Puff The Dragon vs MemeCore

MemeCore (M) is 2053.3× the size of Puff The Dragon (PUFF) by market capitalisation. Over the past 30 days, M is ahead by 51.0 percentage points (PUFF -78.2% against M -27.1%). Their daily returns move barely in opposite directions (correlation -0.09 across 26 shared trading days). PUFF has been the more volatile of the two, at 239% annualised against M's 108%.

Correlation: -0.09
Size ratio: 1 : 2053.3
Ahead over 30 days: M

Puff The DragonPUFF

$0.001058

24h: —
Market cap: $940,097
Volume 24h: —
Volatility (ann.): 239%

MemeCoreM

$0.841470

24h: -1.15%
Market cap: $1.93B
Volume 24h: $515,323
Volatility (ann.): 108%

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

Performance

PUFFM

7 days-46.99%-19.48%M
30 days-78.15%-27.12%M

Correlation

-0.09over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0990d: 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	PUFF	M
Max drawdown (400d)	-81.4%	-41.1%
Risk-adjusted return (90d)	-0.33	-0.23

Relative strength over 90 days: M outperformed PUFF by 73.9% — measured on the PUFF/M ratio, so it holds regardless of market direction.

Puff The Dragon →MemeCore →