Is Degen a scam?
Asked about Degen (DEGEN), market cap rank #393.
Short answer
Degen (DEGEN) 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
- Low economic security
- No recent code commits
- No hard cap on total token supply
Team transparency
The Degen team is anonymous — public identities are not on record.
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