PondCoin vs MemeCore

MemeCore (M) is 289.6× the size of PondCoin (PNDC) by market capitalisation. Over the past 30 days, M is ahead by 23.4 percentage points (PNDC -50.5% against M -27.1%). Their daily returns move barely together (correlation 0.03 across 32 shared trading days). PNDC has been the more volatile of the two, at 218% annualised against M's 108%.

Correlation: 0.03
Size ratio: 1 : 289.6
Ahead over 30 days: M

PondCoinPNDC

$4.775e-8

24h: -2.64%
Market cap: $6.67M
Volume 24h: $2,103
Volatility (ann.): 218%

MemeCoreM

$0.841697

24h: -2.58%
Market cap: $1.93B
Volume 24h: $632,723
Volatility (ann.): 108%

PNDC 0.3%Share of the two combined market caps99.7% M

Performance

PNDCM

7 days-2.00%-19.48%PNDC
30 days-50.48%-27.12%M

Correlation

0.03over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0490d: 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	PNDC	M
Max drawdown (400d)	-69.5%	-41.1%
Risk-adjusted return (90d)	-0.32	-0.23

Relative strength over 90 days: M outperformed PNDC by 61.1% — measured on the PNDC/M ratio, so it holds regardless of market direction.

PondCoin →MemeCore →