FLIP vs MemeCore

MemeCore (M) is 16193.8× the size of FLIP (FLIP) by market capitalisation. Over the past 30 days, M is ahead by 70.6 percentage points (FLIP -97.9% against M -27.3%). Their daily returns move barely together (correlation 0.21 across 23 shared trading days). FLIP has been the more volatile of the two, at 334% annualised against M's 108%.

Correlation: 0.21
Size ratio: 1 : 16193.8
Ahead over 30 days: M

FLIPFLIP

$0.000114

24h: +1.83%
Market cap: $114,352
Volume 24h: $71
Volatility (ann.): 334%

MemeCoreM

$0.807102

24h: -4.78%
Market cap: $1.85B
Volume 24h: $1.48M
Volatility (ann.): 108%

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

Performance

FLIPM

7 days-97.47%-19.79%M
30 days-97.90%-27.25%M

Correlation

0.21over 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	FLIP	M
Max drawdown (400d)	-98.0%	-41.1%
Risk-adjusted return (90d)	-0.29	-0.25

Relative strength over 90 days: M outperformed FLIP by 97.5% — measured on the FLIP/M ratio, so it holds regardless of market direction.

FLIP →MemeCore →