Billions Network vs MemeCore

MemeCore (M) is 155.4× the size of Billions Network (BILL) by market capitalisation. Over the past 30 days, M is ahead by 14.7 percentage points (BILL -41.8% against M -27.1%). Their daily returns move barely in opposite directions (correlation -0.08 across 28 shared trading days). M has been the more volatile of the two, at 108% annualised against BILL's 73%.

Correlation: -0.08
Size ratio: 1 : 155.4
Ahead over 30 days: M

Billions NetworkBILL

$0.005113

24h: +0.79%
Market cap: $12.41M
Volume 24h: $2.57M
Volatility (ann.): 73%

MemeCoreM

$0.840979

24h: -1.61%
Market cap: $1.93B
Volume 24h: $592,591
Volatility (ann.): 108%

BILL 0.6%Share of the two combined market caps99.4% M

Performance

BILLM

7 days-15.34%-19.48%BILL
30 days-41.83%-27.12%M

Correlation

-0.08over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0890d: 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	BILL	M
Max drawdown (400d)	-43.9%	-41.1%
Risk-adjusted return (90d)	-0.60	-0.23

Relative strength over 90 days: M outperformed BILL by 45.8% — measured on the BILL/M ratio, so it holds regardless of market direction.

Billions Network →MemeCore →