Is Midas mHYPER a scam?

Asked about Midas mHYPER (MHYPER), market cap rank #626.

Short answer

Midas mHYPER (MHYPER) 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 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
  • Upgradable proxy
  • Very low on-chain liquidity

Team transparency

The Midas mHYPER team is anonymous — public identities are not on record.

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