Chirper AI vs OriginTrail

OriginTrail (TRAC) is 707.6× the size of Chirper AI (CHIRP) by market capitalisation. Over the past 30 days, TRAC is ahead by 30.7 percentage points (CHIRP -22.8% against TRAC +7.8%). Their daily returns move barely together (correlation 0.32 across 23 shared trading days). TRAC has been the more volatile of the two, at 104% annualised against CHIRP's 44%.

Correlation: 0.32
Size ratio: 1 : 707.6
Ahead over 30 days: TRAC

Chirper AICHIRP

$0.000226

24h: +4.50%
Market cap: $221,881
Volume 24h: $1,006
Volatility (ann.): 44%

OriginTrailTRAC

$0.351006

24h: +6.64%
Market cap: $157.00M
Volume 24h: $2.82M
Volatility (ann.): 104%

CHIRP 0.1%Share of the two combined market caps99.9% TRAC

Performance

CHIRPTRAC

7 days-7.48%-5.27%TRAC
30 days-22.84%+7.85%TRAC

Correlation

0.32over 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	CHIRP	TRAC
Max drawdown (400d)	-26.4%	-22.2%
Risk-adjusted return (90d)	-0.50	0.33

Relative strength over 90 days: CHIRP outperformed TRAC by 0.6% — measured on the CHIRP/TRAC ratio, so it holds regardless of market direction.

Chirper AI →OriginTrail →