{
 "id": "partisia-blockchain",
 "symbol": "MPC",
 "name": "Partisia Blockchain",
 "archetype": "Infrastructure",
 "archetype_reason": "category match: 'cross-chain communication'",
 "contract": null,
 "price": {
  "price_usd": 0.01057117,
  "ath_usd": 0.687696,
  "ath_date": "2024-03-19T14:55:03.614Z",
  "market_cap": 5380154,
  "volume_24h": 4483.86,
  "price_chg_30d_pct": -28.39942,
  "price_chg_60d_pct": -22.70282,
  "price_chg_200d_pct": 4.88223,
  "coingecko_url": "https://www.coingecko.com/en/coins/partisia-blockchain"
 },
 "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": "NEAR-TOTAL LOSS",
  "line": "Down 98% from ATH \u2014 reclaiming it needs 65.1\u00d7 from here. Historically ~3% of assets this deep reclaim ATH within 3y.",
  "drawdown_pct": 98.5,
  "reclaim_multiple": 65.1,
  "base_rate_label": "down 95%+",
  "base_rate": 0.03,
  "base_rate_provisional": true,
  "break_even_note": "Break-even to ATH needs 65.1\u00d7. (Pass --entry for break-even to your cost basis.)"
 },
 "structure": {
  "alive_score": 37.0,
  "aliveness": "IMPAIRED",
  "aliveness_note": "Core systems impaired; consistent with a project in decline.",
  "mechanical_aliveness": "IMPAIRED",
  "band_capped": false,
  "confidence": "LOW",
  "confidence_detail": "measuring 3 of 6 factors (40% of the weight that matters for a Infrastructure asset)"
 },
 "bottom_line": "Down 98%, aliveness reads IMPAIRED. Being functional is not recovery \u2014 the reclaim base rate is ~3%.",
 "factors": [
  {
   "factor": "solvency",
   "label": "Structural solvency / liveness",
   "weight": 0.22,
   "status": "pending",
   "score": null,
   "detail": "",
   "note": "dev activity (wired); treasury runway, fees/revenue (v1)"
  },
  {
   "factor": "conviction",
   "label": "Holder conviction & overhead supply",
   "weight": 0.18,
   "status": "pending",
   "score": null,
   "detail": "",
   "note": "holder-count trend + % supply in profit / MVRV (wired: HolderScan sol/eth, Coin Metrics natives, Santiment BSC/L2); exchange netflow (v1, needs SANAPI PRO)"
  },
  {
   "factor": "liquidity",
   "label": "Liquidity / exitability",
   "weight": 0.18,
   "status": "measured",
   "score": 15.0,
   "detail": "$4,484/24h (Bin 2/10 vs 155 Infrastructure peers), 0.08% turnover (Bin 2/10) \u2014 exit liquidity is thin for its class \u2014 selling moves the price.",
   "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": 55.0,
   "detail": "51% of supply circulating (Bin 5/10 vs 156 Infrastructure peers), FDV/MC 1.2x (Bin 7/10) \u2014 meaningful dilution still to come.",
   "note": ""
  },
  {
   "factor": "strength",
   "label": "Relative strength / narrative",
   "weight": 0.1,
   "status": "measured",
   "score": 55.0,
   "detail": "30d -28% (Bin 2/10 vs 156 Infrastructure peers), 200d +5% (Bin 10/10) \u2014 middle of its peer pack.",
   "note": ""
  }
 ],
 "warnings": [
  "Base rate is PROVISIONAL (placeholder, not yet calibrated). Directional only.",
  "LOW confidence \u2014 factors most predictive for Infrastructure assets aren't all wired. Structural read is partial."
 ]
}