Is World Mobile Token a scam?

Asked about World Mobile Token (WMTX), market cap rank #568.

Short answer

World Mobile Token (WMTX) 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
  • Token supply can be minted by the owner
  • 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
  • Less than 50% of supply is circulating

Positive signals

  • Comprehensive smart contract audit conducted by Hacken with a perfect security score.
  • Prompt response to social media security breach in 2023.

Security audits

1 audit on record.

  • Hacken (2024-01-01) — pass

Team transparency

The World Mobile Token team is anonymous — public identities are not on record.

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