Drip Network vs Bitway

Drip Network (DRIP) and Bitway (BTW) compared side by side. Over the past 30 days, BTW is ahead by 51.5 percentage points (DRIP -6.1% against BTW +45.5%). Their daily returns move barely together (correlation 0.33 across 20 shared trading days). BTW has been the more volatile of the two, at 362% annualised against DRIP's 50%.

Correlation: 0.33
Ahead over 30 days: BTW

Drip NetworkDRIP

$0.001359

24h: +0.41%
Market cap: —
Volume 24h: $26
Volatility (ann.): 50%

BitwayBTW

$1.0180

24h: +5.87%
Market cap: $1.53B
Volume 24h: $6.38M
Volatility (ann.): 362%

DRIP 0.0%Share of the two combined market caps100.0% BTW

Performance

DRIPBTW

7 days-3.62%-40.12%DRIP
30 days-6.06%+45.45%BTW

Correlation

0.33over 20 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	DRIP	BTW
Max drawdown (400d)	-14.0%	-60.7%
Risk-adjusted return (90d)	-0.12	0.48

Relative strength over 90 days: DRIP outperformed BTW by 57.8% — measured on the DRIP/BTW ratio, so it holds regardless of market direction.

Drip Network →Bitway →