Prophet of Ethereum vs MemeCore

MemeCore (M) is 5620.1× the size of Prophet of Ethereum (PROPHET) by market capitalisation. Over the past 30 days, PROPHET is ahead by 55.1 percentage points (PROPHET +27.8% against M -27.3%). Their daily returns move barely together (correlation 0.18 across 24 shared trading days). PROPHET has been the more volatile of the two, at 136% annualised against M's 108%.

Correlation: 0.18
Size ratio: 1 : 5620.1
Ahead over 30 days: PROPHET

Prophet of EthereumPROPHET

$0.000339

24h: +6.31%
Market cap: $338,669
Volume 24h: $505
Volatility (ann.): 136%

MemeCoreM

$0.829625

24h: -1.84%
Market cap: $1.90B
Volume 24h: $1.68M
Volatility (ann.): 108%

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

Performance

PROPHETM

7 days+17.62%-19.79%PROPHET
30 days+27.83%-27.25%PROPHET

Correlation

0.18over 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	PROPHET	M
Max drawdown (400d)	-43.0%	-41.1%
Risk-adjusted return (90d)	0.01	-0.25

Relative strength over 90 days: PROPHET outperformed M by 51.4% — measured on the PROPHET/M ratio, so it holds regardless of market direction.

Prophet of Ethereum →MemeCore →