Is WAXE a scam?
Asked about WAXE (WAXE).
Short answer
WAXE (WAXE) has been scored on isthiscoinascam.com and has a low score, indicating elevated scam risk based on the available data.
Source: isthiscoinascam.com · Updated 2026-06-05
Red flags raised
- Team is anonymous
- 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 WAXE team is anonymous — public identities are not on record.
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