A Meme Coin vs Degen

Degen (DEGEN) is 4.0× the size of A Meme Coin (AMC) by market capitalisation. Over the past 30 days, DEGEN is ahead by 24.4 percentage points (AMC -42.2% against DEGEN -17.8%). Their daily returns move barely together (correlation 0.07 across 22 shared trading days). AMC has been the more volatile of the two, at 1211% annualised against DEGEN's 78%.

Correlation: 0.07
Size ratio: 1 : 4.0
Ahead over 30 days: DEGEN

A Meme CoinAMC

$0.007792

24h: +26.93%
Market cap: $7.79M
Volume 24h: $1.75M
Volatility (ann.): 1211%

DegenDEGEN

$0.000863

24h: -0.47%
Market cap: $31.00M
Volume 24h: $3.05M
Volatility (ann.): 78%

AMC 20.1%Share of the two combined market caps79.9% DEGEN

Performance

AMCDEGEN

7 days-2.60%-7.09%AMC
30 days-42.17%-17.76%DEGEN

Correlation

0.07over 22 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	AMC	DEGEN
Max drawdown (400d)	-76.2%	-26.2%
Risk-adjusted return (90d)	-0.03	-0.22

Relative strength over 90 days: DEGEN outperformed AMC by 40.6% — measured on the AMC/DEGEN ratio, so it holds regardless of market direction.

A Meme Coin →Degen →