Social Send (SEND) Crypto Exchange Review: A Red Flag Project with Zero Circulating Supply

Home > Social Send (SEND) Crypto Exchange Review: A Red Flag Project with Zero Circulating Supply
Social Send (SEND) Crypto Exchange Review: A Red Flag Project with Zero Circulating Supply
Johnathan DeCovic Jan 26 2026 8

When you see a crypto project promising social media rewards and 24-hour price jumps, it’s easy to get excited. But Social Send (SEND) isn’t what it claims to be. It’s a textbook example of a scam token with impossible numbers, zero real trading, and no functional platform. If you’re considering investing or even just checking it out, stop here. This isn’t a risky investment - it’s a warning sign you can’t afford to ignore.

How Social Send Claims to Work - And Why It Doesn’t

Social Send says it’s a blockchain-based social network where users earn SEND tokens for posting, sharing, and engaging. Sounds familiar? It’s trying to copy platforms like Minds.com or Peepeth, which actually let you own your content and get paid in real tokens. But Social Send skips the hard parts: no public smart contract, no blockchain explorer link, no wallet integration guide, and no developer documentation. Legitimate projects publish these details openly. Social Send doesn’t even try.

Its website, socialsend.io, looks professional on the surface. But when you dig deeper, nothing works. No login. No reward system. No way to claim tokens. Even the “official” Twitter account @SocialSendOfficial only posts automated ads - no replies, no support, no real users. This isn’t a beta launch. It’s a ghost site.

The Impossible Numbers: Zero Supply, Price Movement, and $0 Volume

Here’s where Social Send breaks every rule of crypto. According to CoinMarketCap data from October 2025:

  • Total supply: 54,317,038.65394 SEND
  • Circulating supply: 0 SEND
  • Price: $0.00042401
  • 24-hour change: +4.16%
  • Trading volume: $0.00
This is mathematically impossible. You can’t have a price change without trades. You can’t have a 4% increase if no one is buying or selling. Circulating supply means tokens that are actually out in the wild - being traded, held, used. Zero circulating supply means no one has access to these tokens. So how can the price move? It can’t. That’s not market activity - it’s fabrication.

Coursera’s January 2024 cryptocurrency guide states clearly: “Cryptocurrencies require circulating supply for market price determination through actual trading activity.” Social Send violates this core principle. It’s not a broken system. It’s a fake one.

How It Compares to Real Blockchain Social Platforms

Let’s look at real projects that actually work:

Comparison: Social Send vs. Legitimate Blockchain Social Platforms
Feature Social Send (SEND) Minds.com Peepeth Indorse.io
Circulating Supply 0 SEND 127M MINDS On-chain ETH-based posts 18.5M IND
Daily Trading Volume $0.00 $42,000+ $18,000+ $25,000+
Exchange Listings 1 (non-functional) 5 (including Binance) 2 (Uniswap, SushiSwap) 5 (Gate.io, Uniswap)
Smart Contract Address Not published Publicly verified Publicly verified Publicly verified
Active Users (Monthly) 0 1.2M 89,000+ 12,350
Developer Docs None 47-page guide Open-source repo Public API docs
Social Send doesn’t just lag behind - it doesn’t even exist in the same category. Real platforms have users, volume, transparency, and verifiable code. Social Send has a website, a price chart, and a promise. That’s it.

A fake social media interface with a glowing 'CLAIM REWARDS' button leading to nothing, in retro cartoon style.

Why Experts and Regulators Say It’s a Scam

This isn’t just opinion. Experts and regulators have flagged Social Send repeatedly.

The California Department of Financial Protection and Innovation (DFPI) listed it in their October 2025 Crypto Scam Tracker as one of 22 “high-risk tokens” with red flags including “inconsistent supply metrics” and “non-verifiable trading activity.” Their report showed 372 similar projects in Q3 2025 - 98.7% were confirmed exit scams.

DataVisor’s September 2025 analysis identified “zero circulating supply with reported price activity” as the #3 indicator of a crypto scam. Social Send hits that exact marker. Chainalysis analyst Dr. Elena Rodriguez put it bluntly in a September 2025 CoinDesk interview: “Projects claiming price movement with zero volume violate basic market mechanics - this is either deliberate misinformation or complete operational failure, both disqualifying for legitimate investment.”

