Cryptocurrency

PLGR Pledge Finance Airdrop: What You Need to Know in 2025

Johanna Hershenson

Johanna Hershenson

PLGR Pledge Finance Airdrop: What You Need to Know in 2025

There’s no official PLGR airdrop happening in 2025. Not now. Not anytime soon. And if someone’s telling you otherwise, they’re either misinformed or trying to scam you.

The PLGR token from Pledge Finance hasn’t had a public airdrop since its initial launch in 2021. The project’s entire token supply was distributed through a Token Generation Event (TGE) that ended on October 5, 2021. No follow-up airdrops, no community rewards, no loyalty drops - nothing. The official channels haven’t announced a single airdrop since then. Not on Twitter. Not on Discord. Not in their blog. If you see a link claiming you can claim PLGR tokens for free, close it. It’s fake.

What Pledge Finance Actually Is

Pledge Finance isn’t another meme coin or a hype-driven DeFi project. It’s a structured lending protocol built on blockchain tech to create fixed-rate financial products - think loans, bonds, and credit derivatives - packaged as NFTs using ERC-1155. That’s unusual. Most DeFi platforms let you swap or stake, but Pledge wanted to turn loans into tradeable assets. Each loan became an NFT, so you could buy, sell, or hold it like a digital bond.

The platform launched on Binance Smart Chain and aimed at non-traders - people who wanted predictable returns without constantly monitoring price swings. It wasn’t built for day traders. It was built for people who wanted to earn fixed interest, like a CD, but on crypto.

Why There’s No Airdrop - And Why It Might Never Happen

Here’s the hard truth: Pledge Finance raised $30.42 million in its ICO in 2021, selling 495 million PLGR tokens at $0.10 each. That’s a massive amount of capital. They also raised $3 million from investors like DHVC and Gary LaBlanc. They didn’t need an airdrop to grow. They already had funding, a product, and early adopters.

But here’s what went wrong: liquidity vanished. Today, PLGR trades at around $0.000211 - down over 99% from its peak of $0.009362 in late 2024. Trading volume? $0.00 on every major tracker. No exchanges list it properly. No market makers are active. The circulating supply? Listed as 0 on some sites. That’s not a glitch - it’s a collapse.

When a token loses liquidity, the team stops doing things like airdrops. Why? Because they’re not trying to attract new users. They’re trying to survive. Airdrops cost money. They require marketing, smart contract deployment, gas fees, and community management. Pledge Finance doesn’t have the resources - or the incentive - to do that now.

PLGR Token Supply and Distribution - The Real Story

PLGR has a max supply of 3 billion tokens. But only 1 billion were ever created at launch. The rest are theoretical. Of that 1 billion, 495 million went to the ICO. The rest were split between team, investors, ecosystem funds, and reserves - all with long lockups.

Here’s how the tokens were released:

  • Option 1: 100% unlocked at TGE (October 2021)
  • Option 2: 40% at TGE, then 20% every quarter
  • Option 3: 25% at TGE, then 25% every quarter
  • Additional tokens: 10-month lockup period

Most of these tokens are still locked. That’s why the circulating supply is near zero. Even if you owned PLGR back then, you likely couldn’t sell it - because no one’s buying.

Astronaut holding a faded PLGR token in a silent, empty cosmic void.

Current Market Status - Is PLGR Dead?

It’s not dead. But it’s not alive either. It’s in limbo.

Price predictions are all over the place. CoinCodex says PLGR could hit $0.000694 by end of 2024 - but that was a year ago. WalletInvestor predicts $0.000030 by September 2025. CoinDataFlow says $0.000215-$0.000414. All of these are guesses. None matter because no one’s trading.

The 50-day and 200-day moving averages are both $0.000211. That’s not a trend - that’s a flatline. The Fear & Greed Index says "Extreme Greed"? That’s absurd. No one’s buying. No one’s selling. There’s no greed. There’s just silence.

The project’s Twitter has around 8,849 followers - ranked "Weak" by DropsTab. That’s lower than a random meme coin with a dog logo. No press. No updates. No roadmap revisions. Just radio silence since 2022.

What to Do If You Own PLGR

If you bought PLGR during the ICO or early days - and you still have it - you’re holding a ghost asset. It’s not worthless. But it’s not liquid. You can’t sell it on Binance, Coinbase, or Kraken. You can’t swap it on Uniswap. You might find it on obscure, low-volume DEXs - but even then, the slippage will eat 90% of your balance.

Here’s what you can do:

  1. Check your wallet. Is PLGR still there? If yes, keep it. Don’t panic-sell.
  2. Visit the official Pledge Finance website. Look for any recent blog posts or announcements. If there’s nothing since 2022, you know the truth.
  3. Join their Discord or Telegram. Ask directly: "Is there an upcoming airdrop?" If no one responds, or if they redirect you to a third-party site - leave.
  4. Don’t send any crypto to claim "free PLGR." That’s how scams work.

