Clearing the checklist in the last lesson gets a token one of two labels on our ledger. Covered means it passed everything. Flagged means it was measured, failed at least one check, and we published it anyway with the exact reason written down - we do not quietly drop a token that fails, and we do not cover it as though it had cleared. As measured on 12 October 2026, the ledger carries eight written-up tokens: six covered, two flagged.
Both flagged entries failed the same kind of check, for different amounts. One token's deepest pool was 100% locked, but newer pools with no lock at all had grown large enough to pull its overall locked share to 77.0%, under our 90% floor - and the figure kept falling: 91.5% when first measured on 20 August, 85.8% that evening, 77.1% the next morning, with nothing about the locked pool itself changing. The other token's locked share sat at 84.6%, also under the floor, after clearing it on only 4 of 38 daily measurements since early August. Flagged is not a softer version of covered. It is the same measurement, with a number that did not clear.
Every write-up also carries an outcome tag that updates daily: alive means still trading with real liquidity; faded means its market cap has fallen under 40% of what it was the day we covered it; rugged means its liquidity has collapsed below $5,000. As of 12 October 2026, every one of the eight is tagged alive - none has faded or been rugged yet. That will not stay true forever, and the page will say so the day it changes, for whichever token it happens to.
A snapshot, dated, so it is clear this moves: one covered token's market cap went from $10.3 million at coverage to $8.5 million; another went from $3.2 million to $3.4 million; a flagged one went from $39.2 million to $33.3 million. Up for some, down for others, on the same page, at the same time - because the point of the record is not to show winners, it is to show what actually happened. For the current numbers on any of them, read the live ledger rather than this lesson; it is re-measured daily and this page is not.
This is why it is not a buy list. Covered and flagged both mean measured, not endorsed - a human decided it cleared enough of the checklist to be worth writing about, not that it is worth buying. Putting a loss next to a gain on the same table, instead of only showing the ones that worked out, is a disclosure, not a pitch. The full record, updated daily, is at rebatemax.trading/research-ledger.
Every meme coin on our partner exchanges, measured and graded, is on the memecoin desk — one page per coin, losers included. Or put numbers on your own trades with the fee calculator.