Is Cherry Network a scam?

Asked about Cherry Network (CHER).

Short answer

Cherry Network (CHER) has been scored on isthiscoinascam.com and has a moderate score — some risk signals were raised but no critical concerns.

Source: isthiscoinascam.com · Updated 2026-05-04

Red flags raised

  • No hard cap on total token supply
  • Upgradable proxy
  • Very few unique holders
  • Very low on-chain liquidity

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