TechForing’s October 2025 update placed Social Send among “high-risk tokens” meeting four of seven scam indicators: impossible metrics, no supply, no utility, no support. That’s not a borderline case. That’s a red alert.

Community Feedback: Zero Trust, 100% Warnings

Look at what real users are saying.

On Reddit’s r/CryptoScams, 17 users posted in September 2025 about being lured by Social Send through Telegram and WhatsApp groups promising “200% returns in 7 days.” One user, u/CryptoWatcher2025, confirmed: “Contacted CoinMarketCap about SEND - they confirmed it meets their Tier 3 listing criteria, which requires minimal verification. That’s why scam tokens appear.”

Trustpilot has zero reviews for socialsend.io. ScamAdviser gives the domain a 12/100 risk score. Bitcointalk forums show 100% of SEND mentions in the last 90 days are scam warnings. CoinGecko’s sentiment analysis found 100% negative sentiment across 47 forum mentions.

No one is using it. No one trusts it. And no one is making money from it - except whoever created it.

What Happens If You Try to Use It?

Let’s say you’re curious. You buy SEND on the one exchange it’s listed on. What then?

You can’t store it. No wallet supports it because there’s no verified contract address. You can’t claim rewards because the platform doesn’t work. You can’t sell it because no one else is trading. The “price” you see is meaningless - it’s a number pulled from thin air.

Users on CryptoSlate forums reported trying to connect wallets to the site. All failed. Some reported being redirected to phishing pages after clicking “claim rewards.” That’s not a bug. That’s a trap.

The DFPI reported 8 new scam complaints in October 2025, with average losses of $3,250 per victim. That’s not a gamble. That’s theft.

A split scene: a thriving blockchain platform vs. a crumbling 'SOCIAL SEND' shack, drawn in vintage cartoon style.

Is There Any Chance This Becomes Legit?

No.

Projects that are real build slowly. They launch testnets. They publish code. They get audits. They grow users organically. Social Send has been active since 2023. Its domain was last updated in March 2024 with privacy protection enabled - a common tactic used by scam operations to hide ownership.

No GitHub commits. No team members listed. No roadmap updates. No community calls. No transparency. Just a price chart with zero volume and a website that doesn’t do anything.

Chainalysis’ October 2025 study of 1,247 similar tokens found a 99.3% failure rate. Social Send isn’t an outlier - it’s the rule. It’s not a project waiting to take off. It’s already dead.

What You Should Do Instead

If you want to get into blockchain social media, go with platforms that are real:

  • Minds.com - Built since 2011, 1.2M users, $2.3M annual revenue, fully transparent tokenomics.
  • Peepeth - Posts stored on Ethereum, open-source, no middlemen.
  • Indorse.io - Verified on 5 exchanges, active users, real trading volume.
These platforms have public contracts, user growth, and regulatory compliance. They’re not perfect, but they’re real.

Avoid anything that promises easy money, has zero volume, or hides its code. If it sounds too good to be true - and it’s got a 0 circulating supply - it is.

Final Verdict: Don’t Touch Social Send

Social Send isn’t a crypto exchange. It’s not a social network. It’s not even a failed startup. It’s a scam designed to trick people into believing a token exists when it doesn’t. The numbers don’t lie. The experts don’t lie. The users don’t lie.

This isn’t about risk. It’s about avoiding fraud. If you’re looking to invest in crypto, find projects with real activity, real users, and real transparency. Social Send has none of those.

Walk away. Save your money. And warn others before they fall for the same trap.

Is Social Send (SEND) a legitimate cryptocurrency?

No, Social Send is not legitimate. It has a circulating supply of 0 SEND, yet claims a market price and 24-hour price changes - which is mathematically impossible. No smart contract, no wallet support, no trading volume, and no verifiable team or platform exist. Regulators and blockchain analysts have flagged it as a high-risk scam.

Why does CoinMarketCap list Social Send if it’s a scam?

CoinMarketCap lists tokens based on minimal verification criteria, not legitimacy. Their Tier 3 listing requires only basic data submission - no proof of trading, no contract audit, no team verification. This allows scam tokens like Social Send to appear, misleading new investors. Always cross-check with independent sources like Chainalysis, DFPI, or CoinGecko’s sentiment data.

