{
 "id": "spx6900",
 "symbol": "SPX",
 "name": "SPX6900",
 "archetype": "Meme",
 "archetype_reason": "category match: 'meme'",
 "contract": {
  "chain": "ethereum",
  "address": "0xe0f63a424a4439cbe457d80e4f4b51ad25b2c56c"
 },
 "price": {
  "price_usd": 0.372955,
  "ath_usd": 2.27,
  "ath_date": "2025-07-28T11:24:33.852Z",
  "market_cap": 347125164,
  "volume_24h": 3846519,
  "price_chg_30d_pct": 15.8237,
  "price_chg_60d_pct": -10.12687,
  "price_chg_200d_pct": -23.38956,
  "coingecko_url": "https://www.coingecko.com/en/coins/spx6900"
 },
 "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": "DEEP",
  "line": "Down 84% from ATH \u2014 reclaiming it needs 6.1\u00d7 from here. Historically ~18% of assets this deep reclaim ATH within 3y.",
  "drawdown_pct": 83.6,
  "reclaim_multiple": 6.1,
  "base_rate_label": "down 70-85%",
  "base_rate": 0.18,
  "base_rate_provisional": true,
  "break_even_note": "Break-even to ATH needs 6.1\u00d7. (Pass --entry for break-even to your cost basis.)"
 },
 "structure": {
  "alive_score": 62.5,
  "aliveness": "STRAINED",
  "aliveness_note": "Still functioning, but showing strain in one or more systems.",
  "mechanical_aliveness": "STRAINED",
  "band_capped": false,
  "confidence": "HIGH",
  "confidence_detail": "measuring 6 of 6 factors (100% of the weight that matters for a Meme asset)"
 },
 "bottom_line": "Down 84%, aliveness reads STRAINED. Being functional is not recovery \u2014 the reclaim base rate is ~18%.",
 "factors": [
  {
   "factor": "solvency",
   "label": "Attention & narrative presence",
   "weight": 0.25,
   "status": "measured",
   "score": 41.0,
   "detail": "narrative activity 0h/24h, 55,912 watchlists (Bin 10/10) \u2014 modest narrative presence.",
   "note": ""
  },
  {
   "factor": "conviction",
   "label": "Holder conviction & overhead supply",
   "weight": 0.28,
   "status": "measured",
   "score": 77.7,
   "detail": "holders +327/30d (+0.7%, Bin 8/10 vs 459 Meme peers), concentration HHI 0.007 (Bin 9/10 vs 308 Meme peers), 77% of top-1000 are diamond hands \u2014 holders are accumulating against the drawdown. [Meme bins, provisional]",
   "note": ""
  },
  {
   "factor": "liquidity",
   "label": "Liquidity / exitability",
   "weight": 0.22,
   "status": "measured",
   "score": 73.0,
   "detail": "$3,846,519/24h (Bin 9/10 vs 548 Meme peers), 1.11% turnover (Bin 6/10) \u2014 tradeable.",
   "note": ""
  },
  {
   "factor": "usage",
   "label": "Usage / demand",
   "weight": 0.05,
   "status": "measured",
   "score": 59.0,
   "detail": "407 active addresses/day (Bin 8/10 vs 63 Meme peers), 30d trend -22.8% (Bin 4/10 vs 43 Meme peers), data lagged 31d (provider tier) \u2014 usage is holding. [Meme bins, provisional]",
   "note": ""
  },
  {
   "factor": "supply",
   "label": "Supply overhang & emissions",
   "weight": 0.1,
   "status": "measured",
   "score": 40.0,
   "detail": "93% of supply circulating (Bin 3/10 vs 556 Meme peers), FDV/MC 1.0x (Bin 6/10) \u2014 meaningful dilution still to come.",
   "note": ""
  },
  {
   "factor": "strength",
   "label": "Relative strength / narrative",
   "weight": 0.1,
   "status": "measured",
   "score": 75.0,
   "detail": "30d +16% (Bin 9/10 vs 556 Meme peers), 200d -23% (Bin 7/10) \u2014 outperforming its peer group.",
   "note": ""
  }
 ],
 "warnings": [
  "Base rate is PROVISIONAL (placeholder, not yet calibrated). Directional only."
 ]
}