Mewing Coin vs MemeCore

MemeCore (M) is 73675.8× the size of Mewing Coin (MEWING) by market capitalisation. Over the past 30 days, MEWING is ahead by 3.3 percentage points (MEWING -23.9% against M -27.3%). Their daily returns move barely together (correlation 0.08 across 22 shared trading days). M has been the more volatile of the two, at 108% annualised against MEWING's 46%.

Correlation: 0.08
Size ratio: 1 : 73675.8
Ahead over 30 days: MEWING

Mewing CoinMEWING

$2.540e-5

24h: —
Market cap: $25,397
Volume 24h: —
Volatility (ann.): 46%

MemeCoreM

$0.815491

24h: -1.67%
Market cap: $1.87B
Volume 24h: $1.73M
Volatility (ann.): 108%

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

Performance

MEWINGM

7 days-6.08%-19.79%MEWING
30 days-23.92%-27.25%MEWING

Correlation

0.08over 22 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	MEWING	M
Max drawdown (400d)	-24.8%	-41.1%
Risk-adjusted return (90d)	-0.46	-0.25

Relative strength over 90 days: M outperformed MEWING by 12.3% — measured on the MEWING/M ratio, so it holds regardless of market direction.

Mewing Coin →MemeCore →