Sendcoin (SEND) isn’t another Bitcoin or Ethereum. It’s a small, fast-moving cryptocurrency built on Solana, meant to power something called the Blinks Ecosystem. But here’s the catch: no one really knows what that ecosystem does. There’s no whitepaper. No official team announcement. No detailed roadmap. And yet, people are trading it.
If you’ve seen SEND pop up on your crypto tracker and wondered if it’s worth attention, you’re not alone. It’s a coin that moves fast, swings hard, and hides behind vague promises. Let’s cut through the noise.
What Is Sendcoin (SEND)?
Sendcoin (SEND) is a token that runs on the Solana blockchain. That means it uses Solana’s speed and low fees-transactions cost less than a penny and confirm in under a second. SEND doesn’t have its own network. It’s a token, like a digital coupon, that lives on Solana’s infrastructure.
According to holders and trading platforms, SEND was created to support the Blinks Ecosystem. But beyond that name, there’s zero public detail. No website explains what Blinks is. No GitHub repo shows code. No YouTube videos break it down. The whole thing feels like a placeholder with a token attached.
It launched sometime in late 2023 or early 2024. The all-time high was $0.1626 on December 21, 2024. That was a 15,000% gain from its starting price. Then it crashed. By January 2026, it was trading around $0.001047-a 94.5% drop from its peak. That kind of volatility isn’t unusual for micro-cap coins. But it’s a red flag if you’re looking for something stable or useful.
SEND Price and Market Data
SEND’s price is all over the place. CoinGecko says it’s $0.001047. Coinbase says $0.0081. CoinMarketCap matches CoinGecko but reports a much smaller market cap. Why? Because different exchanges have different liquidity. Some have more buyers, others have more sellers. And SEND trades on a handful of obscure platforms, not Coinbase or Binance.
Here’s what the data shows as of January 2026:
- Price: $0.001047 (CoinGecko)
- Market Cap: $8.99 million (CoinGecko) or $679,770 (CoinMarketCap)
- Total Supply: ~1 billion SEND tokens
- Circulating Supply: Reported as 500 million by CoinMarketCap, but 999 million by others
- All-Time Low: $0.001379 (November 2024)
- 24-Hour Volume: $195K-$289K
- Holders: ~13,840
The mismatch between circulating and total supply is odd. If half the tokens are locked up or unclaimed, that’s not disclosed. Transparency matters-even for small coins.
Where Can You Buy SEND?
You won’t find SEND on Coinbase, Kraken, or even Bybit’s main platform. It’s listed on smaller exchanges:
- LBank: Accounts for 64% of all SEND trading volume
- Poloniex: Second most active market
- Bybit: Offers SEND/USDT but with lower volume
To buy SEND, you need to:
- Create an account on LBank or Poloniex
- Verify your identity (KYC Level 1)
- Deposit USDT or SOL
- Trade it for SEND
No direct fiat on-ramps. No credit card purchases. You can’t just log in and buy SEND with USD. That’s a barrier for new users-and a sign it’s not meant for casual investors.
Is SEND Part of the Solana Ecosystem?
Yes, but not in a meaningful way.
Solana has over 1,200 tokens built on its chain. Most serve clear purposes: Raydium for trading, Serum for decentralized exchanges, Jupiter for swaps. SEND? It’s listed as part of the “Blinks Ecosystem,” but no one explains what Blinks is. No app. No dApp. No website. Just a token name and a Twitter account.
Compared to other Solana tokens, SEND is tiny. Raydium’s market cap is over $100 million. SEND’s is less than $10 million. It’s not even in the top 100 Solana tokens by value. Its only real advantage? Speed and low cost-thanks to Solana. But so do hundreds of other tokens.
Who’s Holding SEND?
There are about 13,840 wallets holding SEND. That’s more than some coins with 10x the market cap. But it’s still a tiny community. You won’t find Reddit threads, Discord servers with thousands, or YouTube breakdowns. There’s no public team. No developer updates. No blog posts.
The trading activity is mostly on Asian exchanges. That suggests regional interest, not global adoption. And there’s zero institutional coverage. No CoinDesk articles. No Cointelegraph analysis. No analyst ratings.
This isn’t a project with a community. It’s a token with a price chart-and a lot of people wondering if it’s a pump-and-dump.
Why the Big Price Swings?
SEND’s 94.5% drop from its peak wasn’t caused by a hack or scandal. It was caused by thin liquidity.
When only a few thousand people trade a token, a single large buy or sell can move the price 20% in minutes. That’s what happened in December 2024: a surge of buyers pushed it to $0.16. Then, as quickly as it rose, it collapsed.
Even now, the 24-hour trading volume is only about 42% of its market cap. For comparison, Bitcoin’s volume is 150%+ of its market cap. SEND’s liquidity is fragile. That’s why prices jump between exchanges. That’s why you see $0.001 on one site and $0.008 on another.
It’s not a bug. It’s a feature of micro-cap coins with no real utility.
Should You Invest in SEND?
If you’re looking for a long-term hold, SEND isn’t it. There’s no product. No team. No plan. It’s a speculative bet on a name and a chart.
But if you’re a short-term trader who understands micro-cap risk, SEND might offer volatility for quick plays. Its 7.5% weekly gain in January 2026 outperformed the broader market. That’s not nothing.
Here’s the reality check:
- Pros: Built on Solana (fast, cheap), high volatility for traders, low entry price
- Cons: No utility, no transparency, low liquidity, no team, no roadmap, only listed on minor exchanges
Only risk what you’re willing to lose. And if you do trade it, use a stop-loss. Don’t hold it in a wallet for years expecting it to “go to the moon.” It might not even survive the next bear market.
Final Thoughts
Sendcoin (SEND) is a crypto mystery. It exists. It trades. People make money on it. But no one knows why.
It’s not a scam-there’s no evidence of fraud. But it’s also not a project. It’s a token with a story that hasn’t been told. Until someone explains what the Blinks Ecosystem is, SEND remains a gamble dressed up as a coin.
If you’re curious, track it. Watch the volume. See if the price stabilizes. But don’t invest because it’s “cheap.” Invest because you understand what you’re buying. Right now, that’s the one thing no one can tell you.