$MINA is still alive, but barely. Core systems are impaired — this looks like a project in decline: dilution risk is moderate (fully diluted valuation 1.0x the market cap), and it’s outperforming similar coins (down 1% over 30 days, down 45% over 200 days), though it’s actively built (92 commits in 4 weeks). The price is down 100% from its all-time high.
label capped: score says STRAINED, but coins down 100% don’t earn better labels than IMPAIRED. why?
break-even from here: +21,030% $100 held here would need to become $21,130 just to get back — and 97 out of 100 coins that fall this deep never see their old high again.
02are holders staying or leaving?holder conviction & overhead supplyPENDING
PENDING V1
can’t measure this honestly yet, so it doesn’t count toward the score — we don’t fake numbers.
03could you actually sell?liquidity / exitability61/100
Easy enough to sell.
$2,262,403/24h · bin 7/104.06% turnover · bin 6/10— tradeable.
04is anyone actually using it?usage / demandPENDING
PENDING V1
can’t measure this honestly yet, so it doesn’t count toward the score — we don’t fake numbers.
05how much more will be printed?supply overhang & emissions55/100
Meaningful dilution still to come.
100% of supply circulating · bin 10/10FDV/MC 1.0x · bin 9/10no max supply— meaningful dilution still to come — uncapped supply (perpetual emission risk, capped).
06how is it doing vs similar coins?relative strength / narrative60/100
Outperforming similar coins.
30d-1% · bin 7/10200d-45% · bin 6/10— outperforming its peer group.
terms used above — hover or tap any:
03 · COMMON QUESTIONSanswers generated from this coin’s frozen readout · not advice
Is Mina Protocol ($MINA) dead?
Not dead yet, but core systems are impaired. As of 2026-07-14, Mina Protocol scores 74/100 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 Mina Protocol 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 74/100 (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 Mina Protocol ($MINA) 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 +21,030%. 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
