BONGO CAT vs Fartcoin

Fartcoin (FARTCOIN) is 257.4× the size of BONGO CAT (BONGO) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 6.4 percentage points (BONGO -18.3% against FARTCOIN -11.9%). Their daily returns move loosely together (correlation 0.56 across 30 shared trading days). Both have run at a similar volatility, around 145% annualised.

Correlation: 0.56
Size ratio: 1 : 257.4
Ahead over 30 days: FARTCOIN

BONGO CATBONGO

$0.000481

24h: -1.34%
Market cap: $480,794
Volume 24h: $649
Volatility (ann.): 135%

FartcoinFARTCOIN

$0.123751

24h: +6.12%
Market cap: $123.74M
Volume 24h: $17.21M
Volatility (ann.): 155%

BONGO 0.4%Share of the two combined market caps99.6% FARTCOIN

Performance

BONGOFARTCOIN

7 days-3.16%-6.26%BONGO
30 days-18.32%-11.87%FARTCOIN

Correlation

0.56over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5690d: 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	BONGO	FARTCOIN
Max drawdown (400d)	-36.2%	-46.0%
Risk-adjusted return (90d)	-0.22	-0.08

Relative strength over 90 days: FARTCOIN outperformed BONGO by 0.4% — measured on the BONGO/FARTCOIN ratio, so it holds regardless of market direction.

BONGO CAT →Fartcoin →