Pepe Unchained vs MemeCore

MemeCore (M) is 5186.3× the size of Pepe Unchained (PEPU) by market capitalisation. Over the past 30 days, M is ahead by 28.8 percentage points (PEPU -55.9% against M -27.1%). Their daily returns move barely together (correlation 0.16 across 28 shared trading days). Both have run at a similar volatility, around 105% annualised.

Correlation: 0.16
Size ratio: 1 : 5186.3
Ahead over 30 days: M

Pepe UnchainedPEPU

$3.127e-5

24h: -3.72%
Market cap: $372,184
Volume 24h: $29,808
Volatility (ann.): 101%

MemeCoreM

$0.841470

24h: -1.15%
Market cap: $1.93B
Volume 24h: $515,323
Volatility (ann.): 108%

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

Performance

PEPUM

7 days-25.47%-19.48%M
30 days-55.94%-27.12%M

Correlation

0.16over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1690d: 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	PEPU	M
Max drawdown (400d)	-62.9%	-41.1%
Risk-adjusted return (90d)	-0.61	-0.23

Relative strength over 90 days: M outperformed PEPU by 50.9% — measured on the PEPU/M ratio, so it holds regardless of market direction.

Pepe Unchained →MemeCore →