Freedom of Money vs MemeCore

MemeCore (M) is 1081.1× the size of Freedom of Money (FREEDOM OF MONEY) by market capitalisation. Over the past 30 days, M is ahead by 5.1 percentage points (FREEDOM OF MONEY -32.2% against M -27.1%). Their daily returns move barely together (correlation 0.17 across 30 shared trading days). FREEDOM OF MONEY has been the more volatile of the two, at 226% annualised against M's 108%.

Correlation: 0.17
Size ratio: 1 : 1081.1
Ahead over 30 days: M

Freedom of MoneyFREEDOM OF MONEY

$0.001801

24h: +13.11%
Market cap: $1.80M
Volume 24h: $56,639
Volatility (ann.): 226%

MemeCoreM

$0.848694

24h: -1.15%
Market cap: $1.95B
Volume 24h: $1.66M
Volatility (ann.): 108%

FREEDOM OF MONEY 0.1%Share of the two combined market caps99.9% M

Performance

FREEDOM OF MONEYM

7 days+9.11%-19.48%FREEDOM OF MONEY
30 days-32.23%-27.12%M

Correlation

0.17over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1790d: 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	FREEDOM OF MONEY	M
Max drawdown (400d)	-66.4%	-41.1%
Risk-adjusted return (90d)	-0.18	-0.23

Relative strength over 90 days: M outperformed FREEDOM OF MONEY by 25.7% — measured on the FREEDOM OF MONEY/M ratio, so it holds regardless of market direction.

Freedom of Money →MemeCore →