Memory cow Moo vs Degen

Degen (DEGEN) is 22.2× the size of Memory cow Moo (MOO) by market capitalisation. Over the past 30 days, DEGEN is ahead by 76.8 percentage points (MOO -94.6% against DEGEN -17.8%). Their daily returns move barely together (correlation 0.33 across 33 shared trading days). MOO has been the more volatile of the two, at 513% annualised against DEGEN's 78%.

Correlation: 0.33
Size ratio: 1 : 22.2
Ahead over 30 days: DEGEN

Memory cow MooMOO

$0.001411

24h: -4.81%
Market cap: $1.39M
Volume 24h: $979,020
Volatility (ann.): 513%

DegenDEGEN

$0.000860

24h: +1.20%
Market cap: $30.89M
Volume 24h: $2.99M
Volatility (ann.): 78%

MOO 4.3%Share of the two combined market caps95.7% DEGEN

Performance

MOODEGEN

7 days-22.16%-7.09%DEGEN
30 days-94.56%-17.76%DEGEN

Correlation

0.33over 33 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	MOO	DEGEN
Max drawdown (400d)	-95.7%	-26.2%
Risk-adjusted return (90d)	-0.18	-0.22

Relative strength over 90 days: DEGEN outperformed MOO by 91.9% — measured on the MOO/DEGEN ratio, so it holds regardless of market direction.

Memory cow Moo →Degen →