ByteLeap vs Venice Token

Venice Token (VVV) is 440.9× the size of ByteLeap (SN128) by market capitalisation. Over the past 30 days, SN128 is ahead by 26.9 percentage points (SN128 +24.1% against VVV -2.8%). Their daily returns move loosely together (correlation 0.57 across 21 shared trading days). VVV has been the more volatile of the two, at 170% annualised against SN128's 104%.

Correlation: 0.57
Size ratio: 1 : 440.9
Ahead over 30 days: SN128

ByteLeapSN128

$0.598210

24h: +1.47%
Market cap: $2.70M
Volume 24h: $5,380
Volatility (ann.): 104%

Venice TokenVVV

$24.3800

24h: +18.07%
Market cap: $1.19B
Volume 24h: $40.63M
Volatility (ann.): 170%

SN128 0.2%Share of the two combined market caps99.8% VVV

Performance

SN128VVV

7 days-2.16%-12.69%SN128
30 days+24.12%-2.78%SN128

Correlation

0.57over 21 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	SN128	VVV
Max drawdown (400d)	-19.6%	-29.6%
Risk-adjusted return (90d)	0.23	0.54

Relative strength over 90 days: VVV outperformed SN128 by 23.4% — measured on the SN128/VVV ratio, so it holds regardless of market direction.

ByteLeap →Venice Token →