Degen vs MemeCore

MemeCore (M) is 62.1× the size of Degen (DEGEN) by market capitalisation. Over the past 30 days, DEGEN is ahead by 13.7 percentage points (DEGEN -13.5% against M -27.3%). Their daily returns move loosely together (correlation 0.36 across 47 shared trading days). M has been the more volatile of the two, at 108% annualised against DEGEN's 78%.

Correlation: 0.36
Size ratio: 1 : 62.1
Ahead over 30 days: DEGEN

DegenDEGEN

$0.000866

24h: +0.63%
Market cap: $31.08M
Volume 24h: $3.42M
Volatility (ann.): 78%

MemeCoreM

$0.841021

24h: -2.17%
Market cap: $1.93B
Volume 24h: $1.95M
Volatility (ann.): 108%

DEGEN 1.6%Share of the two combined market caps98.4% M

Performance

DEGENM

7 days-5.52%-19.79%DEGEN
30 days-13.51%-27.25%DEGEN

Correlation

0.36over 47 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4990d: 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	DEGEN	M
Max drawdown (400d)	-26.2%	-41.1%
Risk-adjusted return (90d)	-0.20	-0.25

Relative strength over 90 days: DEGEN outperformed M by 13.2% — measured on the DEGEN/M ratio, so it holds regardless of market direction.

Degen →MemeCore →