Biconomy Exchange Token vs WhiteBIT Coin

WhiteBIT Coin (WBT) is 14389.9× the size of Biconomy Exchange Token (BIT) by market capitalisation. Over the past 30 days, WBT is ahead by 65.6 percentage points (BIT -72.4% against WBT -6.8%). Their daily returns move loosely together (correlation 0.60 across 26 shared trading days). BIT has been the more volatile of the two, at 237% annualised against WBT's 59%.

Correlation: 0.60
Size ratio: 1 : 14389.9
Ahead over 30 days: WBT

Biconomy Exchange TokenBIT

$2.300e-6

24h: -0.23%
Market cap: $620,948
Volume 24h: $787,695
Volatility (ann.): 237%

WhiteBIT CoinWBT

$75.2900

24h: +1.21%
Market cap: $8.94B
Volume 24h: $135.00M
Volatility (ann.): 59%

BIT 0.0%Share of the two combined market caps100.0% WBT

Performance

BITWBT

7 days-74.49%-3.75%WBT
30 days-72.36%-6.78%WBT

Correlation

0.60over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6090d: 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	BIT	WBT
Max drawdown (400d)	-75.8%	-12.4%
Risk-adjusted return (90d)	-0.30	0.62

Relative strength over 90 days: WBT outperformed BIT by 73.7% — measured on the BIT/WBT ratio, so it holds regardless of market direction.

Biconomy Exchange Token →WhiteBIT Coin →