8-Bit Coin vs Fartcoin

Fartcoin (FARTCOIN) is 43.8× the size of 8-Bit Coin (COIN) by market capitalisation. Over the past 30 days, COIN is ahead by 16.7 percentage points (COIN -0.0% against FARTCOIN -16.8%). Their daily returns move loosely together (correlation 0.41 across 24 shared trading days). FARTCOIN has been the more volatile of the two, at 156% annualised against COIN's 1%.

Correlation: 0.41
Size ratio: 1 : 43.8
Ahead over 30 days: COIN

8-Bit CoinCOIN

$2.733e-5

24h: -0.00%
Market cap: $2.73M
Volume 24h: $234,247
Volatility (ann.): 1%

FartcoinFARTCOIN

$0.119847

24h: +1.70%
Market cap: $119.84M
Volume 24h: $11.77M
Volatility (ann.): 156%

COIN 2.2%Share of the two combined market caps97.8% FARTCOIN

Performance

COINFARTCOIN

7 days+0.00%-8.30%COIN
30 days-0.04%-16.75%COIN

Correlation

0.41over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	COIN	FARTCOIN
Max drawdown (400d)	-0.1%	-46.0%
Risk-adjusted return (90d)	-0.12	-0.11

Relative strength over 90 days: COIN outperformed FARTCOIN by 54.2% — measured on the COIN/FARTCOIN ratio, so it holds regardless of market direction.

8-Bit Coin →Fartcoin →