BLUE CHIP vs Degen

Degen (DEGEN) is 9.3× the size of BLUE CHIP (BLUECHIP) by market capitalisation. Over the past 30 days, DEGEN is ahead by 82.2 percentage points (BLUECHIP -100.0% against DEGEN -17.8%). Their daily returns move closely together (correlation 0.71 across 23 shared trading days). BLUECHIP has been the more volatile of the two, at 480% annualised against DEGEN's 78%.

Correlation: 0.71
Size ratio: 1 : 9.3
Ahead over 30 days: DEGEN

BLUE CHIPBLUECHIP

$0.003423

24h: -7.54%
Market cap: $3.42M
Volume 24h: $687,641
Volatility (ann.): 480%

DegenDEGEN

$0.000887

24h: +3.10%
Market cap: $31.83M
Volume 24h: $3.35M
Volatility (ann.): 78%

BLUECHIP 9.7%Share of the two combined market caps90.3% DEGEN

Performance

BLUECHIPDEGEN

7 days-99.98%-7.09%DEGEN
30 days-99.99%-17.76%DEGEN

Correlation

0.71over 23 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	BLUECHIP	DEGEN
Max drawdown (400d)	-100.0%	-26.2%
Risk-adjusted return (90d)	-0.21	-0.22

Relative strength over 90 days: DEGEN outperformed BLUECHIP by 100.0% — measured on the BLUECHIP/DEGEN ratio, so it holds regardless of market direction.

BLUE CHIP →Degen →