Can $SEND, centered around Solana Blink, replicate the success of $DEGEN?
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Can $SEND, centered around Solana Blink, replicate the success of $DEGEN?
Whoever pleases the community gains liquidity and attention.
Navigating Web3 tides with focused insightsBy TechFlow
Two weeks ago, Solana's Blink went viral.
We previously covered this in detail in "Understanding Solana Blink: Embedding On-Chain Actions into Social Media – Is the Endgame Always Socialization?":
Blink enables on-chain functions to be embedded directly into Twitter, allowing users to perform various on-chain actions such as swaps, mints, and donations with a single click on a tweet.
However, at that time, Blink was merely demonstrating what it *could* do—the "how" was left open for the community and developers to explore.
Therefore, we should pay close attention to new projects building around Blink.
Speed is crucial. Within days of Blink’s release, an account named SEND (@thesendcoin) appeared fully prepared, vividly showcasing over 50 practical use cases for Blink with remarkable clarity and realism.
I haven’t even started researching yet—how did you already have polished use cases ready?
Even more coincidentally, Blink was officially launched on the 25th; SEND’s official account began hinting on the 24th: “Big things coming for Solana this week, don’t blink, send it.”
It might as well have said outright: “I knew about Blink all along.”
Another point impossible to ignore: Solana co-founder Toly currently has pinned a tweet from the SEND team listing 100 Blink use cases—an overt endorsement of the project. Combined with SEND’s seemingly prescient post, it’s hard not to suspect official backing.
You thought this was purely technical? There’s definitely degen appeal here too.
What you might not know is that just a week ago, SEND rolled out a feature allowing users to mint NFTs directly via a Twitter button. Holders of these NFTs are eligible for future $SEND token airdrops.
The SEND project description already clearly states: SEND will be a community token supporting Solana’s Blink ecosystem.
Remember how Warpcast had no native token, but spawned community meme tokens like $DEGEN?
Will the same path unfold—Farcaster → CAST functionality → $DEGEN—now repeat with Blink functionality → $SEND?
100,000 NFTs, FOMO Swept Away in Seconds
To support the Blink ecosystem, SEND first set an example—and simultaneously created a speculative FOMO event.
On July 3rd, SEND posted directly on X, launching 100,000 “Send It” series NFTs, enabling users to click a Collect button right within X to mint using Blink functionality.
With Phantom wallet’s “Allow ACTIONS on X.com” feature (the technical framework supporting Blink), users could easily mint these NFTs.
Additionally, SEND announced that each NFT holder would receive a chance to win a prize of 6.9 SOL, plus access to additional undisclosed airdrop rewards.
Given that SEND also has its own “community token $SEND,” these undisclosed airdrops are very likely tied directly to the $SEND token.
With several gold-rush elements combined, FOMO naturally spiked—the Send It NFTs sold out quickly. At the time of writing, the floor price on Tensor sits around 0.42 SOL.
Clearly, SEND knows how to create hype. After the NFTs were minted out, they promptly posted a Blink-enabled link stating: “You can’t mint anymore—but you can still trade it,” offering one-click purchasing of the NFT.
At this point, “Send It” became even more speculative—the implied message being: drive the NFT floor price through the roof.
With solid tech, compelling use cases, and savvy marketing, SEND around Blink strongly echoes the early days of Warpcast, when app-born meme tokens like DEGEN took off.
From the Community, Back to the Community
Currently, SEND’s website is extremely minimal, revealing no further details about its token or underlying organization.
Yet, judging by its stated purpose and demonstrated use cases, SEND primarily aims to serve the future Blink ecosystem and its developers.
In the long-form tweet mentioned earlier listing over 100 Blink use cases, SEND explicitly invites other developers to implement similar use cases and encourages them to reach out.
This effectively says: I’ve shown what’s possible, and I welcome collaboration to co-build the Blink ecosystem.
Anyone who’s been in crypto long enough knows that sheer technical brilliance and determination alone won’t make you stand out in a world of limited and fickle attention. To succeed, you must leave room for token-related speculation.
SEND clearly embodies this principle—it’s not just altruistically building tech and supporting the ecosystem. It also has its own $SEND token, which is already deeply rooted in the community.
While no official partnership model has been disclosed, we can reasonably speculate: Will projects collaborating with SEND on Blink use cases receive $SEND token rewards?
And will users who engage with these use cases also be rewarded with $SEND?
This mirrors tokens like $DEGEN/$CAST/meme coins born within Farcaster/Warpcast:
All these tokens serve as the best reward for early ecosystem builders and participants.
The difference is that meme tokens like $DEGEN grew through user-side engagement—users get rewarded simply by being active. SEND, however, appears to incentivize both sides: developers building Blink use cases and users interacting with them could both earn $SEND tokens.
From the community, back to the community.
People don’t mind tokens appearing out of thin air—they only object when they’re excluded from the benefits.
Leveraging this psychology, SEND’s model is clearly sustainable—and will gain network effects as more people use Blink and share their airdrop experiences.
Still, with Farcaster hitting all-time highs in daily active users, and TON’s “Black and White Dog” instantly gaining a million followers, it’s hard to predict who’s a flash in the pan and who will prevail.
But one thing is certain:
Whoever wins the community’s favor gains liquidity and attention.
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