$MLN is still alive, but barely. It’s liquid enough to easily sell ($470k traded per day) — but it’s falling behind similar coins (down 8% over 30 days, down 73% over 200 days) — the profile of a project in decline. The price is down 100% from its all-time high.
label capped: score says WEAKENING, but coins down 100% don’t earn better labels than IMPAIRED. why?
break-even from here: +18,890% $100 held here would need to become $18,990 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 / liveness33/100
Someone is still building, but activity is thin.
0 commits/4wk0 contributorslast commit 3d ago— development is slowing.
02are holders staying or leaving?holder conviction & overhead supply56/100
Holders are staying put.
holders +230/30d · +2.5% · bin 5/10concentration HHI 0.040 · bin 9/10— holder base is holding steady. [RWA bins, provisional]
03could you actually sell?liquidity / exitability63/100
Easy enough to sell.
$469,811/24h · bin 6/1010.56% turnover · bin 8/10— tradeable.
04is anyone actually using it?usage / demand43/100
Some real usage.
52 active addresses/day · bin 4/1030d trend -25.5% · bin 6/10data lagged 31d · provider tier— usage is holding. [RWA bins, provisional]
05how much more will be printed?supply overhang & emissions55/100
Meaningful dilution still to come.
100% of supply circulating · bin 8/10FDV/MC 1.0x · bin 7/10no max supply— meaningful dilution still to come — uncapped supply (perpetual emission risk, capped).
06how is it doing vs similar coins?relative strength / narrative15/100
Lagging similar coins.
30d-8% · bin 3/10200d-73% · bin 1/10— lagging its peer group badly.
terms used above — hover or tap any:
03 · COMMON QUESTIONSanswers generated from this coin’s frozen readout · not advice
Is Enzyme ($MLN) dead?
Not dead yet, but core systems are impaired. As of 2026-07-14, Enzyme scores 46/100 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 Enzyme 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 46/100 (IMPAIRED), a price 100% 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 Enzyme ($MLN) 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 +18,890%. 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
