frong vs Degen

Degen (DEGEN) is 14.6× the size of frong (FRONG) by market capitalisation. Over the past 30 days, DEGEN is ahead by 40.7 percentage points (FRONG -58.5% against DEGEN -17.8%). Their daily returns move barely together (correlation 0.09 across 45 shared trading days). FRONG has been the more volatile of the two, at 546% annualised against DEGEN's 78%.

Correlation: 0.09
Size ratio: 1 : 14.6
Ahead over 30 days: DEGEN

frongFRONG

$0.002134

24h: -1.10%
Market cap: $2.13M
Volume 24h: $82,283
Volatility (ann.): 546%

DegenDEGEN

$0.000866

24h: +0.91%
Market cap: $31.11M
Volume 24h: $3.25M
Volatility (ann.): 78%

FRONG 6.4%Share of the two combined market caps93.6% DEGEN

Performance

FRONGDEGEN

7 days-6.26%-7.09%FRONG
30 days-58.49%-17.76%DEGEN

Correlation

0.09over 45 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	FRONG	DEGEN
Max drawdown (400d)	-79.4%	-26.2%
Risk-adjusted return (90d)	0.00	-0.22

Relative strength over 90 days: DEGEN outperformed FRONG by 29.6% — measured on the FRONG/DEGEN ratio, so it holds regardless of market direction.

frong →Degen →