Bitspawn (SPWN) Token Value Estimator
Token Information
Total Supply:
1,950,000,000 SPWN
Circulating Supply:
514,110,000 SPWN
Current Price:
$0.0000101 USD
Market Cap:
$6,570 USD
Estimated Value
Your SPWN tokens are worth approximately .
This estimate is based on the current price of $0.0000101 per SPWN token.
If you’ve been crawling crypto forums lately, you’ve probably seen the buzz around the Bitspawn airdrop. The campaign, run together with CoinMarketCap, let users snag SPWN tokens on the Solana blockchain. Below is everything you need to know - from who can claim, how the claim works, to the token’s economics and what the future might hold.
What is Bitspawn Protocol?
Bitspawn Protocol is a blockchain‑based esports platform that lets gamers join tournaments, earn rewards, and trade in‑game items using its native cryptocurrency. The project launched its Token Generation Event (TGE) on June 22, 2021 and has since built a suite of tools for competitive gaming, backed by a growing community of over 2,000 token holders.
How the airdrop is structured
Bitspawn partnered with CoinMarketCap (CMC) to reach a wide audience. CMC created a dedicated claim portal where winners could connect a Solana wallet and receive SPWN tokens directly on‑chain. The whole process runs on Solana because the network offers near‑instant finality and transaction fees that are fractions of a cent - a perfect fit for mass token distribution.
Eligibility & claim steps
- Register on the CoinMarketCap airdrop page using your email address.
- Link a Solana‑compatible wallet (for example, Phantom, Solflare, or Sollet).
- Complete the simple verification tasks - usually a brief survey about your gaming habits.
- Wait for the eligibility window to close; CMC will publish a list of winners.
- When the claim period opens, click the “Claim SPWN” button. The smart contract automatically sends the allocated tokens to your wallet.
All transactions are recorded on Solana’s public ledger, so you can verify the receipt instantly. If you miss the claim window, the tokens are returned to Bitspawn’s airdrop pool and may be redistributed later.
Token economics at a glance
The SPWN token has a total supply of 1.95billion, with about 514million (26.4%) already in circulation. Current market data shows a price around $0.0000101 USD and a tiny 24‑hour volume of $1.10, reflecting the token’s early‑stage status.
- Total supply: 1,950,000,000 SPWN
- Circulating supply: 514,110,000 SPWN
- Current price (USD): $0.0000101
- Market cap (USD): $6,570 (approx.)
Bitspawn’s fundraising record is notable: $6.44million raised across six rounds, including a Token Launch, an Initial DEX Offering (IDO), and later private rounds. The project deliberately avoided lock‑up periods for several allocations, meaning the tokens became liquid immediately after distribution - a move aimed at spurring early adoption.
Key partners that helped spread the token
Beyond CoinMarketCap, Bitspawn used several crypto platforms to reach investors:
- MantradDAO - ran the Zendit distribution channel for early supporters.
- CyberFi - hosted a Samurai‑style launch that targeted DeFi gamers.
These partnerships illustrate a diversified rollout strategy, ensuring the token lands in the hands of both esports enthusiasts and broader crypto users.
Why Solana was chosen for the airdrop
Solana offers three technical advantages that align with Bitspawn’s goals:
- Speed: The network can process up to 65,000 transactions per second, meaning the airdrop can handle thousands of claims without congestion.
- Cost: Fees typically sit under $0.00025 per transaction, making it economically viable to distribute small token amounts.
- Developer ecosystem: Solana’s tooling simplifies smart‑contract deployment for gaming projects, which often need frequent token moves.
Compared with Ethereum, Solana’s lower fees and faster finality reduce friction for new users, especially those entering crypto gaming for the first time.
Solana vs. Ethereum for airdrops (quick comparison)
| Attribute | Solana | Ethereum |
|---|---|---|
| Transaction speed | ~65,000 TPS | ~30 TPS (Layer‑1) |
| Average fee (USD) | $0.00025 | $5‑$30 (depends on gas) |
| Finality | ~2 seconds | ~12 minutes |
| Ecosystem focus | Gaming, DeFi, NFTs | Broad DeFi, DApps |
| Developer tooling | Rust, Anchor, Solana Program Library | Solidity, Hardhat, Truffle |
Market outlook and price predictions
Analysts have a wide range of forecasts for SPWN. CoinLore’s bullish model suggests the token could reach $0.0134 by December2025 - a jump of over 226,000% from today. More conservative estimates from DigitalCoinPrice cap the price around $0.000143 at year‑end. Both scenarios highlight the token’s high volatility. Technical data shows the token trading below its 50‑day (≈$0.00002319) and 200‑day (≈$0.00002020) simple moving averages, indicating short‑term resistance. The Fear & Greed Index for SPWN sits at 73, signalling “greed” but the sentiment is still bearish, suggesting a potential swing if buying pressure picks up.