If you’re holding PLGR, treat it like a collectible - not an investment. It’s not going to make you rich. It might not even be tradable again.

Scammer offering fake PLGR tokens at a roadside stand amid glowing DeFi projects.

What to Do If You Don’t Own PLGR

Don’t buy it. Don’t try to "get in early." There’s no early anymore. The window closed in 2021.

There are hundreds of DeFi lending protocols with real volume, active teams, and working products. If you want fixed-rate lending on crypto, look at:

  • dYdX - for perpetual swaps and margin trading
  • Vega Protocol - for derivatives and volatility trading
  • Injective - for decentralized derivatives with low fees
  • Hyperliquid - for high-performance perpetuals

These platforms have real trading volume, real teams, and real updates. PLGR doesn’t. Don’t waste your time.

How to Spot a Fake PLGR Airdrop

Scammers love dead projects. They know people still search for "PLGR airdrop" and hope for a miracle. Here’s how to avoid them:

  • Any link asking you to connect your wallet to claim PLGR = scam
  • Any website with a "Claim Now" button = scam
  • Any Twitter/X account saying "PLGR airdrop is live!" = scam
  • Any Discord server with a bot that sends you PLGR = scam
  • Any YouTube video claiming "how to get free PLGR" = scam

Real airdrops don’t require you to send crypto. Real airdrops don’t ask for your private key. Real airdrops are announced on the project’s official website - and only after months of community building. Pledge Finance hasn’t done any of that.

Final Verdict

PLGR Pledge Finance had potential. It had funding. It had a smart idea. But it failed to build liquidity, community, or momentum. The token is effectively dead. There is no airdrop. There won’t be one. And chasing it will only cost you time - or worse, your money.

If you’re looking for DeFi opportunities in 2025, focus on projects with active development, real trading volume, and transparent teams. PLGR is a relic. Leave it in the past.

8 Comments

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    Casey Meehan

    November 28, 2025 AT 14:02
    Bro, I saw a PLGR airdrop link yesterday and my wallet screamed. šŸšØšŸ’€ Just deleted it. If you're still holding PLGR, you're basically owning a digital fossil. No airdrop, no liquidity, no hope. Just vibes and regret. šŸ˜…
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    Tom MacDermott

    November 29, 2025 AT 19:30
    Of course there’s no airdrop. The project died the moment the team stopped posting memes and started pretending they were Wall Street. 🤔 The fact that people still search for ā€˜PLGR free tokens’ is the real tragedy. Not the token. The delusion.
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    Martin Doyle

    November 30, 2025 AT 05:05
    You people are still talking about this? It’s been two years since anyone cared. The team vanished. The liquidity evaporated. The website looks like a 2018 Geocities page. If you’re holding PLGR, you’re not an investor-you’re a museum curator for dead crypto.
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    Susan Dugan

    November 30, 2025 AT 13:20
    I feel you on this one. I bought PLGR during the TGE thinking it was the next big thing-turns out I just bought a quiet, sad candle on a chart no one looks at anymore. šŸ•Æļø But hey, at least I didn’t fall for a scam claiming to give me free tokens. That’s a win, right? Keep your keys safe, folks. And maybe… just maybe… find a project that’s still breathing.
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    SARE Homes

    November 30, 2025 AT 14:09
    This is why you don’t trust ā€˜structured lending protocols’-they sound fancy until you realize they’re just a thinly veiled pump-and-dump with NFT wrappers. PLGR? More like PLAGIARIZED. The team took $30M, built nothing, vanished, and now you’re all crying over a ghost token. Pathetic. And yes, I’ve seen the fake airdrops-every single one is a phishing trap. You’re not getting tokens. You’re getting your wallet drained. šŸ’ø
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    Grace Zelda

    December 1, 2025 AT 06:41
    I used to think DeFi was about freedom. Now I see it’s just a graveyard of good ideas with bad execution. PLGR had potential-fixed-rate loans as NFTs? Genius. But no one stayed to build the community. No updates. No transparency. Just silence. I’m not mad. I’m just… sad. Like watching a plant die because no one watered it. Maybe the real lesson isn’t about PLGR-it’s about why we fall for projects that don’t talk back.
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    Sam Daily

    December 1, 2025 AT 07:40
    I’ve been holding PLGR since 2021 and I still check the price every day like it’s gonna wake up. šŸ˜… It’s not gonna. But I’m not selling-because I believe in the idea, not the price. If the team ever comes back, they’ll have a loyal few waiting. Until then? I’m just keeping it as a reminder: don’t chase hype. Build real value. And if you see a ā€˜PLGR airdrop’? Block it. Then laugh. šŸ˜Ž
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    Kristi Malicsi

    December 3, 2025 AT 01:12
    PLGR is dead but the scams are alive and thriving. Just saw a Discord bot offering free tokens. I replied with a single emoji. They didn’t respond. Good. They’re not worth the gas fee. Stay safe out there

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