Layer 2 · rank #1989

Ancient8 A8

$0.00502-0.1% 1d-0.1% 7d+5.2% 30d

Red List Phoenix · weekly · score 62.5 mixed

  • Monthly: forming bar is a red inside bar. Last confirmed swing low 0.0084 (Mar 2026), month 6 of a cycle that has typically run 8. Current low 0.003862 is unconfirmed — it confirms above 0.006998.
  • Weekly: forming bar is a red inside bar. Last confirmed swing low 0.003862 (Aug 2026), week 3 of a cycle that has typically run 8. Cycle-low confidence 32%.
  • Daily: bar is a red inside bar. Last confirmed swing low 0.004725 (2026-08-31), day 7 of a cycle that has typically run 5. Cycle-low confidence 18%.
  • Red List: 96% below the 2025-09-13 high; +30% off the 365-day low.
  • Phoenix: 99% decline over 20 months, weekly swing low confirmed (next-bar), now +30% above the trough; no weekly pullback yet — the entry is the pullback, never the chase.
  • Gauges: Mayer multiple 0.64 (cheap); -99% from the all-time high.
From the peak to today, log scale
0.0039630.041620.43722024-112025-102026-09peak 0.51low 0.003862 (99%)monthly trigger 0.006998

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

Monthly 1

Last bars
3r 2Dr 2Dr 3g 1r
Confirmed low
$0.0084 · 2026-03-31
Position
6 of median 8.0 (max 9)
Current low
$0.00386 · unconfirmed
Confirms above
$0.007
Cycle-low odds
Confirmed lows
3

Weekly 1

Last bars
2Dr 2Dg 2Ug 1g 1r
Confirmed low
$0.00386 · 2026-08-23
Position
3 of median 8.0 (max 15)
Current low
$0.00386 · confirmed
Cycle-low odds
32%
Confirmed lows
15

Daily 1

Last bars
2Ur 1g 2Ur 1g 1r
Confirmed low
$0.00473 · 2026-08-31 (daily)
Position
7 of median 5 (max 18)
Current low
$0.00473 · confirmed
Cycle-low odds
18%
Confirmed lows
138

Phoenix

stopped falling, by the rules
Peak
$0.5100 · Dec 2024
Trough
$0.00386 · Aug 2026
Decline
-99.2% over 20 months
Above trough
+30.0%
Monthly
not yet · trigger $0.007
Weekly
confirmed (next-bar)
False bottom
none
Entry
awaiting the first weekly pullback
Score 62.5
decline30
confirmation10
earliness22.5
stale0
false bottom0
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-09-07 .xlsx
Health43 / 100 · Thin
Liquidity (24h volume / market cap)
can you get out
5.25 %15.0 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.62 x10.4 / 15
Size (market-cap rank)
survivorship
1989 #0 / 15
TVL backing (market cap / TVL)
capital parked in it (DefiLlama)
12.04 x0.0 / 15
Age on Coinbase
survived a cycle
2.1 yrs4.7 / 10
usagecould not look — no source data
momentumcould not look — no source data

5 of 7 measurable; score renormalized over what was measurable.

Market cap
$3.1M
Fully diluted
$5.0M
24h volume
$162.9K
Circulating
617,432,943 of 1,000,000,000 max
All-time high
$0.4934 · 2024-12-19 (-99.0%)
TVL
$257.5K (protocol)
Fees 30d
Revenue 30d
Fees 1y
$101
Mayer multiple
0.639 · cheap
Pi cycle
0.118
On Coinbase since
2024-07-17 (783 bars)
CoinGecko id
ancient8