Is Synapse a scam?
HIGH RISK · 50/100Synapse (SYN) has an automated risk score of 50/100 — high risk. Synapse moved 39% in 24 hours on volume equal to 106% of its market cap. Sharp moves on outsized volume are a pattern associated with coordinated trading; this is a description of the market data, not a finding that such trading occurred.
Automated assessment · updated 19 July 2026
Synapse
synHIGH RISK$0.1128
+38.52% (24h)
updating live price…
Risk Assessment
Risk Score
HIGH RISK
Driven primarily by drawdown from all-time high (25 of 25 points). Every contributing factor is itemised below.
measured 2026-07-18 · 7 factors evaluated
Here is what the public data shows about Synapse, ordered by how strongly each factor contributes to the score:
- Drawdown From All-Time High: Down 98% from its all-time high — among the deepest drawdowns we measure.
- Volume Anomaly: Volume is 106% of market cap — highly suspicious, likely artificial.
- Price Volatility: 38.5% swing in 24h — severe, classic pump-and-dump signal.
- Market Cap Risk: Market cap under $100M — moderate manipulation risk.
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.
A large short-term price move on outsized volume — a pattern associated with coordinated trading
Reported volume is disproportionate to market cap — a pattern frequently associated with inflated or recycled volume
Risk Factor Breakdown
Each factor is scored independently and weighted to calculate the total risk score.
Drawdown From All-Time High
Price Action
25/25
100%
How far the price sits below its peak. Deep drawdowns are common to abandoned and post-collapse tokens, but also to assets in a prolonged bear market — on its own this measures price history, not conduct.
Volume Anomaly
Trading Signals
13/20
65%
Abnormal volume-to-market-cap ratio is the primary indicator of wash trading or liquidity traps
Market Cap Risk
Market Structure
3/15
20%
Small market caps can be trivially manipulated by a single large holder (whale)
Price Volatility
Price Action
9/15
60%
Extreme short-term price swings are a hallmark of coordinated pump-and-dump schemes
Not contributing (3): Supply Structure, On-Chain Holder Concentration, Transparency Gaps — 0 points.
Key Metrics
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
Embed Risk Badge
Writing about this coin? Embed our live risk badge — it updates automatically with each daily scan.
Community Comments
Loading comments…
What the contract allows
Ethereum · measured 2026-09-16
Synapse’s deployed contract grants its owner 1 privilege that can affect your position. These are properties of the code itself, not allegations about anyone’s conduct — many legitimate projects retain them deliberately.
Owner can mint new tokens
Supply is not fixed; new tokens can be created, diluting existing holders.
Checked and not present: change any wallet balance, pause all transfers, blacklist wallets, ownership can be reclaimed after renouncing, contract has a hidden owner.
Not answered by our source: contract can self-destruct. Treat these as unknown, not as absent.
Source code: published and verified, so the deployed bytecode can be independently reviewed.
Contract analysis from GoPlus Labs · verify on-chain. An upgradeable contract can change after this reading.
Synapse holder-concentration history
1 daily measurement · +0 pts over the period
FraudCoins.com has measured the share of Synapse’s supply held by its top 10 non-exchange wallets on 1 day since 18 Jul 2026. The highest reading was 42.4% on 18 Jul 2026; the most recent reading is 42.4% on 18 Jul 2026.
Composite risk score (0–100)
Recorded measurements (1)
| Date measured | Top 10 hold | Flagged |
|---|---|---|
| 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.
Track Synapse and 1,200+ other assets
One email when any coin newly crosses our 50% top-10 holder-concentration threshold. No account needed.
Confirmed opt-in, unsubscribe in one click. We don’t sell your data — see our privacy policy.
Frequently asked questions about Synapse
Is Synapse a scam?
We do not allege that Synapse (SYN) is a scam, and we have no evidence of wrongdoing by anyone associated with it. What we can tell you is what we measured: Its ten largest private wallets hold 42.4% of supply (exchange, staking, bridge and burn addresses excluded). That places it at 50/100 on our automated scale, which we label high risk. A high score means the asset has structural characteristics that have historically preceded losses — not that fraud has occurred. 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 high risk?
Synapse's risk score is driven mainly by: drawdown from all-time high — Down 98% from its all-time high — among the deepest drawdowns we measure; volume anomaly — Volume is 106% of market cap — highly suspicious, likely artificial; price volatility — 38.5% swing in 24h — severe, classic pump-and-dump signal.
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 50/100 (high risk) on our automated risk model. Always do your own research and never invest more than you can afford to lose.