FraudCoins.com

Is Mask Network a scam?

MEDIUM RISK · 31/100

Mask Network (MASK) has an automated risk score of 31/100 — medium risk. No single factor dominates Mask Network's assessment — the score reflects several converging measurements. Down 99% from its all-time high — among the deepest drawdowns we measure. Market cap under $100M — moderate manipulation risk.

Automated assessment · updated 30 August 2026

Mask Network

Mask Network

maskMEDIUM
High Risk

$0.4236

-7.48% (24h)

updating live price…

Risk Assessment

31/100

Risk Score

MEDIUM RISK

Driven primarily by drawdown from all-time high (25 of 25 points). Every contributing factor is itemised below.

measured 2026-08-30 · 7 factors evaluated

Here is what the public data shows about Mask Network, ordered by how strongly each factor contributes to the score:

  • Drawdown From All-Time High: Down 99% from its all-time high — among the deepest drawdowns we measure.
  • Market Cap Risk: Market cap under $100M — moderate manipulation risk.
  • Price Volatility: 7.5% swing in 24h — moderate volatility.
  • Volume Anomaly: Volume at 13.2% of market cap — within normal range.

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.

High Risk

Multiple risk factors identified that significantly increase likelihood of investor losses

Risk Factor Breakdown

Each factor is scored independently and weighted to calculate the total risk score.

Drawdown From All-Time High

Price Action

25/25

100%

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.

Finding: Down 99% from its all-time high — among the deepest drawdowns we measure

Volume Anomaly

Trading Signals

1/20

5%

Abnormal volume-to-market-cap ratio is the primary indicator of wash trading or liquidity traps

Finding: Volume at 13.2% of market cap — within normal range

Market Cap Risk

Market Structure

3/15

20%

Small market caps can be trivially manipulated by a single large holder (whale)

Finding: Market cap under $100M — moderate manipulation risk

Price Volatility

Price Action

2/15

13%

Extreme short-term price swings are a hallmark of coordinated pump-and-dump schemes

Finding: 7.5% swing in 24h — moderate volatility

Not contributing (3): Supply Structure, On-Chain Holder Concentration, Transparency Gaps — 0 points.

Key Metrics

Market Cap$42.36M
24h Volume$5.58M
Vol / MCap13.2%
All-Time High$41.45
ATH Drop-98.98%
ATH Date5 years ago
Circulating Supply100.00M
Total Supply100.00M
Max Supply100.00M
7d Change
30d Change

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
Full Guide: How to Spot Scams →

Embed Risk Badge

Writing about this coin? Embed our live risk badge — it updates automatically with each daily scan.

FraudCoins risk badge preview

Community Comments

Be respectful. Comments are public and reflect users’ own opinions, not FraudCoins.

Loading comments…

What the contract allows

Ethereum · measured 2026-09-09

We checked Mask Network’s deployed contract for all 7 owner privileges below and found none of them. This describes the code only — it says nothing about the team, the treasury, or how the supply is distributed.

Checked and not present: change any wallet balance, pause all transfers, blacklist wallets, mint new tokens, 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

Ten largest wallets

59.2%

including custodial

Largest private wallets

41.5%

after excluding 3

3 of Mask Network’s ten largest holders are labelled exchange, market-maker, treasury or vesting, liquidity-pool, staking, bridge, multisig or burn addresses — supply that is custodied, pooled or destroyed rather than sitting in one person’s wallet. Separating them out moves the top-10 figure by 17.7 points. We report the private-wallet figure because that is the supply someone can actually choose to sell today.

Wallets excluded from the top 10

AddressClassified asLabelShare
0xf977…acecExchange walletBinance 813.16%
0xfc75…2b49Exchange walletBithumb · Bithumb: Hot Wallet5.56%
0x5a52…efcbExchange walletBinance · Binance 284.39%

Classification applied to the 100 holder records returned for this contract; 84 remained after exclusions · measured 2026-08-30. 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.

Mask Network holder-concentration history

1 daily measurement · +0 pts over the period

FraudCoins.com has measured the share of Mask Network’s supply held by its top 10 non-exchange wallets on 1 day since 30 Aug 2026. The highest reading was 41.5% on 30 Aug 2026; the most recent reading is 41.5% on 30 Aug 2026.

Composite risk score (0–100)

1005002026-07-292026-09-16
Recorded measurements (1)
Daily top-10 holder concentration readings for Mask Network
Date measuredTop 10 holdFlagged
41.5%No

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.

Track Mask Network 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 Mask Network

Is Mask Network a scam?

We do not allege that Mask Network (MASK) 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 41.5% of supply (exchange, staking, bridge and burn addresses excluded). That places it at 31/100 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 Mask Network flagged as medium risk?

Mask Network's risk score is driven mainly by: drawdown from all-time high — Down 99% from its all-time high — among the deepest drawdowns we measure; market cap risk — Market cap under $100M — moderate manipulation risk; price volatility — 7.5% swing in 24h — moderate volatility.

Who controls Mask Network's supply?

On-chain data shows the top 10 holders of Mask Network hold 41.5% of the supply (burn and labelled exchange, staking and liquidity wallets excluded). This is shown for transparency and sits below our 50% manipulation-flag threshold.

Is Mask Network safe to buy?

FraudCoins.com does not give buy or sell recommendations, and no cryptocurrency is safe. Mask Network scores 31/100 (medium risk) on our automated risk model. Always do your own research and never invest more than you can afford to lose.

Other coins flagged for similar risks