$MTRG is still alive, but barely. Core systems are impaired — this looks like a project in decline: it’s falling behind similar coins (down 32% over 30 days, down 56% over 200 days), and selling would move the price (only $5,817 traded per day). The price is down 100% from its all-time high.
break-even from here: +110,090% $100 held here would need to become $110,190 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 15d ago— development is slowing.
02are holders staying or leaving?holder conviction & overhead supply53/100
Holders are staying put.
holders +0/30d · +0.0% · bin 3/1092% of supply in profit · bin 10/1030d exchange netflow +0.00% of supply · bin 5/10data lagged 31d · provider tier— holder base is holding steady. [L1 / Chain bins, provisional]
03could you actually sell?liquidity / exitability23/100
Selling in size would move the price — exits are hard.
$5,817/24h · bin 2/101.02% turnover · bin 4/10— exit liquidity is thin for its class — selling moves the price.
04is anyone actually using it?usage / demandPENDING
PENDING V1
can’t measure this honestly yet, so it doesn’t count toward the score — we don’t fake numbers.
05how much more will be printed?supply overhang & emissions50/100
Meaningful dilution still to come.
71% of supply circulating · bin 6/10FDV/MC 1.4x · bin 5/10no max supply— meaningful dilution still to come — uncapped supply (perpetual emission risk, capped).
06how is it doing vs similar coins?relative strength / narrative20/100
Lagging similar coins.
30d-32% · bin 1/10200d-56% · bin 4/10— lagging its peer group badly.
terms used above — hover or tap any:
03 · COMMON QUESTIONSanswers generated from this coin’s frozen readout · not advice
Is Meter Governance ($MTRG) dead?
Not dead yet, but core systems are impaired. As of 2026-07-14, Meter Governance scores 37/100 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 Meter Governance 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 37/100 (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 Meter Governance ($MTRG) 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 +110,090%. 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
