Pups (Bitcoin) vs MemeCore

MemeCore (M) is 696.3× the size of Pups (Bitcoin) (PUPS) by market capitalisation. Over the past 30 days, M is ahead by 5.4 percentage points (PUPS -32.5% against M -27.1%). Their daily returns move barely together (correlation 0.32 across 28 shared trading days). PUPS has been the more volatile of the two, at 231% annualised against M's 108%.

Correlation: 0.32
Size ratio: 1 : 696.3
Ahead over 30 days: M

Pups (Bitcoin)PUPS

$0.002771

24h: +0.85%
Market cap: $2.77M
Volume 24h: $7,863
Volatility (ann.): 231%

MemeCoreM

$0.840979

24h: -1.61%
Market cap: $1.93B
Volume 24h: $592,591
Volatility (ann.): 108%

PUPS 0.1%Share of the two combined market caps99.9% M

Performance

PUPSM

7 days-34.73%-19.48%M
30 days-32.53%-27.12%M

Correlation

0.32over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3290d: 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	PUPS	M
Max drawdown (400d)	-58.7%	-41.1%
Risk-adjusted return (90d)	-0.17	-0.23

Relative strength over 90 days: M outperformed PUPS by 22.2% — measured on the PUPS/M ratio, so it holds regardless of market direction.

Pups (Bitcoin) →MemeCore →