Dotcom vs MemeCore

MemeCore (M) is 3201.3× the size of Dotcom (Y2K) by market capitalisation. Over the past 30 days, Y2K is ahead by 11.0 percentage points (Y2K -16.1% against M -27.1%). Their daily returns move barely in opposite directions (correlation -0.30 across 28 shared trading days). Y2K has been the more volatile of the two, at 200% annualised against M's 108%.

Correlation: -0.30
Size ratio: 1 : 3201.3
Ahead over 30 days: Y2K

DotcomY2K

$0.000614

24h: +0.21%
Market cap: $614,180
Volume 24h: $350
Volatility (ann.): 200%

MemeCoreM

$0.857124

24h: +2.85%
Market cap: $1.97B
Volume 24h: $1.68M
Volatility (ann.): 108%

Y2K 0.0%Share of the two combined market caps100.0% M

Performance

Y2KM

7 days-6.75%-19.48%Y2K
30 days-16.09%-27.12%Y2K

Correlation

-0.30over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3090d: 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	Y2K	M
Max drawdown (400d)	-46.1%	-41.1%
Risk-adjusted return (90d)	-0.23	-0.23

Relative strength over 90 days: M outperformed Y2K by 31.4% — measured on the Y2K/M ratio, so it holds regardless of market direction.

Dotcom →MemeCore →