FTMTOKEN vs MemeCore

MemeCore (M) is 1676.5× the size of FTMTOKEN (FTMX) by market capitalisation. Over the past 30 days, M is ahead by 21.7 percentage points (FTMX -48.8% against M -27.1%). Their daily returns move loosely together (correlation 0.57 across 30 shared trading days). Both have run at a similar volatility, around 114% annualised.

Correlation: 0.57
Size ratio: 1 : 1676.5
Ahead over 30 days: M

FTMTOKENFTMX

$0.003244

24h: -1.08%
Market cap: $1.15M
Volume 24h: $78,997
Volatility (ann.): 119%

MemeCoreM

$0.841697

24h: -2.58%
Market cap: $1.93B
Volume 24h: $632,723
Volatility (ann.): 108%

FTMX 0.1%Share of the two combined market caps99.9% M

Performance

FTMXM

7 days-18.44%-19.48%FTMX
30 days-48.79%-27.12%M

Correlation

0.57over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5790d: 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	FTMX	M
Max drawdown (400d)	-52.5%	-41.1%
Risk-adjusted return (90d)	-0.44	-0.23

Relative strength over 90 days: M outperformed FTMX by 40.0% — measured on the FTMX/M ratio, so it holds regardless of market direction.

FTMTOKEN →MemeCore →