Layer 2 · rank #1764

Towns TOWNS

$0.00207-1.8% 1d-18.0% 7d-15.2% 30d

Red List Falling Phoenix · weekly · score 40 bearish lean

Monthly: forming bar is a red inside bar. Last confirmed swing low 0.0031 (Feb 2026). Current low 0.00172 is unconfirmed — it confirms above 0.00321.
Weekly: forming bar is a red 2-Down. Last confirmed swing low 0.00189 (Aug 2026), week 6 of a cycle that has typically run 8.5. Current low 0.002058 is unconfirmed — it confirms above 0.002129. Cycle-low confidence 23%.
Daily: bar is a red 2-Down. Last confirmed swing low 0.002419 (2026-08-30), day 8 of a cycle that has typically run 5. Current low 0.002058 is unconfirmed — it confirms above 0.002129. Cycle-low confidence 89%.
Red List: 94% below the 2025-09-15 high; +20% off the 365-day low.
Phoenix: 96% decline over 10 months, weekly swing low confirmed (late (2 bars)), now +20% above the trough; pullback #2 confirmed 2026-08-09.
Gauges: Mayer multiple 0.73 (cheap); -95% 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 high

stopped falling, by the rules

Score 40

CoinGecko + DefiLlama, pulled 2026-09-07 .xlsx

Health30 / 100 · Thin

Liquidity (24h volume / market cap) can you get out	57.71 %	15.0 / 15
Supply overhang (FDV / market cap) unlocked supply waiting to sell	4.8 x	0.0 / 15
Size (market-cap rank) survivorship	1764 #	0 / 15
Age on Coinbase survived a cycle	1.1 yrs	1.7 / 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.