Sparsity Research

BATON

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Solanapump.funMeme64 days old

baton (BATON) is a meme coin on Solana built around a cartoon dog holding a baton, and its site says Baton was the original name of the Solana launchpad the coin was created on. The site describes it as the first meme paired with the launchpad's own token, and the pool its site links to trades against that token on PumpSwap.

Price
$0.00362
Market cap
$3.6M
DEX liquidity
$643K
Holders ($100+)
1,599
Largest wallet
2.9% of supply

Price and liquidity: DEX Screener at our daily run, Nov 13. Holders and the largest wallet: our daily run, as of Nov 12. Launched Sep 9, 2026. Not investment advice.

Today

Holder strength index57.2/ 100−1.2 since Nov 11
#16 of 27 in Memes#32 of 63 coins
This week
Index −0.9, still #16 in Memes
Biggest move
Conviction 55 to 66, +5.3 to the index
Bottom signs
Not enough data to read yet
Drawdown
70% under its 30-day high (Oct 15)

Index and areas: our daily run, as of Nov 12, 2026. Bottom signs: the bottoming test, data through Nov 13, 11:00 UTC.

In the indexOn the bottoming map

What moved

Our daily run's published readings, as of Nov 12, 2026

Down 0.9 since Nov 5, mostly Demand: dip absorption's score fell 38 as its reading went from 1.03x to 0.94x.

Index58.2 to 57.2−0.9Nov 5 to Nov 12

  • Conviction+5.3

    Score 55 to 66

  • Demand−3.3

    Score 54 to 41

  • Relative strength−2.7

    Score 64 to 43

    Price over 7 days +39% to −17%

  • Market health−0.3

    Score 73 to 71

Each area's points are its part of the index's change, rounded, so they may not add up to it exactly. Tap a metric for what's behind it.

Behind each metric

Our daily run, as of Nov 12, 2026

Conviction

Demand

How much buying met the selling during recent dips.

Value
0.94x
Score
40 / 100
In Memes
#4 of 18

Since Nov 5Score 78 to 40 −38. Value 1.03x to 0.94x.

Dip absorption, value 38 days

0.94x on Nov 12, 1.03x a week earlier, range 0.94x to 1.05x since Oct 6

Dip absorption, score 38 days

40.3 on Nov 12, 77.9 a week earlier, range 40.3 to 82.1 since Oct 6

Each dip it reads: what holders bought and sold from the peak to the low

  • Nov 5 to Nov 10−45%Bought 99.69MSold 101.71M
  • Oct 28 to Nov 2−59%Bought 147.83MSold 165.04M
  • Oct 20 to Oct 24−52%Bought 156.06MSold 148.74M
  • Oct 16 to Oct 18−47%Bought 82.44MSold 96.96M

In tokens.

Dip absorption score against other coins

0255075100median 16BATON 40

BATON's score 40, #4 of 18 in Memes; median 16. Tap a logo to see which coin it is.

Value and score: our daily run, day by day from Oct 6 to Nov 12, 2026. Rank: today's scores in Memes. Dips: CoinGecko's on-chain prices; buying and selling: our daily run, from on-chain data.

Market health

Relative strength

Holders over time

Holders and the largest wallet: our daily run, from on-chain data. Cap and liquidity: DEX Screener at each daily run. From Oct 6 to Nov 12, 2026

Holders ($100+) 38 days

1,599 on Nov 12, 1,794 a week earlier, range 1,427 to 2,723 since Oct 6

The largest wallet's share 38 days

2.9% on Nov 12, 2.9% a week earlier, range 2.9% to 2.9% since Oct 6

Market cap 38 days

$3.6M on Nov 12, $5.5M a week earlier, range $3.3M to $15.6M since Oct 6

DEX liquidity 38 days

$643K on Nov 12, $910K a week earlier, range $632K to $1.9M since Oct 6

Index and rank

Our daily run, day by day from Oct 6 to Nov 12, 2026

Index over time 38 days

57.2 on Nov 12, 58.2 a week earlier, range 34.5 to 60.1 since Oct 6

Rank

Against the 8 meme coins nearest its market cap

#1#2#3#4#5#6#7#8#9Oct 6Oct 18Oct 31Nov 12BUTTCOINTENDIESHMMBATONBONERUBIKMEMEJEANPHILSI

BATON #4 of 9 today, #4 of 9 a week ago (Nov 5) and #6 of 7 on Oct 6. Among all 27 meme coins it's #16 today. The 8 are the nearest by today's caps, so the set can change as caps move. Tap a line or a logo to see which coin it is.

