$ERA is still alive, but barely. It’s liquid enough to easily sell ($4.9m traded per day) — but nobody is building (0 commits in 4 weeks, last commit 1.6 years ago), and unissued supply hangs over the price (fully diluted valuation 5.7x the market cap) — the profile of a project in decline. The price is down 96% from its all-time high.
break-even from here: +2,260% $100 held here would need to become $2,360 just to get back — and 97 out of 100 coins that fall this deep never see their old high again.
01is anyone still building it?structural solvency / liveness0/100
Nobody appears to be building — a bad sign.
0 commits/4wk0 contributorslast commit 572d ago— development has effectively stopped.
02are holders staying or leaving?holder conviction & overhead supply15/100
Holders are leaving.
holders -95/30d · -0.5% · bin 2/10concentration HHI 0.235 · bin 2/10— holders are leaving — conviction is draining. [Infrastructure bins, provisional]
03could you actually sell?liquidity / exitability73/100
Easy enough to sell.
$4,857,362/24h · bin 7/1034.94% turnover · bin 9/10— tradeable.
04is anyone actually using it?usage / demand60/100
Genuinely used.
181 transfers/day · bin 7/10— transfer activity, not users; proxy tier — heavy on-chain movement (proxy read). [Infrastructure bins, provisional]
05how much more will be printed?supply overhang & emissions5/100
Heavy future supply hangs over the price.
17% of supply circulating · bin 1/10FDV/MC 5.7x · bin 1/10— heavy unminted/uncapped supply hangs over every holder.
06how is it doing vs similar coins?relative strength / narrative25/100
Lagging similar coins.
30d-23% · bin 3/10200d-61% · bin 3/10— lagging its peer group badly.
terms used above — hover or tap any:
03 · COMMON QUESTIONSanswers generated from this coin’s frozen readout · not advice
Is Caldera ($ERA) dead?
Not dead yet, but core systems are impaired. As of 2026-07-14, Caldera scores 31/100 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 Caldera 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 31/100 (IMPAIRED), a price 96% 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 Caldera ($ERA) 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 +2,260%. The IMPAIRED aliveness read says whether the project still works — a precondition for recovery, not a promise of it.
MEMBERS · ENGINE BOTTOM LINEthe engine’s verbatim verdict — not rendered publicly