Make TON Great Again vs Utya

Utya (UTYA) is 46.2× the size of Make TON Great Again (MTONGA) by market capitalisation. Over the past 30 days, MTONGA is ahead by 32.5 percentage points (MTONGA +9.0% against UTYA -23.4%). Their daily returns move closely together (correlation 0.66 across 35 shared trading days). UTYA has been the more volatile of the two, at 200% annualised against MTONGA's 126%.

Correlation: 0.66
Size ratio: 1 : 46.2
Ahead over 30 days: MTONGA

Make TON Great AgainMTONGA

$0.004130

24h: +3.90%
Market cap: $412,950
Volume 24h: $1,362
Volatility (ann.): 126%

UtyaUTYA

$0.019076

24h: +2.36%
Market cap: $19.08M
Volume 24h: $357,687
Volatility (ann.): 200%

MTONGA 2.1%Share of the two combined market caps97.9% UTYA

Performance

MTONGAUTYA

7 days-10.59%-4.78%UTYA
30 days+9.05%-23.40%MTONGA

Correlation

0.66over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6890d: 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	MTONGA	UTYA
Max drawdown (400d)	-26.0%	-53.0%
Risk-adjusted return (90d)	0.05	-0.23

Relative strength over 90 days: MTONGA outperformed UTYA by 69.2% — measured on the MTONGA/UTYA ratio, so it holds regardless of market direction.

Make TON Great Again →Utya →