Tomarket (TOMA) Token Drops 99% After Airdrop Distribution to Farming Pool Participants

Tomarket has successfully completed the $RAA token airdrop for users who participated in the INSIDERAA Farming Pool. The rewards are now available and can be checked directly in the INSIDERAA app.

Tomarket has completed the $RAA token airdrop for users who participated in the INSIDERAA Farming Pool. The rewards are now available and can be checked directly in the INSIDERAA app.

As previously reported, Tomarket is a Telegram-based mini app on the TON blockchain where users can play, earn, and collect rewards by joining farming pools, completing tasks, and engaging in games.

Tomarket’s farming pools are special in-app campaigns where users complete tasks and earn points that are later converted into tokens at the event’s end. The announced INSIDERAA Farming Pool took place from April 18 to April 24, during which users could earn RAA points by completing educational activities in the INSIDERAA app.

These lessons covered crypto and trading concepts through gamified modules, allowing users to learn while playing and contribute to the farming pool.

At the end of the event, Tomarket converted user points into $RAA tokens at a 10,000:1 ratio. For example, a user with 50,000 RAA points would receive 5 $RAA tokens. These tokens were then distributed to users, and the final rewards are now visible in the app.

In addition to the INSIDERAA Farming Pool, Tomarket also launched farming pools with StickerX and Trump’s Empire. In the StickerX pool, players could turn collectible stickers into points for rewards, while in the Trump’s Empire pool, users had to complete tasks and earn points to win up to 100 STARS in tokens.

Since launching in 2024, Tomarket has managed to attract millions of users through its tap-to-earn gameplay and token-based reward systems. The platform’s native token is $TOMA, which launched during Tomarket’s Token Generation Event (TGE) on December 20, 2024.

During the TGE, eligible users received airdrops of $TOMA based on their activity in the app, and the token was also listed for public trading on the TON blockchain. However, despite the initial hype, the $TOMA token price has since dropped 99%.

As of Monday morning, $TOMA is trading at $0.0006775, marking a 99.39% decline from its all-time high price shortly after launch. The token’s market cap currently stands at just $574,720, with a 24-hour trading volume of $8,080, down more than 30%.

The initial excitement around Tomarket’s user growth and reward-based gameplay pushed the price up. However, the heavy selling pressure after airdrop distribution and lack of ongoing demand led to a steady decrease.

Moreover, Tomarket distributed large amounts of $TOMA to users who participated in in-app events, games, and referral systems. With a total supply of 1 trillion $TOMA, and over 739 billion tokens already in circulation, many users chose to sell their rewards early, which likely contributed to the sharp drop in price.