{
 "id": "particle-network",
 "symbol": "PARTI",
 "name": "Particle Network",
 "archetype": "Infrastructure",
 "archetype_reason": "category match: 'cross-chain communication'",
 "contract": {
  "chain": "binance-smart-chain",
  "address": "0x59264f02d301281f3393e1385c0aefd446eb0f00"
 },
 "price": {
  "price_usd": 0.03297918,
  "ath_usd": 0.419163,
  "ath_date": "2025-05-13T11:45:41.615Z",
  "market_cap": 7685657,
  "volume_24h": 28782925,
  "price_chg_30d_pct": -45.23055,
  "price_chg_60d_pct": -46.14748,
  "price_chg_200d_pct": -69.36465,
  "coingecko_url": "https://www.coingecko.com/en/coins/particle-network"
 },
 "provenance": {
  "batch_date": "2026-07-14",
  "bagcheck_version": "0.17.1",
  "snapshot_id": "2026-07-14 v16",
  "label": "scored monthly \u00b7 batch of 2026-07-14"
 },
 "refused": false,
 "reclaim": {
  "severity": "SEVERE",
  "line": "Down 92% from ATH \u2014 reclaiming it needs 12.7\u00d7 from here. Historically ~8% of assets this deep reclaim ATH within 3y.",
  "drawdown_pct": 92.2,
  "reclaim_multiple": 12.7,
  "base_rate_label": "down 85-95%",
  "base_rate": 0.08,
  "base_rate_provisional": true,
  "break_even_note": "Break-even to ATH needs 12.7\u00d7. (Pass --entry for break-even to your cost basis.)"
 },
 "structure": {
  "alive_score": 47.2,
  "aliveness": "WEAKENING",
  "aliveness_note": "Multiple systems weakening; the project is in decline.",
  "mechanical_aliveness": "WEAKENING",
  "band_capped": false,
  "confidence": "HIGH",
  "confidence_detail": "measuring 5 of 6 factors (80% of the weight that matters for a Infrastructure asset)"
 },
 "bottom_line": "Down 92%, aliveness reads WEAKENING. Being functional is not recovery \u2014 the reclaim base rate is ~8%.",
 "factors": [
  {
   "factor": "solvency",
   "label": "Structural solvency / liveness",
   "weight": 0.22,
   "status": "measured",
   "score": 33.3,
   "detail": "0 commits/4wk, 0 contributors, last commit 4d ago \u2014 development is slowing.",
   "note": ""
  },
  {
   "factor": "conviction",
   "label": "Holder conviction & overhead supply",
   "weight": 0.18,
   "status": "measured",
   "score": 55.0,
   "detail": "holders +1,066/30d (+0.6%, Bin 6/10 vs 114 Infrastructure peers) \u2014 holder base is holding steady. [Infrastructure bins, provisional]",
   "note": ""
  },
  {
   "factor": "liquidity",
   "label": "Liquidity / exitability",
   "weight": 0.18,
   "status": "measured",
   "score": 95.0,
   "detail": "$28,782,925/24h (Bin 10/10 vs 155 Infrastructure peers), 374.50% turnover (Bin 10/10) \u2014 tradeable.",
   "note": ""
  },
  {
   "factor": "usage",
   "label": "Usage / demand",
   "weight": 0.2,
   "status": "pending",
   "score": null,
   "detail": "",
   "note": "daily active addresses + 30d trend (wired: Coin Metrics natives/majors, Santiment tokens); transfer-activity proxy (wired: Tron/Blockscout explorers, labeled tier); derivatives OI & funding (v1); for AI/DePIN: network resource demand \u2014 GPU-hours / storage deals / subnet emissions share (v1)"
  },
  {
   "factor": "supply",
   "label": "Supply overhang & emissions",
   "weight": 0.12,
   "status": "measured",
   "score": 20.0,
   "detail": "23% of supply circulating (Bin 3/10 vs 156 Infrastructure peers), FDV/MC 4.3x (Bin 2/10) \u2014 heavy unminted/uncapped supply hangs over every holder.",
   "note": ""
  },
  {
   "factor": "strength",
   "label": "Relative strength / narrative",
   "weight": 0.1,
   "status": "measured",
   "score": 10.0,
   "detail": "30d -45% (Bin 1/10 vs 156 Infrastructure peers), 200d -69% (Bin 2/10) \u2014 lagging its peer group badly.",
   "note": ""
  }
 ],
 "warnings": [
  "Base rate is PROVISIONAL (placeholder, not yet calibrated). Directional only."
 ]
}