$VLX is barely breathing. The structure is failing — this looks like the projects that didn’t come back: selling would move the price (only $5 traded per day), and nobody is building (0 commits in 4 weeks, last commit 5 months ago). The price is down 100% from its all-time high.
break-even from here: +133,300% $100 held here would need to become $133,400 just to get back — and 97 out of 100 coins that fall this deep never see their old high again.
01is anyone still building it?structural solvency / liveness15/100
Nobody appears to be building — a bad sign.
0 commits/4wk0 contributorslast commit 159d ago— development has effectively stopped.
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 / exitability5/100
Selling in size would move the price — exits are hard.
$5/24h · bin 1/100.00% turnover · bin 1/10— exit liquidity is thin for its class — selling moves the price.
04is anyone actually using it?usage / demand15/100
Barely used.
4 transfers/day · bin 2/10— transfer activity, not users; proxy tier — little on-chain movement. [L1 / Chain bins, provisional]
05how much more will be printed?supply overhang & emissions55/100
Meaningful dilution still to come.
100% of supply circulating · bin 10/10FDV/MC 1.0x · bin 9/10no max supply— meaningful dilution still to come — uncapped supply (perpetual emission risk, capped).
06how is it doing vs similar coins?relative strength / narrative20/100
Lagging similar coins.
30d-14% · bin 4/10200d-90% · bin 1/10— lagging its peer group badly.
terms used above — hover or tap any:
03 · COMMON QUESTIONSanswers generated from this coin’s frozen readout · not advice
Is Velas ($VLX) dead?
Structurally, it’s close. As of 2026-07-14, Velas scores 19/100 on bagcheck’s structural aliveness scan — FAILING. The structure is failing — this looks like the projects that didn’t come back. Aliveness measures whether the project still works, not whether the price recovers.
Is Velas 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 19/100 (FAILING), 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 Velas ($VLX) 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 +133,300%. The FAILING 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