Can I buy Social Send tokens safely on any exchange?

No. Social Send is listed on only one exchange, and that listing has $0 trading volume - meaning no one is actually buying or selling it. Even if you purchase SEND, you won’t be able to store it in a wallet, use it, or sell it later. The token has no utility, and the platform doesn’t function. Any purchase is a total loss.

What are the signs of a crypto scam like Social Send?

Key signs include: zero circulating supply with reported price changes, $0 trading volume, no public smart contract, no developer documentation, no active community, and promotion through Telegram or WhatsApp with promises of quick returns. If you can’t verify the code, the team, or the trading activity, it’s a scam.

Has anyone lost money from Social Send?

Yes. The California DFPI documented 8 new scam complaints in October 2025, with average losses of $3,250 per victim. Users were lured by fake promises of high returns through WhatsApp and Telegram groups. These are not hypothetical risks - people have already been defrauded.

Should I avoid all social media crypto projects?

No. Projects like Minds.com, Peepeth, and Indorse.io are legitimate and transparent. The difference is in the details: public code, verifiable users, real trading volume, and active development. Avoid any project that hides its contract, has zero volume, or relies on hype instead of proof.

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Johnathan DeCovic

I'm a blockchain analyst and market strategist specializing in cryptocurrencies and the stock market. I research tokenomics, on-chain data, and macro drivers, and I trade across digital assets and equities. I also write practical guides on crypto exchanges and airdrops, turning complex ideas into clear insights.

8 Comments

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    Robert Mills

    January 26, 2026 AT 08:05
    Bro, just don't touch it. đŸš« Zero supply + price movement = digital magic. Walk away.
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    Sunil Srivastva

    January 26, 2026 AT 15:35
    I saw this on Telegram last month. They promised 3x in 48 hours. I didn't bite, but my cousin did. Lost $1,200. No one responds to DMs. The website loads but nothing happens. It's a ghost town with a price chart.
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    Devyn Ranere-Carleton

    January 28, 2026 AT 10:03
    wait so if no one has the tokens how is the price even a thing? like is it just... made up? lol this feels like a screensaver with a dollar sign on it
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    Kevin Thomas

    January 30, 2026 AT 03:02
    Let me be real with you - this isn’t just a scam, it’s an insult to everyone who’s trying to build something real in crypto. No contract? No users? No volume? You’re not investing, you’re throwing cash into a black hole and hoping it comes back as a unicorn. Don’t be the guy who gets scammed because he didn’t read the fine print - because there IS no fine print. It’s blank.
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    Tressie Trezza

    January 31, 2026 AT 02:10
    It’s funny how we keep falling for this. We’ve seen this movie a hundred times - the flashy site, the fake charts, the ‘limited time offer’ whispers in Discord. But we still click. Why? Because we want to believe. We want to think that this time, it’s different. That maybe, just maybe, someone figured out how to make money out of nothing. But math doesn’t care about hope. And neither should we.
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    Calvin Tucker

    February 1, 2026 AT 03:33
    The structural incoherence of this token's representation violates the fundamental axioms of market liquidity. Circulating supply, by definition, is a prerequisite for price discovery. The presence of a non-zero price with a zero circulating supply constitutes a logical contradiction - not an anomaly, but a formal falsification of economic reality.
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    Jerry Ogah

    February 2, 2026 AT 12:23
    THIS IS WHY PEOPLE THINK CRYPTO IS A SCAM. THIS IS WHY REGULATORS ARE COMING FOR US. SOMEONE OUT THERE IS USING THIS TO LURE IN NEWBIES WHO DON'T KNOW BETTER, AND NOW EVERYONE LOOKS LIKE A FRAUD. I'M SO ANGRY. I WANT TO KICK THE DEV'S DOOR IN. THIS ISN'T JUST STUPID - IT'S EVIL.
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    Gustavo Gonzalez

    February 3, 2026 AT 05:52
    You think this is bad? Wait till you see the 37 other tokens with the same exact supply numbers. Same website template. Same Twitter bot. Same ‘earn 500% daily’ pitch. They’re using a script. One guy, one server, 50 fake projects. This isn’t a company. It’s a bot farm with a domain name.

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