{
 "id": "strategy-pp-variable-xstock",
 "symbol": "STRCX",
 "name": "Strategy PP Variable xStock",
 "archetype": "RWA",
 "archetype_reason": "category match: 'real world assets (rwa)'",
 "contract": {
  "chain": "ethereum",
  "address": "0x1aad217b8f78dba5e6693460e8470f8b1a3977f3"
 },
 "price": {
  "price_usd": 93.18,
  "ath_usd": 112.04,
  "ath_date": "2026-06-02T23:10:26.653Z",
  "market_cap": 136028322,
  "volume_24h": 60422,
  "price_chg_30d_pct": -6.31735,
  "price_chg_60d_pct": -9.4736,
  "price_chg_200d_pct": -5.16271,
  "coingecko_url": "https://www.coingecko.com/en/coins/strategy-pp-variable-xstock"
 },
 "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": "SHALLOW",
  "line": "Down 17% from ATH \u2014 reclaiming it needs 1.2\u00d7 from here. Historically ~55% of assets this deep reclaim ATH within 3y.",
  "drawdown_pct": 16.8,
  "reclaim_multiple": 1.2,
  "base_rate_label": "down <50%",
  "base_rate": 0.55,
  "base_rate_provisional": true,
  "break_even_note": "Break-even to ATH needs 1.2\u00d7. (Pass --entry for break-even to your cost basis.)"
 },
 "structure": {
  "alive_score": 30.8,
  "aliveness": "IMPAIRED",
  "aliveness_note": "Core systems impaired; consistent with a project in decline.",
  "mechanical_aliveness": "IMPAIRED",
  "band_capped": false,
  "confidence": "LOW",
  "confidence_detail": "measuring 4 of 6 factors (60% of the weight that matters for a RWA asset)"
 },
 "bottom_line": "Down 17%, aliveness reads IMPAIRED. Being functional is not recovery \u2014 the reclaim base rate is ~55%.",
 "factors": [
  {
   "factor": "solvency",
   "label": "Structural solvency / liveness",
   "weight": 0.25,
   "status": "pending",
   "score": null,
   "detail": "",
   "note": "dev activity (wired); treasury runway, fees/revenue (v1)"
  },
  {
   "factor": "conviction",
   "label": "Holder conviction & overhead supply",
   "weight": 0.15,
   "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": 21.0,
   "detail": "$60,422/24h (Bin 3/10 vs 215 RWA peers), 0.04% turnover (Bin 2/10) \u2014 exit liquidity is thin for its class \u2014 selling moves the price.",
   "note": ""
  },
  {
   "factor": "usage",
   "label": "Usage / demand",
   "weight": 0.12,
   "status": "measured",
   "score": 60.0,
   "detail": "315 transfers/day (Bin 9/10 vs 175 RWA peers) \u2014 transfer activity, not users; proxy tier \u2014 heavy on-chain movement (proxy read). [RWA bins, provisional]",
   "note": ""
  },
  {
   "factor": "supply",
   "label": "Supply overhang & emissions",
   "weight": 0.2,
   "status": "measured",
   "score": 20.0,
   "detail": "54% of supply circulating (Bin 3/10 vs 265 RWA peers), FDV/MC 1.9x (Bin 2/10), no max supply \u2014 heavy unminted/uncapped supply hangs over every holder \u2014 uncapped supply (perpetual emission risk, capped).",
   "note": ""
  },
  {
   "factor": "strength",
   "label": "Relative strength / narrative",
   "weight": 0.1,
   "status": "measured",
   "score": 35.0,
   "detail": "30d -6% (Bin 4/10 vs 265 RWA peers), 200d -5% (Bin 4/10) \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 RWA assets aren't all wired. Structural read is partial."
 ]
}