$TORN is alive, but fading. Multiple systems are weakening: dilution risk is moderate (fully diluted valuation 2.6x the market cap), and development has thinned (0 commits in 4 weeks, last commit 2.6 years ago), though it’s liquid enough to easily sell ($1.3m traded per day). The price is down 99% from its all-time high.
break-even from here: +8,050% $100 held here would need to become $8,150 just to get back — and 97 out of 100 coins that fall this deep never see their old high again.
Recent whale activity signal on the record (2026-07-12) — not reflected in the score; check before acting.
Recent risk alert signal on the record (2026-07-11) — not reflected in the score; check before acting.
Recent risk alert signal on the record (2026-06-25) — not reflected in the score; check before acting.
Recent whale activity signal on the record (2026-06-26) — not reflected in the score; check before acting.
01is anyone still building it?structural solvency / liveness33/100
Someone is still building, but activity is thin.
0 commits/4wk10 contributorslast commit 963d ago— development is slowing.
02are holders staying or leaving?holder conviction & overhead supply40/100
Holders are staying put.
holders +11/30d · +0.1% · bin 5/10concentration HHI 0.297 · bin 3/10— holder base is holding steady. [DeFi / Protocol bins, provisional]
03could you actually sell?liquidity / exitability65/100
Easy enough to sell.
$1,337,925/24h · bin 7/106.57% turnover · bin 7/10— tradeable.
04is anyone actually using it?usage / demand53/100
Some real usage.
72 active addresses/day · bin 5/1030d trend +1.0% · bin 7/10data lagged 31d · provider tier— usage is holding. [DeFi / Protocol bins, provisional]
05how much more will be printed?supply overhang & emissions30/100
Meaningful dilution still to come.
38% of supply circulating · bin 4/10FDV/MC 2.6x · bin 3/10— meaningful dilution still to come.
06how is it doing vs similar coins?relative strength / narrative40/100
Moving with the pack.
30d-5% · bin 5/10200d-51% · bin 4/10— middle of its peer pack.
terms used above — hover or tap any:
03 · COMMON QUESTIONSanswers generated from this coin’s frozen readout · not advice
Is Tornado Cash ($TORN) dead?
Not dead, but fading. As of 2026-07-14, Tornado Cash scores 44/100 on bagcheck’s structural aliveness scan — WEAKENING. Multiple systems are weakening. Aliveness measures whether the project still works, not whether the price recovers.
Is Tornado Cash 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 44/100 (WEAKENING), a price 99% 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 Tornado Cash ($TORN) 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 +8,050%. 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
