Memelinked vs MemeCore

MemeCore (M) is 3510.1× the size of Memelinked (MK) by market capitalisation. Over the past 30 days, MK is ahead by 64.3 percentage points (MK +37.0% against M -27.3%). Their daily returns move barely together (correlation 0.21 across 24 shared trading days). Both have run at a similar volatility, around 114% annualised.

Correlation: 0.21
Size ratio: 1 : 3510.1
Ahead over 30 days: MK

MemelinkedMK

$0.010508

24h: +7.41%
Market cap: $518,597
Volume 24h: $10
Volatility (ann.): 121%

MemeCoreM

$0.793384

24h: -6.25%
Market cap: $1.82B
Volume 24h: $723,643
Volatility (ann.): 108%

MK 0.0%Share of the two combined market caps100.0% M

Performance

MKM

7 days+4.29%-19.79%MK
30 days+37.03%-27.25%MK

Correlation

0.21over 24 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	MK	M
Max drawdown (400d)	-15.8%	-41.1%
Risk-adjusted return (90d)	0.41	-0.25

Relative strength over 90 days: MK outperformed M by 57.8% — measured on the MK/M ratio, so it holds regardless of market direction.

Memelinked →MemeCore →