Perpcoin vs MemeCore

MemeCore (M) is 17989.6× the size of Perpcoin (PERPCOIN) by market capitalisation. Over the past 30 days, PERPCOIN is ahead by 4.4 percentage points (PERPCOIN -22.9% against M -27.3%). Their daily returns move barely together (correlation 0.08 across 22 shared trading days). Both have run at a similar volatility, around 110% annualised.

Correlation: 0.08
Size ratio: 1 : 17989.6
Ahead over 30 days: PERPCOIN

PerpcoinPERPCOIN

$0.000104

24h: +2.12%
Market cap: $104,048
Volume 24h: $53
Volatility (ann.): 112%

MemeCoreM

$0.815789

24h: -3.28%
Market cap: $1.87B
Volume 24h: $1.68M
Volatility (ann.): 108%

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

Performance

PERPCOINM

7 days+9.88%-19.79%PERPCOIN
30 days-22.88%-27.25%PERPCOIN

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	PERPCOIN	M
Max drawdown (400d)	-35.1%	-41.1%
Risk-adjusted return (90d)	-0.21	-0.25

Relative strength over 90 days: M outperformed PERPCOIN by 8.1% — measured on the PERPCOIN/M ratio, so it holds regardless of market direction.

Perpcoin →MemeCore →