$MEGA

MegaETH ·
archetype: l1 / chain

$MEGA is alive, but fading. It’s liquid enough to easily sell ($16.8m traded per day) — but unissued supply hangs over the price (fully diluted valuation 8.9x the market cap). The price is down 79% from its all-time high.

51/100
HIGH
−79%
$0.0482
7/10 above peers
01 · RECLAIM OUTLOOK — WILL THE PRICE COME BACK?
PRICE $0.0482 ATH $0.2249 (APR 2026) DRAWDOWN −78.5% RECLAIM 4.7×
break-even from here: +370% $100 held here would need to become $470 just to get back — and 82 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 33/100

Someone is still building, but activity is thin.

0 commits/4wk0 contributorslast commit 0d ago — development is slowing.
02 are holders staying or leaving? holder conviction & overhead supply PENDING
PENDING V1

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

03 could you actually sell? liquidity / exitability 85/100

Easy enough to sell.

$16,831,198/24h · bin 9/1030.92% turnover · bin 9/10 — tradeable.
04 is anyone actually using it? usage / demand 60/100

Genuinely used.

2,214 transfers/day · bin 9/10 — transfer activity, not users; proxy tier — heavy on-chain movement (proxy read). [L1 / Chain bins, provisional]
05 how much more will be printed? supply overhang & emissions 5/100

Heavy future supply hangs over the price.

11% of supply circulating · bin 1/10FDV/MC 8.9x · bin 1/10 — heavy unminted/uncapped supply hangs over every holder.
06 how is it doing vs similar coins? relative strength / narrative 70/100

Outperforming similar coins.

30d -7% · bin 5/10200d +0% · bin 10/10 — 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 MegaETH ($MEGA) dead?

Not dead, but fading. As of 2026-07-14, MegaETH scores 51/100 on bagcheck’s structural aliveness scan — WEAKENING. Multiple systems are weakening. Aliveness measures whether the project still works, not whether the price recovers.

Is MegaETH 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 51/100 (WEAKENING), a price 79% below its all-time high, a drawdown cohort (down 70-85%) in which historically only ~18% of coins ever reclaimed their high. What you do with that is yours.

Will MegaETH ($MEGA) recover?

Nobody can predict price, and bagcheck doesn’t try. Historically, of coins down 70-85% (3-year window), about 18% reclaimed their all-time high; break-even to ATH from the scan price needs +370%. The WEAKENING 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 — L1 / CHAIN all 273 l1 / chain coins →
bagcheck v0.17.1 · snapshot 2026-07-14 v16 · scored monthly · batch of 2026-07-14 · frozen JSON ⇩ sha256 a0d6…211e Information, not advice.