XRP (XRP) is 9766986.8× the size of Decrypting (DCRYPT) by market capitalisation. Their daily returns move loosely together (correlation 0.36 across 182 shared trading days). DCRYPT has been the more volatile of the two, at 180% annualised against XRP's 65%.
DCRYPTXRP
0.36over 182 shared trading days
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.
| Metric | DCRYPT | XRP |
|---|---|---|
| Max drawdown (400d) | -96.2% | -67.3% |
| Risk-adjusted return (90d) | -0.54 | 0.37 |
| Best 30 days (past year) | — | +41.9% |
| Worst 30 days (past year) | — | -47.3% |
Relative strength over 90 days: XRP outperformed DCRYPT by 84.5% — measured on the DCRYPT/XRP ratio, so it holds regardless of market direction.