Chibification vs MemeCore

MemeCore (M) is 83111.5× the size of Chibification (CHIBI) by market capitalisation. Over the past 30 days, CHIBI is ahead by 1.6 percentage points (CHIBI -23.7% against M -25.3%). Their daily returns move barely in opposite directions (correlation -0.02 across 25 shared trading days). CHIBI has been the more volatile of the two, at 303% annualised against M's 107%.

Correlation: -0.02
Size ratio: 1 : 83111.5
Ahead over 30 days: CHIBI

ChibificationCHIBI

$2.274e-5

24h: -2.67%
Market cap: $22,726
Volume 24h: $175
Volatility (ann.): 303%

MemeCoreM

$0.823166

24h: -1.96%
Market cap: $1.89B
Volume 24h: $2.02M
Volatility (ann.): 107%

CHIBI 0.0%Share of the two combined market caps100.0% M

Performance

CHIBIM

7 days-5.80%-20.13%CHIBI
30 days-23.72%-25.32%CHIBI

Correlation

-0.02over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0290d: 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	CHIBI	M
Max drawdown (400d)	-51.2%	-41.1%
Risk-adjusted return (90d)	-0.09	-0.27

Relative strength over 90 days: M outperformed CHIBI by 3.5% — measured on the CHIBI/M ratio, so it holds regardless of market direction.

Chibification →MemeCore →