XRP (XRP) is 74249372.6× the size of INVITE Token (INVITE) by market capitalisation. Over the past 1 year, XRP is ahead by 57.8 percentage points (INVITE -98.6% against XRP -40.8%). Their daily returns move barely together (correlation 0.06 across 363 shared trading days). INVITE has been the more volatile of the two, at 243% annualised against XRP's 65%.
INVITEXRP
0.06over 363 shared trading days
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.
| Metric | INVITE | XRP |
|---|---|---|
| Max drawdown (400d) | -99.4% | -67.3% |
| Risk-adjusted return (90d) | -0.38 | 0.37 |
| Best 30 days (past year) | — | +41.9% |
| Worst 30 days (past year) | — | -47.3% |
Relative strength over 90 days: XRP outperformed INVITE by 78.9% — measured on the INVITE/XRP ratio, so it holds regardless of market direction.