{
 "id": "tokenize-xchange",
 "symbol": "TKX",
 "name": "Tokenize Xchange",
 "archetype": "Centralized Exchange (CEX) Token",
 "archetype_reason": "category match: 'centralized exchange (cex) token'",
 "contract": {
  "chain": "ethereum",
  "address": "0x667102bd3413bfeaa3dffb48fa8288819e480a88"
 },
 "price": {
  "price_usd": 1.25,
  "ath_usd": 50.43,
  "ath_date": "2025-01-03T19:12:43.038Z",
  "market_cap": 99894551,
  "volume_24h": 3629.72,
  "price_chg_30d_pct": 2.27976,
  "price_chg_60d_pct": -12.98789,
  "price_chg_200d_pct": -29.10773,
  "coingecko_url": "https://www.coingecko.com/en/coins/tokenize-xchange"
 },
 "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 40.3\u00d7 from here. Historically ~3% of assets this deep reclaim ATH within 3y.",
  "drawdown_pct": 97.5,
  "reclaim_multiple": 40.3,
  "base_rate_label": "down 95%+",
  "base_rate": 0.03,
  "base_rate_provisional": true,
  "break_even_note": "Break-even to ATH needs 40.3\u00d7. (Pass --entry for break-even to your cost basis.)"
 },
 "structure": {
  "alive_score": 37.2,
  "aliveness": "IMPAIRED",
  "aliveness_note": "Core systems impaired; consistent with a project in decline.",
  "mechanical_aliveness": "IMPAIRED",
  "band_capped": false,
  "confidence": "HIGH",
  "confidence_detail": "measuring 5 of 6 factors (85% of the weight that matters for a Centralized Exchange (CEX) Token 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": 0.15,
   "status": "pending",
   "score": null,
   "detail": "",
   "note": "dev activity (wired); treasury runway, fees/revenue (v1)"
  },
  {
   "factor": "conviction",
   "label": "Holder conviction & overhead supply",
   "weight": 0.2,
   "status": "measured",
   "score": 29.5,
   "detail": "holders +8/30d (+0.0%, Bin 4/10 vs 169 L1 / Chain peers), concentration HHI 0.393 (Bin 2/10 vs 68 L1 / Chain peers) \u2014 holders are leaving \u2014 conviction is draining. [L1 / Chain bins, provisional]",
   "note": ""
  },
  {
   "factor": "liquidity",
   "label": "Liquidity / exitability",
   "weight": 0.18,
   "status": "measured",
   "score": 11.0,
   "detail": "$3,630/24h (Bin 2/10 vs 308 L1 / Chain peers), 0.00% turnover (Bin 1/10) \u2014 exit liquidity is thin for its class \u2014 selling moves the price.",
   "note": ""
  },
  {
   "factor": "usage",
   "label": "Usage / demand",
   "weight": 0.15,
   "status": "measured",
   "score": 35.0,
   "detail": "35 transfers/day (Bin 4/10 vs 74 L1 / Chain peers) \u2014 transfer activity, not users; proxy tier \u2014 moderate on-chain movement. [L1 / Chain bins, provisional]",
   "note": ""
  },
  {
   "factor": "supply",
   "label": "Supply overhang & emissions",
   "weight": 0.22,
   "status": "measured",
   "score": 50.0,
   "detail": "80% of supply circulating (Bin 6/10 vs 310 L1 / Chain peers), FDV/MC 1.3x (Bin 5/10) \u2014 meaningful dilution still to come.",
   "note": ""
  },
  {
   "factor": "strength",
   "label": "Relative strength / narrative",
   "weight": 0.1,
   "status": "measured",
   "score": 75.0,
   "detail": "30d +2% (Bin 8/10 vs 310 L1 / Chain peers), 200d -29% (Bin 8/10) \u2014 outperforming its peer group.",
   "note": ""
  }
 ],
 "warnings": [
  "Base rate is PROVISIONAL (placeholder, not yet calibrated). Directional only."
 ]
}