Is Cortex a scam?
EXTREME RISK · 74/100Cortex (CX) has an automated risk score of 74/100 — extreme risk. Cortex is controlled by a very small number of wallets: On-chain: the top 10 holders control 88.1% of supply (burn and labelled exchange/staking/LP wallets excluded; team/vesting contracts counted) — extreme concentration that allows single-hand price control. With this little distribution, the price can be pinned and dumped at will — the defining trait of a market-manipulation token. Down 88% from its all-time high — anyone who bought at the peak is far underwater. 39.4% swing in 24h — severe, classic pump-and-dump signal.
Automated assessment · updated 29 August 2026
Cortex
cxEXTREME$0.0205
+39.40% (24h)
updating live price…
Risk Assessment
Risk Score
EXTREME RISK
Driven primarily by on-chain holder concentration (22 of 22 points). Every contributing factor is itemised below.
measured 2026-08-29 · 7 factors evaluated
Here is what the public data shows about Cortex, ordered by how strongly each factor contributes to the score:
- On-Chain Holder Concentration: On-chain: the top 10 holders control 88.1% of supply (burn and labelled exchange/staking/LP wallets excluded; team/vesting contracts counted) — extreme concentration that allows single-hand price control.
- Drawdown From All-Time High: Down 88% from its all-time high — anyone who bought at the peak is far underwater.
- Price Volatility: 39.4% swing in 24h — severe, classic pump-and-dump signal.
- Volume Anomaly: Very low volume (1.43% of MCap) — limited liquidity trap 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.
Price is far below its all-time high while trading with very little liquidity — a pattern common to collapsed and dormant tokens, and also to assets in a long bear market
Very low trading activity relative to size. We measure market data only and do not assess development activity
Verified on-chain: after excluding burn and labelled exchange, staking and liquidity wallets (team/vesting contracts are counted), the top 10 holders control more than half of the supply. This is direct evidence that a handful of wallets can dictate the price and dump it at will
Risk Factor Breakdown
Each factor is scored independently and weighted to calculate the total risk score.
Drawdown From All-Time High
Price Action
20/25
80%
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
8/20
40%
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)
Price Volatility
Price Action
9/15
60%
Extreme short-term price swings are a hallmark of coordinated pump-and-dump schemes
On-Chain Holder Concentration
Tokenomics
22/22
100%
Verified holder data. Burn and labelled exchange, staking, bridge and LP wallets are excluded; unlabelled contracts (often team/vesting multisigs) are counted. Over 50% in the top 10 enables single-hand price control.
Not contributing (2): Supply Structure, 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
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Community Comments
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What the contract allows
Ethereum · measured 2026-09-15
Cortex’s deployed contract grants its owner 2 privileges that can affect your position. These are properties of the code itself, not allegations about anyone’s conduct — many legitimate projects retain them deliberately.
Owner can change any wallet balance
A privileged address can alter balances directly, including reducing yours.
Owner can mint new tokens
Supply is not fixed; new tokens can be created, diluting existing holders.
Checked and not present: pause all transfers, blacklist wallets, ownership can be reclaimed after renouncing, contract has a hidden owner, contract can self-destruct.
Source code: published and verified, so the deployed bytecode can be independently reviewed.
Contract analysis from GoPlus Labs · verify on-chain. An upgradeable contract can change after this reading.
How we counted holders here
None of Cortex’s ten largest holders matched a labelled exchange, market-maker, treasury or vesting, liquidity-pool, staking, bridge, multisig or burn address, so the 88.1% we report is simply the plain top-10 share. On many tokens a large share of supply sits in custodial or burn addresses and has to be separated out first; on this one it does not.
Classification applied to the 100 holder records returned for this contract; 99 remained after exclusions · measured 2026-08-29. Custodial wallets are identified by public address labels, so an unlabelled one may still be counted as private — this correction is a floor, not a guarantee.
Cortex holder-concentration history
4 daily measurements · -0.5 pts over the period
FraudCoins.com has measured the share of Cortex’s supply held by its top 10 non-exchange wallets on 4 days since 18 Jul 2026. The highest reading was 88.6% on 18 Jul 2026; the most recent reading is 88.1% on 29 Aug 2026.
Composite risk score (0–100)
Recorded measurements (4)
| Date measured | Top 10 hold | Flagged |
|---|---|---|
| 88.1% | Yes | |
| 88.1% | Yes | |
| 88.5% | Yes | |
| 88.6% | Yes |
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.
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Frequently asked questions about Cortex
Is Cortex a scam?
We do not allege that Cortex (CX) is a scam, and we have no evidence of wrongdoing by anyone associated with it. What we can tell you is what we measured: Its ten largest private wallets hold 88.1% of supply (exchange, staking, bridge and burn addresses excluded). That places it at 74/100 on our automated scale, which we label extreme 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 Cortex flagged as extreme risk?
Cortex's risk score is driven mainly by: on-chain holder concentration — On-chain: the top 10 holders control 88.1% of supply (burn and labelled exchange/staking/LP wallets excluded; team/vesting contracts counted) — extreme concentration that allows single-hand price control; drawdown from all-time high — Down 88% from its all-time high — anyone who bought at the peak is far underwater; price volatility — 39.4% swing in 24h — severe, classic pump-and-dump signal.
Who controls Cortex's supply?
On-chain data shows the top 10 holders of Cortex control 88.1% of the supply, after excluding burn and labelled exchange, staking, bridge and liquidity wallets. At that level, a small number of wallets can move the price at will and sell their position at once.
Is Cortex safe to buy?
FraudCoins.com does not give buy or sell recommendations, and no cryptocurrency is safe. Cortex scores 74/100 (extreme risk) on our automated risk model. Always do your own research and never invest more than you can afford to lose.