$BEL

Bella Protocol ·
archetype: defi / protocol

$BEL is still alive, but barely. It’s liquid enough to easily sell ($6.6m traded per day) — but barely used (14 active addresses/day) — the profile of a project in decline. The price is down 99% from its all-time high.

label capped: score says STRAINED, but coins down 99% don’t earn better labels than IMPAIRED. why?

64/100
MEDIUM
−99%
$0.1068
9/10 top tier
01 · RECLAIM OUTLOOK — WILL THE PRICE COME BACK?
PRICE $0.1068 ATH $9.99 (SEP 2020) DRAWDOWN −99.0% RECLAIM 93.5×
break-even from here: +9,250% $100 held here would need to become $9,350 just to get back — and 97 out of 100 coins that fall this deep never see their old high again.
02 · STRUCTURE — 5 MEASURED · 1 PENDING scores 0–100 · peer bins cited vs 2538 scored peers
01 is anyone still building it? structural solvency / liveness PENDING
PENDING V1

can’t measure this honestly yet, so it doesn’t count toward the score — we don’t fake numbers.

02 are holders staying or leaving? holder conviction & overhead supply 74/100

Holders are adding, even down here.

holders +110/30d · +4.0% · bin 9/10concentration HHI 0.165 · bin 5/10 — holders are accumulating against the drawdown. [DeFi / Protocol bins, provisional]
03 could you actually sell? liquidity / exitability 89/100

Easy enough to sell.

$6,601,278/24h · bin 9/1078.11% turnover · bin 10/10 — tradeable.
04 is anyone actually using it? usage / demand 25/100

Barely used.

14 active addresses/day · bin 3/10data lagged 31d · provider tier — usage is draining away. [DeFi / Protocol bins, provisional]
05 how much more will be printed? supply overhang & emissions 60/100

Little dilution risk left.

80% of supply circulating · bin 7/10FDV/MC 1.2x · bin 6/10 — limited dilution risk.
06 how is it doing vs similar coins? relative strength / narrative 80/100

Outperforming similar coins.

30d +29% · bin 10/10200d -16% · bin 7/10 — outperforming its peer group.
terms used above — hover or tap any:
03 · COMMON QUESTIONS answers generated from this coin’s frozen readout · not advice

Is Bella Protocol ($BEL) dead?

Not dead yet, but core systems are impaired. As of 2026-07-14, Bella Protocol scores 64/100 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 Bella Protocol 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 64/100 (IMPAIRED), a price 99% 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 Bella Protocol ($BEL) 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 +9,250%. 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 96fa…c38c Information, not advice.