Is WAGMI a scam?

Asked about WAGMI (WAGMI), market cap rank #8685.

Short answer

WAGMI (WAGMI) has been scored on isthiscoinascam.com and has a moderate score — some risk signals were raised but no critical concerns.

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

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
  • Very low on-chain liquidity

Positive signals

  • Active social media presence
  • Audit report available with positive outcome

Security audits

1 audit on record.

  • Cyberscope (2025-01-15) — pass

Team transparency

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

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