Is Mega Yacht Cult a scam?

Asked about Mega Yacht Cult (MYC).

Short answer

Mega Yacht Cult (MYC) has been scored on isthiscoinascam.com and has a low score, indicating elevated scam risk based on the available data.

Source: isthiscoinascam.com · Updated 2026-06-05

Red flags raised

  • Team is anonymous
  • Not listed on any high-trust exchange
  • 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

Team transparency

The Mega Yacht Cult team is anonymous — public identities are not on record.

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