Backpack
BP#231$0.578614+4.38% (24h)
43
050100
Our metrics suggest this coin may be trading above its fair value.
Not Financial Advice
This page is an informational analysis, not investment advice. The CryptoValue Score is an algorithmically generated rating from public data — it does not replace professional advice. Cryptocurrencies are highly volatile; total loss is possible. Read full risk disclaimer →
Understanding the Value Score
Rated 0-100 based on 13 fundamental metrics. Higher = more undervalued.
Strong Value80-100
Undervalued65-79
Fair Value45-64
Overvalued32-44
Strong Sell0-31
All-in-one crypto wallet and exchange.
Market Cap
$144.66M
24h Volume
$3.38M
Circulating Supply
250M
BP — of 1B max (25%)
All-Time High
$0.785
73.7% of ATH
Price Performance
24 Hours+4.38%
7 Days+5.50%
30 Days+45.60%
Value Score Breakdown
Score Change:+0.00%(since close)-2.40%(7d)
Weak35
Weak30
Weak25
Tokenomics14%
Weak25
Strong60
Average45
Very strong80
Very strong95
Average45
Average55
Weak20
Overvalued
Fair
Undervalued
The numbers behind the score
- Valuation per locked capital
- 0.31×
- Time since the all-time high
- 89 days
- Metrics actually applied
- 11 / 13
$144.66M of market capitalization against $470.45M that users have deposited in the protocol.
The last all-time high was on June 21, 2026. How far below it the price sits is a different question; how long it has stayed there is this one.
11 of 13 components could be measured for Backpack, carrying 84 of 100 weight points between them. The rest had their weight redistributed rather than filled with a neutral value.
Computed by Longchain from the published methodology. Not investment advice. Who we are.
Price & Score History
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Understand the Metrics
Backpack's Value Score rests on 11 of 13 metrics. Learn what each one means:
MVRV Proxy (Price / ATH) (19%)Cycle Position (time since ATH) (7%)Supply Dynamics (19%)Tokenomics (14%)NVT Proxy (MCap / Volume) (5%)Network Activity Proxy (5%)Volume / MCap (5%)Capital Locked (MCap / TVL) (12%)BTC Correlation Proxy (5%)Sentiment Proxy (5%)Momentum (30d) (5%)
2 metric(s) cannot be measured for Backpack. Their weight was redistributed across the rest rather than filled with a neutral value.