Is Merchant a scam?
Asked about Merchant (MTO), market cap rank #2448.
Short answer
Merchant (MTO) 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
- Team is anonymous
- Trading volume is near zero
- Not listed on any high-trust exchange
- No recent code commits
- A single wallet holds over 10% of supply
- Top 10 wallets hold more than 50% of supply
- Very low on-chain liquidity
Positive signals
- Verified and open-source smart contract
- Hard cap on token supply
- Positive community sentiment
Team transparency
The Merchant team is anonymous — public identities are not on record.
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