Is Cluster Protocol a scam?
MEDIUM RISK · 41/100Cluster Protocol (CP) has an automated risk score of 41/100 — medium risk. Cluster Protocol reported 24-hour volume equal to 116% of its entire market capitalisation. Turnover above 100% of market cap is frequently associated with inflated or recycled volume; we measure the ratio only and cannot attribute it to any party.
Automated assessment · updated 16 September 2026
Cluster Protocol
cpMEDIUM$0.0124
-3.84% (24h)
updating live price…
Risk Assessment
Risk Score
MEDIUM RISK
Driven primarily by volume anomaly (13 of 20 points). Every contributing factor is itemised below.
measured 2026-09-16 · 6 factors evaluated
Here is what the public data shows about Cluster Protocol, ordered by how strongly each factor contributes to the score:
- Volume Anomaly: Volume is 116% of market cap — highly suspicious, likely artificial.
- Drawdown From All-Time High: Down 73% from its all-time high — a major sustained decline.
- Supply Structure: 27.4% circulating (~73% off-market) — significant future unlocks and concentration risk.
- Market Cap Risk: Market cap under $100M — moderate manipulation risk.
These are automated, opinion-based indicators from public data — not financial advice or an allegation of wrongdoing. See our methodology.
Why this asset is flagged as high-risk
The patterns below are automated, opinion-based observations from public market data. They describe statistical risk indicators — not proof of wrongdoing by any project or person.
Reported volume is disproportionate to market cap — a pattern frequently associated with inflated or recycled volume
A small number of insider/team wallets control most of the supply (very low free float). This allows single-hand price control — pinning the price high to drain leveraged short positions via funding, then dumping the entire position for a sudden 90%+ collapse
Risk Factor Breakdown
Each factor is scored independently and weighted to calculate the total risk score.
Drawdown From All-Time High
Price Action
14/25
56%
How far the price sits below its peak. Deep drawdowns are common to abandoned and post-collapse tokens, but also to assets in a prolonged bear market — on its own this measures price history, not conduct.
Volume Anomaly
Trading Signals
13/20
65%
Abnormal volume-to-market-cap ratio is the primary indicator of wash trading or liquidity traps
Market Cap Risk
Market Structure
3/15
20%
Small market caps can be trivially manipulated by a single large holder (whale)
Supply Structure
Tokenomics
11/20
55%
Free float (circulating vs total/max supply). A low float means both future dilution from locked reserves and concentration enabling single-hand price control (estimated; verified holder data is scored separately).
Not contributing (2): Price Volatility, Transparency Gaps — 0 points.
Key Metrics
Protect Yourself
- • Never invest more than you can afford to lose entirely
- • Check token concentration — if top 10 wallets hold >50%, be cautious
- • Verify the team is public and doxxed
- • Read the smart contract audit before buying
- • Be wary of unrealistic APY promises
Embed Risk Badge
Writing about this coin? Embed our live risk badge — it updates automatically with each daily scan.
Community Comments
Loading comments…
Cluster Protocol holder-concentration history
0 daily measurements
FraudCoins.com has recorded 14 daily measurements for Cluster Protocol since 3 Sept 2026.
Composite risk score (0–100)
Each row is an automated measurement taken on the date shown, using public on-chain holder data with burn and labelled exchange, staking, bridge and liquidity wallets excluded. Historical readings describe what our model measured on that date — they are not statements about the project’s conduct then or now, and are not financial advice.
No on-chain holder measurement for Cluster Protocol
The score above is derived from public market data only. We have not measured this asset’s top-10 holder concentration — our on-chain scan covers ERC-20-style tokens on seven EVM chains above $50M market cap, so native coins (such as Bitcoin) and tokens on unsupported chains are out of scope. The absence of a concentration figure is not a clean bill of health — it means the check was not performed.
You can run the same analysis yourself on any contract address with our free token checker, or read exactly what we measure in the methodology.
Track Cluster Protocol and 1,200+ other assets
One email when any coin newly crosses our 50% top-10 holder-concentration threshold. No account needed.
Confirmed opt-in, unsubscribe in one click. We don’t sell your data — see our privacy policy.
Frequently asked questions about Cluster Protocol
Is Cluster Protocol a scam?
We do not allege that Cluster Protocol (CP) is a scam, and we have no evidence of wrongdoing by anyone associated with it. What we can tell you is what we measured: We have no on-chain holder measurement for it, so the score is based on market data alone. That places it at 41/100 on our automated scale, which we label medium risk. A high score means the asset has structural characteristics that have historically preceded losses — not that fraud has occurred. These are automated, opinion-based indicators from public market and on-chain data — not statements of fact, financial advice, or allegations of wrongdoing.
Why is Cluster Protocol flagged as medium risk?
Cluster Protocol's risk score is driven mainly by: volume anomaly — Volume is 116% of market cap — highly suspicious, likely artificial; drawdown from all-time high — Down 73% from its all-time high — a major sustained decline; supply structure — 27.4% circulating (~73% off-market) — significant future unlocks and concentration risk.
Is Cluster Protocol safe to buy?
FraudCoins.com does not give buy or sell recommendations, and no cryptocurrency is safe. Cluster Protocol scores 41/100 (medium risk) on our automated risk model. Always do your own research and never invest more than you can afford to lose.