POPDOG vs cat in a dogs world

cat in a dogs world (MEW) is 98.2× the size of POPDOG (POPDOG) by market capitalisation. Over the past 30 days, MEW is ahead by 93.5 percentage points (POPDOG -99.4% against MEW -5.9%). Their daily returns move loosely together (correlation 0.48 across 24 shared trading days). POPDOG has been the more volatile of the two, at 358% annualised against MEW's 98%.

Correlation: 0.48
Size ratio: 1 : 98.2
Ahead over 30 days: MEW

POPDOGPOPDOG

$0.000351

24h: +4.20%
Market cap: $348,301
Volume 24h: $142
Volatility (ann.): 358%

cat in a dogs worldMEW

$0.000385

24h: +2.66%
Market cap: $34.21M
Volume 24h: $3.77M
Volatility (ann.): 98%

POPDOG 1.0%Share of the two combined market caps99.0% MEW

Performance

POPDOGMEW

7 days-99.46%-12.91%MEW
30 days-99.36%-5.88%MEW

Correlation

0.48over 24 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	POPDOG	MEW
Max drawdown (400d)	-99.5%	-24.8%
Risk-adjusted return (90d)	-0.28	-0.09

Relative strength over 90 days: MEW outperformed POPDOG by 99.4% — measured on the POPDOG/MEW ratio, so it holds regardless of market direction.

POPDOG →cat in a dogs world →