Let's BONK vs Fartcoin

Fartcoin (FARTCOIN) is 569.6× the size of Let's BONK (LETSBONK) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 25.3 percentage points (LETSBONK -37.2% against FARTCOIN -11.9%). Their daily returns move closely together (correlation 0.79 across 28 shared trading days). FARTCOIN has been the more volatile of the two, at 155% annualised against LETSBONK's 116%.

Correlation: 0.79
Size ratio: 1 : 569.6
Ahead over 30 days: FARTCOIN

Let's BONKLETSBONK

$0.003128

24h: +4.03%
Market cap: $217,845
Volume 24h: $34,149
Volatility (ann.): 116%

FartcoinFARTCOIN

$0.124179

24h: +1.27%
Market cap: $124.09M
Volume 24h: $15.04M
Volatility (ann.): 155%

LETSBONK 0.2%Share of the two combined market caps99.8% FARTCOIN

Performance

LETSBONKFARTCOIN

7 days-8.02%-6.26%FARTCOIN
30 days-37.16%-11.87%FARTCOIN

Correlation

0.79over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7990d: 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	LETSBONK	FARTCOIN
Max drawdown (400d)	-40.4%	-46.0%
Risk-adjusted return (90d)	-0.29	-0.08

Relative strength over 90 days: FARTCOIN outperformed LETSBONK by 9.5% — measured on the LETSBONK/FARTCOIN ratio, so it holds regardless of market direction.

Let's BONK →Fartcoin →