
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
Where it sits in each cycle
a swing low confirms only when a later bar takes out the low bar's highMonthly
- 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
- 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
- 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
| decline | 30 |
| confirmation | 25 |
| earliness | 0 |
| stale | 0 |
| false bottom | 10 |
| bluechip | 0 |
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 x | 14.8 / 15 |
| Size (market-cap rank) survivorship | 974 # | 0 / 15 |
| Age on Coinbase survived a cycle | 3.7 yrs | 9.3 / 10 |
| usage | could not look — no source data | |
| tvl | could not look — no source data | |
| momentum | could 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