$FHE is alive, but fading. It’s liquid enough to easily sell ($7.4m traded per day) — but unissued supply hangs over the price (fully diluted valuation 4.0x the market cap), and nobody is building (0 commits in 4 weeks, last commit 56d ago). The price is down 93% from its all-time high.
break-even from here: +1,400% $100 held here would need to become $1,500 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 / liveness28/100
Nobody appears to be building — a bad sign.
0 commits/4wk0 contributorslast commit 56d ago— development is slowing.
02are holders staying or leaving?holder conviction & overhead supply71/100
Holders are adding, even down here.
holders +114/30d · +5.9% · bin 10/10concentration HHI 0.593 · bin 1/10— holders are accumulating against the drawdown. [L1 / Chain bins, provisional]
03could you actually sell?liquidity / exitability89/100
Easy enough to sell.
$7,440,765/24h · bin 9/10150.99% turnover · bin 10/10— tradeable.
04is anyone actually using it?usage / demand29/100
Barely used.
42 active addresses/day · bin 5/1030d trend -49.2% · bin 1/10data lagged 31d · provider tier— usage is draining away. [L1 / Chain bins, provisional]
05how much more will be printed?supply overhang & emissions15/100
Heavy future supply hangs over the price.
25% of supply circulating · bin 2/10FDV/MC 4.0x · bin 2/10— heavy unminted/uncapped supply hangs over every holder.
06how is it doing vs similar coins?relative strength / narrative40/100
Moving with the pack.
30d-12% · bin 4/10200d-52% · bin 5/10— middle of its peer pack.
terms used above — hover or tap any:
03 · COMMON QUESTIONSanswers generated from this coin’s frozen readout · not advice
Is Mind Network ($FHE) dead?
Not dead, but fading. As of 2026-07-14, Mind Network scores 47/100 on bagcheck’s structural aliveness scan — WEAKENING. Multiple systems are weakening. Aliveness measures whether the project still works, not whether the price recovers.
Is Mind 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 47/100 (WEAKENING), a price 93% 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 Mind Network ($FHE) 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 +1,400%. The WEAKENING 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
