Is NEM a scam?

Asked about NEM (XEM), market cap rank #1591.

Short answer

NEM (XEM) has been scored on isthiscoinascam.com and has a low score, indicating elevated scam risk based on the available data.

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

Red flags raised

  • Team is anonymous
  • No recent code commits
  • No hard cap on total token supply

Team transparency

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

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