Is Coinbase xStock a scam?

Asked about Coinbase xStock (COINX), market cap rank #1561.

Short answer

Coinbase xStock (COINX) has been scored on isthiscoinascam.com and has a moderate score — some risk signals were raised but no critical concerns.

Source: isthiscoinascam.com · Updated 2026-06-07

Red flags raised

  • 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
  • Less than 50% of supply is circulating
  • Upgradable proxy
  • Very few unique holders

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