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Is Synapse a scam?

MEDIUM RISK · 37/100

Synapse (SYN) has an automated risk score of 37/100 — medium risk. Synapse has received a risk score of 37/100 based on multiple converging risk factors. Down 98% from ATH — catastrophic collapse indicating likely exit scam. Volume is 77% of market cap — elevated, warrants monitoring.

Automated assessment · updated 19 July 2026

Synapse

Synapse

synMEDIUM
High Risk

$0.0905

-13.70% (24h)

updating live price…

Risk Assessment

37/ 100

Risk Score

MEDIUM RISK

Synapse has received a risk score of 37/100 based on multiple converging risk factors. Down 98% from ATH — catastrophic collapse indicating likely exit scam. Volume is 77% of market cap — elevated, warrants monitoring.

Here is what the public data shows about Synapse, ordered by how strongly each factor contributes to the score:

  • Price Collapse: Down 98% from ATH — catastrophic collapse indicating likely exit scam.
  • Volume Anomaly: Volume is 77% of market cap — elevated, warrants monitoring.
  • Market Cap Risk: Market cap under $100M — moderate manipulation risk.
  • Price Volatility: 13.7% swing in 24h — moderate volatility.

These are automated, opinion-based indicators from public data — not financial advice or an allegation of wrongdoing. See our methodology.

Why this asset is flagged as high-risk

The patterns below are automated, opinion-based observations from public market data. They describe statistical risk indicators — not proof of wrongdoing by any project or person.

High Risk

Multiple risk factors identified that significantly increase likelihood of investor losses

Risk Factor Breakdown

Each factor is scored independently and weighted to calculate the total risk score.

Price Collapse

Price Action

25/25

100%

Severe ATH drawdown signals exit scams, abandoned projects, or post-pump dumps

Finding: Down 98% from ATH — catastrophic collapse indicating likely exit scam

Volume Anomaly

Trading Signals

7/20

35%

Abnormal volume-to-market-cap ratio is the primary indicator of wash trading or liquidity traps

Finding: Volume is 77% of market cap — elevated, warrants monitoring

Market Cap Risk

Market Structure

3/15

20%

Small market caps can be trivially manipulated by a single large holder (whale)

Finding: Market cap under $100M — moderate manipulation risk

Supply Structure

Tokenomics

0/20

0%

Free float (circulating vs total/max supply). A low float means both future dilution from locked reserves and concentration enabling single-hand price control (estimated; verified holder data is scored separately).

Finding: ~88% free float — supply is reasonably distributed

Price Volatility

Price Action

2/15

13%

Extreme short-term price swings are a hallmark of coordinated pump-and-dump schemes

Finding: 13.7% swing in 24h — moderate volatility

On-Chain Holder Concentration

Tokenomics

0/22

0%

Verified holder data. Burn and labelled exchange, staking, bridge and LP wallets are excluded; unlabelled contracts (often team/vesting multisigs) are counted. Over 50% in the top 10 enables single-hand price control.

Finding: On-chain: the top 10 holders hold 42.4% of supply. Shown for transparency — not flagged as manipulation (below the 50% threshold, or an established protocol whose supply sits in DAO/foundation/vesting contracts)

Transparency Gaps

Transparency

0/10

0%

Legitimate projects have verifiable public websites, whitepapers, and open-source code

Finding: Basic transparency checks passed

Key Metrics

Market Cap$19.82M
24h Volume$15.25M
Vol / MCap76.9%
All-Time High$4.920
ATH Drop-98.16%
ATH Date4 years ago
Circulating Supply219.07M
Total Supply250.00M
Max Supply250.00M
7d Change
30d Change

Protect Yourself

  • • Never invest more than you can afford to lose entirely
  • • Check token concentration — if top 10 wallets hold >50%, be cautious
  • • Verify the team is public and doxxed
  • • Read the smart contract audit before buying
  • • Be wary of unrealistic APY promises
Full Guide: How to Spot Scams →

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Synapse holder-concentration history

14 daily measurements · +0 pts over the period

FraudCoins.com has measured the share of Synapse’s supply held by its top 10 non-exchange wallets on 14 days since 18 Jul 2026. The highest reading was 42.4% on 29 Jul 2026; the most recent reading is 42.4% on 1 Aug 2026.

10050050% flag threshold2026-07-182026-08-01

Composite risk score (0–100)

1005002026-07-292026-08-01
Recorded measurements (14)
Daily top-10 holder concentration readings for Synapse
Date measuredTop 10 holdAbove 50% threshold
42.4%No
42.4%No
42.4%No
42.4%No
42.4%No
42.4%No
42.4%No
42.4%No
42.4%No
42.4%No
42.4%No
42.4%No

Each row is an automated measurement taken on the date shown, using public on-chain holder data with burn and labelled exchange, staking, bridge and liquidity wallets excluded. Historical readings describe what our model measured on that date — they are not statements about the project’s conduct then or now, and are not financial advice.

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Frequently asked questions about Synapse

Is Synapse a scam?

Synapse (SYN) carries an automated risk score of 37/100, rated medium risk by FraudCoins.com. Synapse has received a risk score of 37/100 based on multiple converging risk factors. Down 98% from ATH — catastrophic collapse indicating likely exit scam. Volume is 77% of market cap — elevated, warrants monitoring. These are automated, opinion-based indicators from public market and on-chain data — not statements of fact, financial advice, or allegations of wrongdoing.

Why is Synapse flagged as medium risk?

Synapse's risk score is driven mainly by: price collapse — Down 98% from ATH — catastrophic collapse indicating likely exit scam; volume anomaly — Volume is 77% of market cap — elevated, warrants monitoring; market cap risk — Market cap under $100M — moderate manipulation risk.

Who controls Synapse's supply?

On-chain data shows the top 10 holders of Synapse hold 42.4% of the supply (burn and labelled exchange, staking and liquidity wallets excluded). This is shown for transparency and sits below our 50% manipulation-flag threshold.

Is Synapse safe to buy?

FraudCoins.com does not give buy or sell recommendations, and no cryptocurrency is safe. Synapse scores 37/100 (medium risk) on our automated risk model. Always do your own research and never invest more than you can afford to lose.

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