$ALCX

Alchemix ·
archetype: defi / protocol

$ALCX is still alive, but barely. Holders are adding 100% below the high (+522 in 30 days, +3.6%) — but it’s falling behind similar coins (down 44% over 30 days, down 75% over 200 days) — the profile of a project in decline. The price is down 100% from its all-time high.

label capped: score says WEAKENING, but coins down 100% don’t earn better labels than IMPAIRED. why?

52/100
HIGH
−100%
$1.97
7/10 above peers
01 · RECLAIM OUTLOOK — WILL THE PRICE COME BACK?
PRICE $1.97 ATH $2,066 (MAR 2021) DRAWDOWN −99.9% RECLAIM 1,049×
break-even from here: +104,780% $100 held here would need to become $104,880 just to get back — and 97 out of 100 coins that fall this deep never see their old high again.
02 · STRUCTURE — 6 MEASURED scores 0–100 · peer bins cited vs 2538 scored peers
01 is anyone still building it? structural solvency / liveness 33/100

Someone is still building, but activity is thin.

0 commits/4wk0 contributorslast commit 3d ago — development is slowing.
02 are holders staying or leaving? holder conviction & overhead supply 82/100

Holders are adding, even down here.

holders +522/30d · +3.6% · bin 9/10concentration HHI 0.057 · bin 8/10 — holders are accumulating against the drawdown. [DeFi / Protocol bins, provisional]
03 could you actually sell? liquidity / exitability 59/100

You could sell, but it would sting.

$188,212/24h · bin 6/103.77% turnover · bin 7/10 — liquidity is light for its class.
04 is anyone actually using it? usage / demand 59/100

Some real usage.

86 active addresses/day · bin 6/1030d trend -0.7% · bin 7/10data lagged 31d · provider tier — usage is holding. [DeFi / Protocol bins, provisional]
05 how much more will be printed? supply overhang & emissions 55/100

Meaningful dilution still to come.

80% of supply circulating · bin 7/10FDV/MC 1.3x · bin 6/10no max supply — meaningful dilution still to come — uncapped supply (perpetual emission risk, capped).
06 how is it doing vs similar coins? relative strength / narrative 10/100

Lagging similar coins.

30d -44% · bin 1/10200d -75% · bin 2/10 — lagging its peer group badly.
terms used above — hover or tap any:
03 · COMMON QUESTIONS answers generated from this coin’s frozen readout · not advice

Is Alchemix ($ALCX) dead?

Not dead yet, but core systems are impaired. As of 2026-07-14, Alchemix scores 52/100 on bagcheck’s structural aliveness scan — IMPAIRED. Core systems are impaired — this looks like a project in decline. Aliveness measures whether the project still works, not whether the price recovers.

Is Alchemix a good investment?

bagcheck doesn’t rate investments — this is information, not advice. What the frozen record shows as of 2026-07-14: a structural aliveness score of 52/100 (IMPAIRED), a price 100% below its all-time high, a drawdown cohort (down 95%+) in which historically only ~3% of coins ever reclaimed their high. What you do with that is yours.

Will Alchemix ($ALCX) recover?

Nobody can predict price, and bagcheck doesn’t try. Historically, of coins down 95%+ (3-year window), about 3% reclaimed their all-time high; break-even to ATH from the scan price needs +104,780%. The IMPAIRED aliveness read says whether the project still works — a precondition for recovery, not a promise of it.

MEMBERS · ENGINE BOTTOM LINE the engine’s verbatim verdict — not rendered publicly
SAME SHELF — DEFI / PROTOCOL all 335 defi / protocol coins →
bagcheck v0.17.1 · snapshot 2026-07-14 v16 · scored monthly · batch of 2026-07-14 · frozen JSON ⇩ sha256 a88c…b940 Information, not advice.