Layer 2 · rank #1231

Boba Network BOBA

BOBA cycle analysis · chart, confirmed lows and fundamentals

$0.0199+0.5% 1d-1.0% 7d-2.9% 30d

Red List Recovering held Phoenix · monthly · score 65 mixed

73.9% below its 365-day high of $0.0761 (2025-11-08), +17.8% off the 365-day low. Snapshot 2026-10-21 UTC.

From the peak to today, log scale
0.01710.081990.39312024-052025-072026-10low 0.0169 (99%)false bottommonthly trigger 0.0223
Where it stands

On the Red List.

Held on the Red List: it last met the Red List rules on 2026-10-19. Today it reads Amber List; a tier moves down only after five consecutive scans below its rules.

Recovering: a monthly swing low has confirmed. The badge coexists with the tier; it is not a completed recovery.

Phoenix monthly: stopped falling by the rules, +17.8% above the Aug 2026 trough. Details below.

What changed

Since the previous scan.

Tier, recovering badge and Phoenix state are unchanged between these two observations.

Comparing 2026-10-20 with 2026-10-21 UTC. Classification, not price returns.

Recorded timeline →

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
2Dr 2Dr 2Dg 2Ur 1r
Confirmed low
$0.0169 · 2026-08-31
Position
2 of median 10 (max 10)
Current low
$0.0169 · confirmed
Cycle-low confidence
31% · in band
Confirmed lows
6

Weekly 3

Last bars
2Ug 1r 3r 2Dr 3g
Confirmed low
$0.0179 · 2026-09-20
Position
5 of median 5.0 (max 20)
Current low
$0.0191 · unconfirmed
Confirms above
$0.0239
Cycle-low confidence
32% · in band
Confirmed lows
33

Daily 1

Last bars
2Dg 3r 3g 1g 1g
Confirmed low
$0.0198 · 2026-10-08 (daily)
Position
13 of median 5 (max 18)
Current low
$0.0191 · unconfirmed
Confirms above
$0.0239
Cycle-low confidence
50%
Confirmed lows
280
The full read, in sentences
  • Monthly: forming bar is a red inside bar. Last confirmed swing low 0.0169 (Aug 2026), month 2 of a cycle that has typically run 10. Cycle-low confidence 31%.
  • Weekly: forming bar is a green outside bar (3). Last confirmed swing low 0.0179 (Sep 2026), week 5 of a cycle that has typically run 5. Current low 0.0191 is unconfirmed — it confirms above 0.0239. Cycle-low confidence 32%.
  • Daily: bar is a green inside bar. Last confirmed swing low 0.0198 (2026-10-08), day 13 of a cycle that has typically run 5. Current low 0.0191 is unconfirmed — it confirms above 0.0239. Cycle-low confidence 50%.
  • Red List: 74% below the 2025-11-08 high; +18% off the 365-day low.
  • Phoenix: 99% decline over 29 months, monthly swing low confirmed (next-bar), now +18% above the trough; first weekly pullback after the low confirmed 2026-09-27 (trigger 0.0206).
  • Gauges: Mayer multiple 0.93 (cheap); -87% vs the 200-week average; -98% from the all-time high.

Has Boba Network bottomed?

A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the BOBA snapshot records on 2026-10-21 UTC:

Monthly: the last confirmed swing low is $0.0169 from 2026-08-31. The current candidate is marked confirmed. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $0.0179 from 2026-09-20. A newer candidate at $0.0191 is unconfirmed; its confirmation level is above $0.0239, provided the candidate low is not undercut first. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $0.0198 from 2026-10-08. A newer candidate at $0.0191 is unconfirmed; its confirmation level is above $0.0239, provided the candidate low is not undercut first.

How bottom confirmation works. Cycle-low confidence is a heuristic score, not a calibrated probability of a profitable trade.

How far is Boba Network below its high?

The Coinbase price snapshot is 73.9% below its rolling 365-day high of $0.0761 from 2025-11-08. Separately, CoinGecko reports -99.8% relative to its all-time high of $7.93 in the fundamentals snapshot pulled 2026-10-21.

Different sources and observation times can produce different drawdowns. Compare crypto drawdowns and reference highs.

The recorded history

scan observations, not exact transition times

First observed 2026-09-19. 33 observations; absence from a captured scan is unmatched, never recovery.

  1. Amber List; recovering · Phoenix monthly → Red List; recovering · Phoenix monthly
  2. Amber List · Phoenix weekly → Amber List; recovering · Phoenix monthly
  3. First observed: Amber List · Phoenix weekly

Phoenix

stopped falling, by the rules
Peak
$1.30 · Mar 2024
Trough
$0.0169 · Aug 2026
Decline
-98.7% over 29 months
Above trough
+17.8%
Monthly
confirmed (next-bar) · trigger $0.0223
Weekly
confirmed (late (2 bars))
False bottom
$0.0749 · Jun 2025 (2 higher highs, then undercut)
Entry
pullback #1 low $0.0179 confirmed 2026-09-27 · trigger $0.0206
Score 65
decline30
confirmation25
earliness0
stale0
false bottom10
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx
Health53 / 100 · Sound
Liquidity (24h volume / market cap)
can you get out
3.19 %9.0 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.01 x14.9 / 15
Size (market-cap rank)
survivorship
1231 #0 / 15
Usage (price / annualized fees)
fees people actually pay to use it (DefiLlama)
4100.8 x0 / 20
TVL backing (market cap / TVL)
capital parked in it (DefiLlama)
4.48 x9.2 / 15
Fee momentum (30d vs prior 30d)
is usage growing into the recovery
123.5 %10.0 / 10
Age on Coinbase
survived a cycle
4.3 yrs10.0 / 10

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

Market cap
$10.8M
Fully diluted
$10.9M
24h volume
$343.7K
Circulating
493,599,306 of 500,000,000 max
All-time high
$7.93 · 2021-11-25 (-99.8%)
TVL
$2.4M (chain)
Fees 30d
$216
Revenue 30d
$216
Fees 1y
$4.3K
Mayer multiple
0.925 · cheap
vs 200-week avg
-87.1%
Pi cycle
0.36
On Coinbase since
2022-06-30 (1575 bars)
CoinGecko id
boba-network

Continue your cycle research

How to read a crypto cycle chart · Calculation rules and sources