BitcoinBTC

The project publishes what an accountable team publishes.

• ✓Official website published+20
• ✓Public project description+15
• ✓Blockchain explorer linked+10
• ✓Tracked across major data providers+10
• •Named founders & company registrationNo free registry maps tokens to real identities — this indicator scores public disclosure, not verified identity.

Has operated through at least one full market cycle.

• ✓~17.7 years old — survived multiple market cycles+30

Ecosystem activity is modest for its market size.

• ✕TVL is only 0.3% of market cap — little capital actually deployed−8

Available on exchanges with real listing standards.

• ✓Listed on 2 tier-1 exchanges+18
• •72 trading venues total

Layer-1 coin: security rests on consensus, not a token contract.

• ✓Native coin — no token contract to exploit+12
• ✓Network scale (rank #1) raises attack cost
• •Third-party audit historyAudit registries have no free API — not yet wired, so not counted either way.

Distribution estimated — native-coin holder data isn't wired.

• •Per-wallet distribution not available for native coinsNeeds a chain-specific indexer; a market-standing estimate is used instead.

Repository stats aren't published by our source — estimated, not penalised.

• •No repository linked by the data providerAbsence of stats is not evidence of inactivity — several actively developed chains publish no repo link here. Scored neutrally and flagged, never counted as zero activity.

Supply structure is transparent with limited dilution risk.

• ✓Hard-capped max supply — no open-ended inflation+18
• ✓96% already circulating — little unlock overhang+16
• ✓Market cap ≈ fully-diluted value — minimal hidden dilution+14
• •Vesting & unlock calendarCliff/linear unlock schedules need a paid data feed — not yet wired.

Little measurable revenue or capital committed for its valuation.

• ✕TVL is only 0.3% of market cap−6

Supply is capped and largely distributed.

• ✓Hard-capped supply+20
• ✓96% circulating — little left to unlock+20
• ✓Market cap ≈ fully-diluted value+12

Has held its value reasonably well versus its peak.

• •Down 39.1% from all-time high

Bitcoin is the reference asset for this comparison.

• •Bitcoin is the benchmark — every other asset is measured against it

Still making lower lows — the downtrend is intact.

• ✕Lower lows in 2 of the last 3 quartersQuarterly lows: 84675.51 → 62778.22 → 66388.84 → 60022.33.−25

Liquid enough to enter and exit without heavy slippage.

• ✓Adequate daily turnover+22
• ✓Deep 24h volume (>$100M)+20
• •Liquidity lock not applicable — native coin, no LP pool

Much of the reported volume is on unvetted exchanges.

• ✕Just 12% of volume on tier-1 exchanges — mostly unvetted venues−24
• •Listed on Binance, Bybit

Large enough to absorb shocks that would end a smaller asset.

• ✓$1542B market cap — mega-cap, the deepest market in the asset class+40
• ✓Ranked #1 by market cap

Trend has been negative.

• •Down 30% over 1 year−12
• ✓Up 24% over 30 days+8