{
 "id": "railgun",
 "symbol": "RAIL",
 "name": "Railgun",
 "archetype": "Infrastructure",
 "archetype_reason": "category match: 'infrastructure'",
 "contract": {
  "chain": "ethereum",
  "address": "0xe76c6c83af64e4c60245d8c7de953df673a7a33d"
 },
 "price": {
  "price_usd": 1.71,
  "ath_usd": 5.66,
  "ath_date": "2025-11-07T18:42:15.890Z",
  "market_cap": 98065630,
  "volume_24h": 118251,
  "price_chg_30d_pct": -41.00674,
  "price_chg_60d_pct": 1.02383,
  "price_chg_200d_pct": -11.79709,
  "coingecko_url": "https://www.coingecko.com/en/coins/railgun"
 },
 "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": "MODERATE",
  "line": "Down 70% from ATH \u2014 reclaiming it needs 3.3\u00d7 from here. Historically ~34% of assets this deep reclaim ATH within 3y.",
  "drawdown_pct": 69.9,
  "reclaim_multiple": 3.3,
  "base_rate_label": "down 50-70%",
  "base_rate": 0.34,
  "base_rate_provisional": true,
  "break_even_note": "Break-even to ATH needs 3.3\u00d7. (Pass --entry for break-even to your cost basis.)"
 },
 "structure": {
  "alive_score": 41.3,
  "aliveness": "WEAKENING",
  "aliveness_note": "Multiple systems weakening; the project is in decline.",
  "mechanical_aliveness": "WEAKENING",
  "band_capped": false,
  "confidence": "HIGH",
  "confidence_detail": "measuring 6 of 6 factors (100% of the weight that matters for a Infrastructure asset)"
 },
 "bottom_line": "Down 70%, aliveness reads WEAKENING. Being functional is not recovery \u2014 the reclaim base rate is ~34%.",
 "factors": [
  {
   "factor": "solvency",
   "label": "Structural solvency / liveness",
   "weight": 0.22,
   "status": "measured",
   "score": 18.6,
   "detail": "0 commits/4wk, 0 contributors, last commit 127d ago \u2014 development has effectively stopped.",
   "note": ""
  },
  {
   "factor": "conviction",
   "label": "Holder conviction & overhead supply",
   "weight": 0.18,
   "status": "measured",
   "score": 41.4,
   "detail": "holders +50/30d (+0.6%, Bin 6/10 vs 114 Infrastructure peers), concentration HHI 0.515 (Bin 1/10 vs 64 Infrastructure peers) \u2014 holder base is holding steady. [Infrastructure bins, provisional]",
   "note": ""
  },
  {
   "factor": "liquidity",
   "label": "Liquidity / exitability",
   "weight": 0.18,
   "status": "measured",
   "score": 27.0,
   "detail": "$118,251/24h (Bin 4/10 vs 155 Infrastructure peers), 0.12% 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": "measured",
   "score": 60.0,
   "detail": "373 transfers/day (Bin 8/10 vs 58 Infrastructure peers) \u2014 transfer activity, not users; proxy tier \u2014 heavy on-chain movement (proxy read). [Infrastructure bins, provisional]",
   "note": ""
  },
  {
   "factor": "supply",
   "label": "Supply overhang & emissions",
   "weight": 0.12,
   "status": "measured",
   "score": 70.0,
   "detail": "57% of supply circulating (Bin 5/10 vs 156 Infrastructure peers), FDV/MC 1.0x (Bin 10/10) \u2014 limited dilution risk.",
   "note": ""
  },
  {
   "factor": "strength",
   "label": "Relative strength / narrative",
   "weight": 0.1,
   "status": "measured",
   "score": 45.0,
   "detail": "30d -41% (Bin 2/10 vs 156 Infrastructure peers), 200d -12% (Bin 8/10) \u2014 middle of its peer pack.",
   "note": ""
  }
 ],
 "warnings": [
  "Base rate is PROVISIONAL (placeholder, not yet calibrated). Directional only.",
  "Recent whale activity signal on the record (2026-06-07) \u2014 not reflected in the score; check before acting."
 ]
}