$GMX is alive, but fading. Multiple systems are weakening: holders are staying put (-50 in 30 days), and it’s genuinely used (1,269 transfers/day), though little dilution risk left (79% of supply circulating, fully diluted valuation 1.0x the market cap). The price is down 94% from its all-time high.
label capped: score says STRAINED, but coins down 94% don’t earn better labels than WEAKENING. why?
break-even from here: +1,510% $100 held here would need to become $1,610 just to get back — and 92 out of 100 coins that fall this deep never see their old high again.
02are holders staying or leaving?holder conviction & overhead supply35/100
Holders are staying put.
holders -50/30d · -0.0% · bin 4/10— holder base is holding steady. [DeFi / Protocol bins, provisional]
03could you actually sell?liquidity / exitability67/100
Easy enough to sell.
$2,073,042/24h · bin 8/103.51% turnover · bin 6/10— tradeable.
04is anyone actually using it?usage / demand60/100
Genuinely used.
1,269 transfers/day · bin 9/10— transfer activity, not users; proxy tier — heavy on-chain movement (proxy read). [DeFi / Protocol bins, provisional]
05how much more will be printed?supply overhang & emissions75/100
Little dilution risk left.
79% of supply circulating · bin 7/10FDV/MC 1.0x · bin 9/10— limited dilution risk.
06how is it doing vs similar coins?relative strength / narrative60/100
Outperforming similar coins.
30d+1% · bin 7/10200d-32% · bin 6/10— outperforming its peer group.
terms used above — hover or tap any:
03 · COMMON QUESTIONSanswers generated from this coin’s frozen readout · not advice
Is GMX ($GMX) dead?
Not dead, but fading. As of 2026-07-14, GMX scores 60/100 on bagcheck’s structural aliveness scan — WEAKENING. Multiple systems are weakening. Aliveness measures whether the project still works, not whether the price recovers.
Is GMX 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 60/100 (WEAKENING), a price 94% below its all-time high, a drawdown cohort (down 85-95%) in which historically only ~8% of coins ever reclaimed their high. What you do with that is yours.
Will GMX ($GMX) recover?
Nobody can predict price, and bagcheck doesn’t try. Historically, of coins down 85-95% (3-year window), about 8% reclaimed their all-time high; break-even to ATH from the scan price needs +1,510%. The WEAKENING 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
