Market Dominance vs Fartcoin

Fartcoin (FARTCOIN) is 217.7× the size of Market Dominance (MD) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 31.7 percentage points (MD -48.4% against FARTCOIN -16.8%). Their daily returns move loosely together (correlation 0.54 across 29 shared trading days). Both have run at a similar volatility, around 163% annualised.

Correlation: 0.54
Size ratio: 1 : 217.7
Ahead over 30 days: FARTCOIN

Market DominanceMD

$0.001006

24h: -0.71%
Market cap: $553,241
Volume 24h: $394
Volatility (ann.): 171%

FartcoinFARTCOIN

$0.120457

24h: +1.24%
Market cap: $120.45M
Volume 24h: $11.85M
Volatility (ann.): 156%

MD 0.5%Share of the two combined market caps99.5% FARTCOIN

Performance

MDFARTCOIN

7 days-9.36%-8.30%FARTCOIN
30 days-48.42%-16.75%FARTCOIN

Correlation

0.54over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5490d: 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	MD	FARTCOIN
Max drawdown (400d)	-68.6%	-46.0%
Risk-adjusted return (90d)	-0.40	-0.11

Relative strength over 90 days: FARTCOIN outperformed MD by 52.7% — measured on the MD/FARTCOIN ratio, so it holds regardless of market direction.

Market Dominance →Fartcoin →