On an earlier day, it ranks among those of these coins that had a reading that day.

Bottom signs, the full breakdown

Bottoming test, from Dune trades, data through Nov 13, 11:00 UTC

Not enough data to read yetWe can't yet see what enough of its sellers paid, so its signs aren't shown.

Drawdown
In a drawdown: now 70% under its 30-day high (Oct 15), 76% under it at the low

The three signs

Not enough data to read yet: we can't yet see what enough of its sellers paid.

Our data covers all of this coin's main pools.

Drawdowns

CoinGecko's on-chain prices, as daily highs and lows; our daily run, as of Nov 12, 2026

  • 15major falls since Sep 9
  • −52%median fall, peak to low
  • 2 daysmedian time, peak to low
  • −45%still open, from the Nov 5 peak so far

Each fall, peak to low 15 since Sep 9

0%−50%−100%OctNovtoday−75%−45%, still open

Deepest −75% from the Sep 14 peak; still open: −45% from the Nov 5 peak so far.

Still open: price hasn't come well back off its low yet, so the fall may still deepen. The bottom signs read where the price is now.

Each fall, with its dates and capsHide the list
  1. −45%Nov 5 to Nov 105 days from peak to low$6.6M to $3.7MStill open
  2. −59%Oct 28 to Nov 25 days from peak to low$7.2M to $3.0MOver
  3. −52%Oct 20 to Oct 244 days from peak to low$9.5M to $4.5MOver
  4. −47%Oct 16 to Oct 182 days from peak to low$11.4M to $6.0MOver
  5. −57%Oct 12 to Oct 153 days from peak to low$18.4M to $8.0MOver
  6. −36%Oct 7 to Oct 81 day from peak to low$11.4M to $7.3MOver
  7. −54%Oct 4 to Oct 62 days from peak to low$14.9M to $6.9MOver
  8. −39%Oct 1 to Oct 32 days from peak to low$4.4M to $2.7MOver
  9. −45%Sep 29 to Sep 301 day from peak to low$5.0M to $2.8MOver
  10. −37%Sep 26 to Sep 271 day from peak to low$2.5M to $1.6MOver
  11. −71%Sep 20 to Sep 244 days from peak to low$3.6M to $1.0MOver
  12. −60%Sep 17 to Sep 192 days from peak to low$4.2M to $1.7MOver
  13. −75%Sep 14 to Sep 162 days from peak to low$10.8M to $2.6MOver
  14. −57%Sep 12 to Sep 131 day from peak to low$15.4M to $6.6MOver
  15. −38%Sep 9 to Sep 101 day from peak to low$2.2M to $1.4MOver

Caps: the peak day's high and the low day's low, at today's supply. Over: price came well back off the low, though not always to the peak.

Against its peers

Our daily run, as of Nov 12, 2026; caps as read on Nov 13, 2026

Its index and four areas next to the median of the 27 meme coins in the index, and the three meme coins nearest its market cap.

CoinIndexConDemMktRS
BATON$3.6M57.266417143
Memes median27 coins58.074345040
TENDIES$3.7M66.488375054
BONER$3.9M55.674226938
MEME$3.2M51.366149325

above its category's medianCon: ConvictionDem: DemandMkt: Market healthRS: Relative strength

Relative strength

Over its last 7 days its price moved −17%, against −20% for the median of its peers.

Sources: price and liquidity from DEX Screener, read by our daily run; the cap is that price times the supply we count, and the index page reprices caps through the day, so its cap can differ. Holders, the index and drawdowns: our daily run, from on-chain data and CoinGecko's prices. Bottom signs: the bottoming test, from Dune trades. What the coin is: drafted with AI from the sources it lists, and checked by a partner.

Sparsity describes on-chain behaviour. Nothing here is investment advice.
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