Pieverse vs Venice Token

Venice Token (VVV) is 3.2× the size of Pieverse (PIEVERSE) by market capitalisation. Over the past 30 days, PIEVERSE is ahead by 0.8 percentage points (PIEVERSE +0.8% against VVV +0.0%). Their daily returns move loosely together (correlation 0.38 across 59 shared trading days). VVV has been the more volatile of the two, at 169% annualised against PIEVERSE's 144%.

Correlation: 0.38
Size ratio: 1 : 3.2
Ahead over 30 days: PIEVERSE

PieversePIEVERSE

$1.1900

24h: +2.20%
Market cap: $326.13M
Volume 24h: $5.52M
Volatility (ann.): 144%

Venice TokenVVV

$21.3100

24h: -3.95%
Market cap: $1.04B
Volume 24h: $57.49M
Volatility (ann.): 169%

PIEVERSE 23.9%Share of the two combined market caps76.1% VVV

Performance

PIEVERSEVVV

7 days+14.98%-9.39%PIEVERSE
30 days+0.85%+0.00%PIEVERSE

Correlation

0.38over 59 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.8790d: 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	PIEVERSE	VVV
Max drawdown (400d)	-38.7%	-29.6%
Risk-adjusted return (90d)	0.28	0.50

Relative strength over 90 days: VVV outperformed PIEVERSE by 23.9% — measured on the PIEVERSE/VVV ratio, so it holds regardless of market direction.

Pieverse →Venice Token →