Bonk (BONK) is 21.2× the size of PepeCoin (PEPECOIN) by market capitalisation. Over the past 1 year, PEPECOIN is ahead by 12.0 percentage points (PEPECOIN -63.8% against BONK -75.8%). Their daily returns move loosely together (correlation 0.37 across 373 shared trading days). PEPECOIN has been the more volatile of the two, at 139% annualised against BONK's 100%.
PEPECOINBONK
0.37over 373 shared trading days
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.
| Metric | PEPECOIN | BONK |
|---|---|---|
| Max drawdown (400d) | -86.8% | -89.7% |
| Risk-adjusted return (90d) | 0.75 | 0.03 |
| Best 30 days (past year) | +199.3% | +37.0% |
| Worst 30 days (past year) | -61.0% | -51.0% |
Relative strength over 90 days: PEPECOIN outperformed BONK by 237.3% — measured on the PEPECOIN/BONK ratio, so it holds regardless of market direction.