Is Alchemist a scam?
Asked about Alchemist (MIST), market cap rank #3455.
Short answer
Alchemist (MIST) has been scored on isthiscoinascam.com and has a moderate score — some risk signals were raised but no critical concerns.
Source: isthiscoinascam.com · Updated 2026-05-09
Red flags raised
- Team is anonymous
- Token supply can be minted by the owner
- Trading volume is near zero
- Not listed on any high-trust exchange
- No recent code commits
- No hard cap on total token supply
- A single wallet holds over 10% of supply
- Top 10 wallets hold more than 50% of supply
- Top 10 wallets hold more than 70% of supply
- Very low on-chain liquidity
Security audits
1 audit on record.
- Cyberscope (2026-01-01) — pass
Team transparency
The Alchemist team is anonymous — public identities are not on record.
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