Pepecoin vs MemeCore

MemeCore (M) is 224.4× the size of Pepecoin (PEP) by market capitalisation. Over the past 30 days, M is ahead by 14.8 percentage points (PEP -41.9% against M -27.1%). Their daily returns move loosely together (correlation 0.45 across 22 shared trading days). PEP has been the more volatile of the two, at 269% annualised against M's 108%.

Correlation: 0.45
Size ratio: 1 : 224.4
Ahead over 30 days: M

PepecoinPEP

$8.374e-5

24h: +1.70%
Market cap: $8.60M
Volume 24h: $88,729
Volatility (ann.): 269%

MemeCoreM

$0.841033

24h: -1.84%
Market cap: $1.93B
Volume 24h: $655,824
Volatility (ann.): 108%

PEP 0.4%Share of the two combined market caps99.6% M

Performance

PEPM

7 days-2.46%-19.48%PEP
30 days-41.93%-27.12%M

Correlation

0.45over 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	PEP	M
Max drawdown (400d)	-45.3%	-41.1%
Risk-adjusted return (90d)	-0.16	-0.23

Relative strength over 90 days: M outperformed PEP by 45.9% — measured on the PEP/M ratio, so it holds regardless of market direction.

Pepecoin →MemeCore →