Believe vs Fartcoin

Fartcoin (FARTCOIN) is 70.1× the size of Believe (BELIEVE) by market capitalisation. Over the past 30 days, BELIEVE is ahead by 32.4 percentage points (BELIEVE +15.7% against FARTCOIN -16.8%). Their daily returns move barely in opposite directions (correlation -0.20 across 29 shared trading days). FARTCOIN has been the more volatile of the two, at 156% annualised against BELIEVE's 113%.

Correlation: -0.20
Size ratio: 1 : 70.1
Ahead over 30 days: BELIEVE

BelieveBELIEVE

$0.001341

24h: -6.12%
Market cap: $1.72M
Volume 24h: $203,280
Volatility (ann.): 113%

FartcoinFARTCOIN

$0.120362

24h: +1.36%
Market cap: $120.29M
Volume 24h: $11.83M
Volatility (ann.): 156%

BELIEVE 1.4%Share of the two combined market caps98.6% FARTCOIN

Performance

BELIEVEFARTCOIN

7 days+0.95%-8.30%BELIEVE
30 days+15.68%-16.75%BELIEVE

Correlation

-0.20over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2090d: 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	BELIEVE	FARTCOIN
Max drawdown (400d)	-15.8%	-46.0%
Risk-adjusted return (90d)	0.04	-0.11

Relative strength over 90 days: BELIEVE outperformed FARTCOIN by 54.7% — measured on the BELIEVE/FARTCOIN ratio, so it holds regardless of market direction.

Believe →Fartcoin →