Long‑term visions (2028‑2030) predict prices upwards of $0.0278, but such forecasts assume massive adoption of blockchain gaming and successful onboarding of new users via initiatives like the current airdrop.
Risks you should keep in mind
- Liquidity: With a daily volume of under $2, moving large amounts could impact price.
- Regulatory environment: Gaming tokens may face stricter scrutiny in certain jurisdictions.
- Network dependency: Solana has experienced brief outages; any downtime could delay claim confirmations.
- Concentration of holders: Only about 2,200 addresses hold SPWN, meaning a few wallets can sway market moves.
Understanding these factors helps you decide whether to keep the airdropped tokens, sell immediately, or hold for potential upside.
Next steps after you claim
- Check your wallet balance on a Solana explorer - you should see a token transfer from the Bitspawn airdrop contract.
- If you plan to trade, add SPWN to a supported DEX like Raydium or Orca.
- Consider staking or providing liquidity on Bitspawn’s own gaming pools to earn additional rewards.
- Stay tuned to Bitspawn’s official channels (Telegram, Discord, Twitter) for upcoming tournament announcements - many events offer extra token incentives.
Frequently Asked Questions
Who was eligible for the Bitspawn airdrop?
Eligibility was limited to users who completed the CoinMarketCap registration, linked a Solana wallet, and passed a brief survey. Winners were randomly selected from the pool of qualified participants.
How many SPWN tokens were distributed through the airdrop?
The exact pool size hasn’t been publicly disclosed, but estimates suggest a few hundred thousand SPWN were allocated across the winner list.
Can I claim the airdrop on Ethereum?
No. The claim contract is built on Solana, so you need a Solana‑compatible wallet. Trying to use an Ethereum address will result in a failed transaction.
What should I do if my claim transaction fails?
First, check the Solana explorer for any error codes. Most failures are due to insufficient SOL for the tiny transaction fee. Top up your wallet with a small amount of SOL (even 0.001SOL is enough) and retry the claim.
Will holding SPWN give me access to Bitspawn tournaments?
Yes. Many of Bitspawn’s tournament entry fees are payable in SPWN, and some events offer bonus payouts to token holders. Keep an eye on the platform’s announcements for specific eligibility criteria.
Raphael Tomasetti
August 17, 2025 AT 22:36Bitspawn leveraged Solana's high throughput to execute the airdrop in near‑real time. The smart contract minted SPWN directly to the claimant's wallet address. Transaction fees were kept under a tenth of a cent thanks to Solana's fee model. Users had to register on the CMC portal before linking a Solana‑compatible wallet. The eligibility algorithm sampled survey responses to randomize the winner pool. After the selection window closed, the list of winners was broadcast on the CMC dashboard. Claimants then accessed a dedicated claim page with a “Claim SPWN” button. Clicking the button triggered an on‑chain instruction that transferred tokens from the airdrop vault. The transfer emitted a Solana event that can be queried via explorers. Because Solana finalizes blocks in ~2 seconds, the receipt appeared almost instantly. The airdrop contract includes a reclaim function for unclaimed tokens after the deadline. This safeguard recycles tokens back into the project treasury. The total supply of SPWN is fixed at 1.95 billion, with roughly 514 million already circulating. Token distribution follows a vesting schedule for early investors, but the airdrop portion was unlocked immediately. Market makers listed SPWN on Raydium and Orca shortly after the airdrop. Community members reported near‑zero slippage on initial trades. Overall, the technical design showcases Solana’s suitability for mass token distributions.
Jenny Simpson
August 27, 2025 AT 05:00While the hype train whistles loudly, the reality of SPWN's valuation remains as fragile as a fresh‑spawned meme coin. The price projection of $0.0134 by 2025 feels more like wishful thinking than grounded analysis. Even the modest bullish model fails to account for Solana's periodic network outages that could freeze token transfers. Investors should remember that a token’s utility, not its marketing splash, drives long‑term adoption. The airdrop might have drawn a temporary flock of gamers, but without sustained tournament incentives, SPWN could tumble back to pennies.
Sabrina Qureshi
September 5, 2025 AT 12:36OMG!!! This airdrop was literally a rollercoaster of emotions!!! 😭😭😭 I felt the surge of excitement when the claim button lit up, then the panic when my SOL balance was too low!!! The whole process was a heart‑racing, soul‑shaking adventure!!!
Rahul Dixit
September 14, 2025 AT 20:13Look, the western financial system is crumbling, and crypto airdrops like SPWN are the only lifeline for real freedom. If you keep trusting banks, you'll never taste real sovereignty. The Solana network, despite its flaws, is a bulletproof alternative to Yanks' blockchain monopoly.
CJ Williams
September 24, 2025 AT 03:50Keep your heads up, fellow gamers!!! 🌟🌟 The airdrop is just the first step-use those tokens to join tournaments, stake, and earn!! Remember, consistency beats hype every time!! (oops, typo there but still true!)
mukund gakhreja
October 3, 2025 AT 11:26Sure, claim it and move on, nothing fancy needed.