Is Reach a scam?
Asked about Reach ($REACH).
Short answer
Reach ($REACH) has been scored on isthiscoinascam.com and has a moderate score — some risk signals were raised but no critical concerns.
Source: isthiscoinascam.com · Updated 2026-06-03
Red flags raised
- Team is anonymous
- A single wallet holds over 10% of supply
- Slippage modifiable
- Top 10 wallets hold more than 50% of supply
- Top 10 wallets hold more than 70% of supply
- Very low on-chain liquidity
Positive signals
- The project has a whitepaper detailing its objectives and mechanisms.
- The project has a GitHub repository indicating active development.
Team transparency
The Reach team is anonymous — public identities are not on record.
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