DePIN · rank #1784

Shadow Token SHDW

SHDW cycle analysis · chart, confirmed lows and fundamentals

$0.0271+0.1% 1d-7.1% 7d+31.3% 30d

Red List Recovering Phoenix · monthly · score 65 mixed

71.5% below its 365-day high of $0.0950 (2025-10-24), +81.4% off the 365-day low. Snapshot 2026-10-21 UTC.

From the peak to today, log scale
0.015260.13941.272024-052025-072026-10low 0.01494 (99%)false bottommonthly trigger 0.03179
Where it stands

On the Red List.

A crash of 9.2 daily-vol units over 20 days, 72% below its rolling 365-day high.

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, +81.4% 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 1r 3g 2Ug 1r
Confirmed low
$0.0149 · 2026-08-31
Position
2 of median 5.0 (max 14)
Current low
$0.0149 · confirmed
Cycle-low confidence
35% · in band
Confirmed lows
5

Weekly 1

Last bars
2Ug 1r 2Ug 2Dr 1g
Confirmed low
$0.0183 · 2026-09-20
Position
5 of median 5.5 (max 20)
Current low
$0.0257 · unconfirmed
Confirms above
$0.0327
Cycle-low confidence
59% · in band
Confirmed lows
19

Daily 1

Last bars
2Dr 2Dr 1r 2Ug 1g
Confirmed low
$0.0270 · 2026-10-15 (daily)
Position
6 of median 6 (max 26)
Current low
$0.0257 · unconfirmed
Confirms above
$0.0286
Cycle-low confidence
52%
Confirmed lows
146
The full read, in sentences
  • Monthly: forming bar is a red inside bar. Last confirmed swing low 0.01494 (Aug 2026), month 2 of a cycle that has typically run 5. Cycle-low confidence 35%.
  • Weekly: forming bar is a green inside bar. Last confirmed swing low 0.01831 (Sep 2026), week 5 of a cycle that has typically run 5.5. Current low 0.02571 is unconfirmed — it confirms above 0.03271. Cycle-low confidence 59%.
  • Daily: bar is a green inside bar. Last confirmed swing low 0.02701 (2026-10-15), day 6 of a cycle that has typically run 6. Current low 0.02571 is unconfirmed — it confirms above 0.02862. Cycle-low confidence 52%.
  • Red List: 72% below the 2025-10-24 high; +81% off the 365-day low.
  • Phoenix: 99% decline over 28 months, monthly swing low confirmed (next-bar), now +81% above the trough; first weekly pullback after the low confirmed 2026-09-27 (trigger 0.02239).
  • Gauges: Mayer multiple 1.14 (neutral); -99% from the all-time high.

Has Shadow Token bottomed?

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

Monthly: the last confirmed swing low is $0.0149 from 2026-08-31. The current candidate is marked confirmed. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $0.0183 from 2026-09-20. A newer candidate at $0.0257 is unconfirmed; its confirmation level is above $0.0327, provided the candidate low is not undercut first. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $0.0270 from 2026-10-15. A newer candidate at $0.0257 is unconfirmed; its confirmation level is above $0.0286, 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 Shadow Token below its high?

The Coinbase price snapshot is 71.5% below its rolling 365-day high of $0.0950 from 2025-10-24. Separately, CoinGecko reports -99.0% relative to its all-time high of $2.82 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
$2.22 · Apr 2024
Trough
$0.0149 · Aug 2026
Decline
-99.3% over 28 months
Above trough
+81.4%
Monthly
confirmed (next-bar) · trigger $0.0318
Weekly
confirmed (late (2 bars))
False bottom
$0.0720 · Jun 2025 (2 higher highs, then undercut)
Entry
pullback #1 low $0.0183 confirmed 2026-09-27 · trigger $0.0224
Score 65
decline30
confirmation25
earliness0
stale0
false bottom10
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx
Health38 / 100 · Thin
Liquidity (24h volume / market cap)
can you get out
0.3 %0.0 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.0 x15.0 / 15
Size (market-cap rank)
survivorship
1784 #0 / 15
Age on Coinbase
survived a cycle
2.5 yrs5.8 / 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
$4.6M
Fully diluted
$4.6M
24h volume
$14.0K
Circulating
169,053,485
All-time high
$2.82 · 2022-01-04 (-99.0%)
Mayer multiple
1.137 · neutral
Pi cycle
0.337
On Coinbase since
2024-04-10 (925 bars)
CoinGecko id
genesysgo-shadow

Continue your cycle research

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