Memecoin vs Non-Playable Coin

Non-Playable Coin (NPC) is 5.2× the size of Memecoin (MEME) by market capitalisation. Over the past 30 days, MEME is ahead by 3.0 percentage points (MEME -19.6% against NPC -22.5%). Their daily returns move loosely together (correlation 0.60 across 47 shared trading days). NPC has been the more volatile of the two, at 160% annualised against MEME's 93%.

Correlation: 0.60
Size ratio: 1 : 5.2
Ahead over 30 days: MEME

MemecoinMEME

$0.000430

24h: -0.45%
Market cap: $27.83M
Volume 24h: $5.32M
Volatility (ann.): 93%

Non-Playable CoinNPC

$0.017877

24h: +16.13%
Market cap: $143.79M
Volume 24h: $2.22M
Volatility (ann.): 160%

MEME 16.2%Share of the two combined market caps83.8% NPC

Performance

MEMENPC

7 days-8.44%-9.20%MEME
30 days-19.56%-22.54%MEME

Correlation

0.60over 47 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7890d: 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	MEME	NPC
Max drawdown (400d)	-34.6%	-34.4%
Risk-adjusted return (90d)	-0.24	1.26

Relative strength over 90 days: NPC outperformed MEME by 55.5% — measured on the MEME/NPC ratio, so it holds regardless of market direction.

Memecoin →Non-Playable Coin →