BOOK OF MEME (BOME) is 1523.5× the size of Blast Pepe (BEPE) by market capitalisation. Their daily returns move loosely together (correlation 0.55 across 121 shared trading days). Both have run at a similar volatility, around 118% annualised.
BEPEBOME
0.55over 121 shared trading days
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.
| Metric | BEPE | BOME |
|---|---|---|
| Max drawdown (400d) | -78.4% | -79.5% |
| Risk-adjusted return (90d) | -0.24 | 0.02 |
| Best 30 days (past year) | — | +186.8% |
| Worst 30 days (past year) | — | -52.9% |
Relative strength over 90 days: BOME outperformed BEPE by 47.5% — measured on the BEPE/BOME ratio, so it holds regardless of market direction.