$GP is still alive, but barely. It’s outperforming similar coins (up 28% over 30 days, down 45% over 200 days) — but holders are leaving (-103 in 30 days, -1.0%) — the profile of a project in decline. The price is down 98% from its all-time high.
break-even from here: +4,320% $100 held here would need to become $4,420 just to get back — and 97 out of 100 coins that fall this deep never see their old high again.
LOW confidence — factors most predictive for Infrastructure assets aren't all wired. Structural read is partial.
01is anyone still building it?structural solvency / livenessPENDING
PENDING V1
can’t measure this honestly yet, so it doesn’t count toward the score — we don’t fake numbers.
02are holders staying or leaving?holder conviction & overhead supply24/100
Holders are leaving.
holders -103/30d · -1.0% · bin 1/10concentration HHI 0.071 · bin 8/10— holders are leaving — conviction is draining. [Infrastructure bins, provisional]
03could you actually sell?liquidity / exitability35/100
You could sell, but it would sting.
$126,438/24h · bin 4/102.34% turnover · bin 4/10— liquidity is light for its class.
04is anyone actually using it?usage / demandPENDING
PENDING V1
can’t measure this honestly yet, so it doesn’t count toward the score — we don’t fake numbers.
05how much more will be printed?supply overhang & emissions35/100
Meaningful dilution still to come.
23% of supply circulating · bin 3/10FDV/MC 1.7x · bin 5/10— meaningful dilution still to come.
06how is it doing vs similar coins?relative strength / narrative70/100
Outperforming similar coins.
30d+28% · bin 10/10200d-45% · bin 5/10— outperforming its peer group.
terms used above — hover or tap any:
03 · COMMON QUESTIONSanswers generated from this coin’s frozen readout · not advice
Is Graphite Protocol ($GP) dead?
Not dead yet, but core systems are impaired. As of 2026-07-14, Graphite Protocol scores 38/100 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 Graphite 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 38/100 (IMPAIRED), a price 98% 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 Graphite Protocol ($GP) 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 +4,320%. 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
