Layer 2 · rank #974

Treasure MAGIC

$0.0469-0.5% 1d+2.9% 7d+10.4% 30d

Amber List Recovering Phoenix · monthly · score 65 mixed

  • Monthly: forming bar is a green inside bar. Last confirmed swing low 0.0383 (Jul 2026), month 2 of a cycle that has typically run 8.5. Cycle-low confidence 34%.
  • Weekly: forming bar is a red inside bar. Last confirmed swing low 0.0389 (Aug 2026), week 4 of a cycle that has typically run 4. Current low 0.04248 is unconfirmed — it confirms above 0.04769. Cycle-low confidence 43%.
  • Daily: bar is a red inside bar. Last confirmed swing low 0.04248 (2026-09-02), day 5 of a cycle that has typically run 5. Cycle-low confidence 85%.
  • Amber List: 79% below the 2025-09-11 high; +22% off the 365-day low.
  • Phoenix: 98% decline over 28 months, monthly swing low confirmed (next-bar), now +22% above the trough; first weekly pullback after the low confirmed 2026-08-23 (trigger 0.0427).
  • Gauges: Mayer multiple 0.88 (cheap); -98% from the all-time high.
From the peak to today, log scale
0.03940.21771.202024-032025-062026-09peak 1.58low 0.0383 (98%)false bottommonthly trigger 0.046

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
1r 2Dr 2Dg 2Ug 1g
Confirmed low
$0.0383 · 2026-07-31
Position
2 of median 8.5 (max 13)
Current low
$0.0383 · confirmed
Cycle-low odds
34% · in band
Confirmed lows
5

Weekly 1

Last bars
2Dr 2Ug 2Ur 2Dg 1r
Confirmed low
$0.0389 · 2026-08-16
Position
4 of median 4.0 (max 18)
Current low
$0.0425 · unconfirmed
Confirms above
$0.0477
Cycle-low odds
43% · in band
Confirmed lows
35

Daily 1

Last bars
2Ug 2Ug 2Ug 2Ug 1r
Confirmed low
$0.0425 · 2026-09-02 (daily)
Position
5 of median 5.0 (max 19)
Current low
$0.0425 · confirmed
Cycle-low odds
85% · in band
Confirmed lows
247

Phoenix

stopped falling, by the rules
Peak
$1.58 · Mar 2024
Trough
$0.0383 · Jul 2026
Decline
-97.6% over 28 months
Above trough
+22.5%
Monthly
confirmed (next-bar) · trigger $0.0460
Weekly
confirmed (next-bar)
False bottom
$0.1098 · Jun 2025 (2 higher highs, then undercut)
Entry
pullback #1 low $0.0389 confirmed 2026-08-23 · trigger $0.0427
Score 65
decline30
confirmation25
earliness0
stale0
false bottom10
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-09-07 .xlsx
Health71 / 100 · Strong
Liquidity (24h volume / market cap)
can you get out
20.08 %15.0 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.03 x14.8 / 15
Size (market-cap rank)
survivorship
974 #0 / 15
Age on Coinbase
survived a cycle
3.7 yrs9.3 / 10
usagecould not look — no source data
tvlcould not look — no source data
momentumcould not look — no source data

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

Market cap
$15.8M
Fully diluted
$16.3M
24h volume
$3.2M
Circulating
337,173,046 of 347,714,007 max
All-time high
$6.32 · 2022-02-19 (-99.3%)
TVL
$0 (protocol)
Fees 30d
Revenue 30d
Fees 1y
Mayer multiple
0.875 · cheap
Pi cycle
0.29
On Coinbase since
2022-12-08 (1370 bars)
CoinGecko id
magic check