$MEY is still alive, but barely. It’s genuinely used (6,309 transfers/day) — but unissued supply hangs over the price (fully diluted valuation 8.6x the market cap), and it’s falling behind similar coins (down 6% over 30 days, down 51% over 200 days) — the profile of a project in decline. The price is down 91% from its all-time high.
break-even from here: +950% $100 held here would need to become $1,050 just to get back — and 92 out of 100 coins that fall this deep never see their old high again.
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 supply55/100
Holders are staying put.
holders +532/30d · +3.9% · bin 6/10— holder base is holding steady. [RWA bins, provisional]
03could you actually sell?liquidity / exitability45/100
You could sell, but it would sting.
$306,575/24h · bin 5/102.45% turnover · bin 5/10— liquidity is light for its class.
04is anyone actually using it?usage / demand60/100
Genuinely used.
6,309 transfers/day · bin 10/10— transfer activity, not users; proxy tier — heavy on-chain movement (proxy read). [RWA bins, provisional]
05how much more will be printed?supply overhang & emissions5/100
Heavy future supply hangs over the price.
12% of supply circulating · bin 1/10FDV/MC 8.6x · bin 1/10— heavy unminted/uncapped supply hangs over every holder.
06how is it doing vs similar coins?relative strength / narrative25/100
Lagging similar coins.
30d-6% · bin 4/10200d-51% · bin 2/10— lagging its peer group badly.
terms used above — hover or tap any:
03 · COMMON QUESTIONSanswers generated from this coin’s frozen readout · not advice
Is Mey Network ($MEY) dead?
Not dead yet, but core systems are impaired. As of 2026-07-14, Mey Network scores 36/100 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 Mey Network 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 36/100 (IMPAIRED), a price 91% below its all-time high, a drawdown cohort (down 85-95%) in which historically only ~8% of coins ever reclaimed their high. What you do with that is yours.
Will Mey Network ($MEY) recover?
Nobody can predict price, and bagcheck doesn’t try. Historically, of coins down 85-95% (3-year window), about 8% reclaimed their all-time high; break-even to ATH from the scan price needs +950%. 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
