GME (Ethereum) vs MemeCore

MemeCore (M) is 589.3× the size of GME (Ethereum) (GME) by market capitalisation. Over the past 30 days, GME is ahead by 34.5 percentage points (GME +7.4% against M -27.1%). Their daily returns move barely together (correlation 0.34 across 30 shared trading days). GME has been the more volatile of the two, at 142% annualised against M's 108%.

Correlation: 0.34
Size ratio: 1 : 589.3
Ahead over 30 days: GME

GME (Ethereum)GME

$7.970e-6

24h: +3.58%
Market cap: $3.28M
Volume 24h: $14,745
Volatility (ann.): 142%

MemeCoreM

$0.841525

24h: -1.81%
Market cap: $1.93B
Volume 24h: $629,418
Volatility (ann.): 108%

GME 0.2%Share of the two combined market caps99.8% M

Performance

GMEM

7 days+47.90%-19.48%GME
30 days+7.36%-27.12%GME

Correlation

0.34over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3490d: 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	GME	M
Max drawdown (400d)	-36.9%	-41.1%
Risk-adjusted return (90d)	0.00	-0.23

Relative strength over 90 days: GME outperformed M by 26.2% — measured on the GME/M ratio, so it holds regardless of market direction.

GME (Ethereum) →MemeCore →