MEEP CAT vs Popcat

Popcat (POPCAT) is 2623.1× the size of MEEP CAT (MEEP) by market capitalisation. Over the past 30 days, POPCAT is ahead by 10.2 percentage points (MEEP -33.7% against POPCAT -23.5%). Their daily returns move barely together (correlation 0.34 across 21 shared trading days). POPCAT has been the more volatile of the two, at 104% annualised against MEEP's 82%.

Correlation: 0.34
Size ratio: 1 : 2623.1
Ahead over 30 days: POPCAT

MEEP CATMEEP

$1.398e-5

24h: —
Market cap: $13,964
Volume 24h: $10
Volatility (ann.): 82%

PopcatPOPCAT

$0.037378

24h: -7.18%
Market cap: $36.63M
Volume 24h: $4.95M
Volatility (ann.): 104%

MEEP 0.0%Share of the two combined market caps100.0% POPCAT

Performance

MEEPPOPCAT

7 days-15.39%-7.69%POPCAT
30 days-33.71%-23.46%POPCAT

Correlation

0.34over 21 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	MEEP	POPCAT
Max drawdown (400d)	-36.2%	-39.5%
Risk-adjusted return (90d)	-0.34	-0.21

Relative strength over 90 days: MEEP outperformed POPCAT by 3.9% — measured on the MEEP/POPCAT ratio, so it holds regardless of market direction.

MEEP CAT →Popcat →