Social Send (SEND) is a crypto project with zero circulating supply and $0 trading volume-clear signs of a scam. Learn why it's not a real exchange or investment, and how to spot similar fake tokens.
Zero Circulating Supply Crypto: What It Means and Why It’s a Red Flag
When a crypto project claims to have a zero circulating supply, a condition where no tokens are available for trading or use by the public. Also known as zero supply, it usually means the token hasn’t been released yet—or worse, it never will be. This isn’t just a technical detail. It’s a warning sign. If no one can buy, sell, or use the token, it has no real market. No liquidity. No price. No reason to exist beyond a listing on a sketchy website.
Many meme coins, tokens created for viral appeal with no underlying utility or team. Also known as pump-and-dump coins, they often launch with zero circulating supply, then fake price charts to lure in buyers. Take Based Peaches (PEACH), a token on the Base chain with a price listed but zero actual trading volume. Also known as zero-value meme coin, it’s a perfect example: the token exists on paper, but no one holds it, trades it, or cares about it. The same goes for projects like Wrapped TAO (WTAO), a bridged version of TAO that’s controlled by a single person and locked in a wallet with no public access. Also known as centralized wrapped token, it’s technically circulating, but functionally useless to most users.
Behind every zero circulating supply token is usually one of three things: a scam, a failed launch, or a placeholder for a future airdrop that never comes. Look at the DMC airdrop, a fake campaign pretending to be from DMEX Global. Also known as phantom airdrop, it tricked people into connecting wallets, hoping to steal crypto. Or the Zenith Coin, a 2020 project that vanished, leaving behind fake clones like Zenith NT and ZenithX. Also known as zombie crypto, it still shows up on coin trackers with made-up prices. These aren’t investments. They’re digital ghosts.
You’ll find these tokens in airdrop scams, fake exchange listings, and meme coin hype cycles. They rely on one thing: your hope. Hope that this time, it’s different. That the team will unlock supply. That the price will pump. But history shows otherwise. The posts below expose these exact patterns—how fake airdrops work, why some tokens have no liquidity, and how exchanges like COINBIG or Domitai appear legit but offer nothing real. You’ll see how to spot a token with zero supply before you lose money. And you’ll learn what real crypto projects look like when they actually have users, not just listings.