$IR is still alive, but barely. It’s liquid enough to easily sell ($1.5m traded per day) — but it’s falling behind similar coins (down 20% over 30 days, down 91% over 200 days), and holders are leaving (-55 in 30 days, -0.6%) — the profile of a project in decline. The price is down 95% from its all-time high.
break-even from here: +2,060% $100 held here would need to become $2,160 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 / liveness31/100
Someone is still building, but activity is thin.
0 commits/4wk0 contributorslast commit 33d ago— development is slowing.
02are holders staying or leaving?holder conviction & overhead supply15/100
Holders are leaving.
holders -55/30d · -0.6% · bin 2/10— holders are leaving — conviction is draining. [DeFi / Protocol bins, provisional]
03could you actually sell?liquidity / exitability77/100
Easy enough to sell.
$1,539,019/24h · bin 7/1053.50% turnover · bin 10/10— tradeable.
04is anyone actually using it?usage / demandPENDING
PENDING V1
can’t measure this honestly yet, so it doesn’t count toward the score — we don’t fake numbers.
05how much more will be printed?supply overhang & emissions15/100
Heavy future supply hangs over the price.
20% of supply circulating · bin 2/10FDV/MC 4.9x · bin 2/10— heavy unminted/uncapped supply hangs over every holder.
06how is it doing vs similar coins?relative strength / narrative10/100
Lagging similar coins.
30d-20% · bin 2/10200d-91% · bin 1/10— lagging its peer group badly.
terms used above — hover or tap any:
03 · COMMON QUESTIONSanswers generated from this coin’s frozen readout · not advice
Is Infrared Finance ($IR) dead?
Not dead yet, but core systems are impaired. As of 2026-07-14, Infrared Finance scores 33/100 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 Infrared Finance 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 33/100 (IMPAIRED), a price 95% 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 Infrared Finance ($IR) 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 +2,060%. 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
