$SPK is alive, but fading. It’s liquid enough to easily sell ($10.3m traded per day) — but holders are leaving (-18 in 30 days, -0.1%), and unissued supply hangs over the price (fully diluted valuation 3.2x the market cap). The price is down 91% from its all-time high.
break-even from here: +990% $100 held here would need to become $1,090 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 supply25/100
Holders are leaving.
holders -18/30d · -0.1% · bin 3/10concentration HHI 0.284 · bin 3/10— holders are leaving — conviction is draining. [DeFi / Protocol bins, provisional]
03could you actually sell?liquidity / exitability85/100
Easy enough to sell.
$10,251,089/24h · bin 9/1019.59% turnover · bin 9/10— tradeable.
04is anyone actually using it?usage / demand69/100
Genuinely used.
227 active addresses/day · bin 9/1030d trend -13.5% · bin 5/10data lagged 31d · provider tier— usage is strong for its peer group. [DeFi / Protocol bins, provisional]
05how much more will be printed?supply overhang & emissions25/100
Heavy future supply hangs over the price.
31% of supply circulating · bin 3/10FDV/MC 3.2x · bin 3/10— heavy unminted/uncapped supply hangs over every holder.
06how is it doing vs similar coins?relative strength / narrative45/100
Moving with the pack.
30d-14% · bin 3/10200d-17% · bin 7/10— middle of its peer pack.
terms used above — hover or tap any:
03 · COMMON QUESTIONSanswers generated from this coin’s frozen readout · not advice
Is Spark ($SPK) dead?
Not dead, but fading. As of 2026-07-14, Spark scores 53/100 on bagcheck’s structural aliveness scan — WEAKENING. Multiple systems are weakening. Aliveness measures whether the project still works, not whether the price recovers.
Is Spark 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 53/100 (WEAKENING), 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 Spark ($SPK) 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 +990%. 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
