$ZEC is alive, but showing strain. Parts of the system are under pressure: little dilution risk left (80% of supply circulating, fully diluted valuation 1.0x the market cap), and it’s genuinely used (4,091 active addresses/day), though it’s outperforming similar coins (up 26% over 30 days, up 17% over 200 days). The price is down 84% from its all-time high.
label capped: score says FUNCTIONAL, but coins down 84% don’t earn better labels than STRAINED. why?
break-even from here: +510% $100 held here would need to become $610 just to get back — and 82 out of 100 coins that fall this deep never see their old high again.
Recent risk alert signal on the record (2026-07-04) — not reflected in the score; check before acting.
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 / exitability79/100
Easy enough to sell.
$377,348,387/24h · bin 10/104.31% turnover · bin 6/10— tradeable.
04is anyone actually using it?usage / demand73/100
Genuinely used.
4,091 active addresses/day · bin 9/1030d trend -14.3% · bin 6/10— usage is strong for its peer group. [L1 / Chain bins, provisional]
05how much more will be printed?supply overhang & emissions65/100
Little dilution risk left.
80% of supply circulating · bin 6/10FDV/MC 1.0x · bin 8/10— limited dilution risk.
06how is it doing vs similar coins?relative strength / narrative95/100
Outperforming similar coins.
30d+26% · bin 10/10200d+17% · bin 10/10— outperforming its peer group.
terms used above — hover or tap any:
03 · COMMON QUESTIONSanswers generated from this coin’s frozen readout · not advice
Is Zcash ($ZEC) dead?
No, but it’s showing strain. As of 2026-07-14, Zcash scores 82/100 on bagcheck’s structural aliveness scan — STRAINED. Parts of the system are under pressure. Aliveness measures whether the project still works, not whether the price recovers.
Is Zcash 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 82/100 (STRAINED), a price 84% below its all-time high, a drawdown cohort (down 70-85%) in which historically only ~18% of coins ever reclaimed their high. What you do with that is yours.
Will Zcash ($ZEC) recover?
Nobody can predict price, and bagcheck doesn’t try. Historically, of coins down 70-85% (3-year window), about 18% reclaimed their all-time high; break-even to ATH from the scan price needs +510%. The STRAINED 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
