. Check CoinMarketCap or CoinGecko for live data. Remember, past performance doesn’t guarantee future results.

Can I still get $CGPT tokens after the airdrop?

Yes. $CGPT is listed on major exchanges like HTX and Gate.io. You can buy it directly using fiat or other cryptocurrencies. The airdrop was just one way to get tokens - buying on an exchange is the most common method now.

What’s next for ChainGPT?

ChainGPT is developing its AI Trading Assistant and launching the AIVM Testnet in Q4 2023 - a decentralized AI compute network. They’re also expanding to the Solana blockchain. These updates aim to turn $CGPT from a speculative asset into a functional utility token within a growing AI-powered crypto ecosystem.

Final Thoughts

This airdrop was a big moment for ChainGPT - a chance to grab attention from CoinMarketCap’s massive audience. But airdrops don’t build companies. Products do.

If you won, use the tokens. Try the AI tools. See if they help you trade better. If they do, you’ve got something real. If they don’t, you’ve lost nothing but time.

And if you missed it? Don’t panic. Crypto moves fast. The next big opportunity is already on its way. Just stay sharp, stay informed, and never chase free money without understanding what you’re getting into.