TokenPocket Token vs Kaspa

Kaspa (KAS) is 17.9× the size of TokenPocket Token (TPT) by market capitalisation. Over the past 30 days, TPT is ahead by 16.7 percentage points (TPT +6.6% against KAS -10.1%). Their daily returns move closely together (correlation 0.60 across 36 shared trading days). KAS has been the more volatile of the two, at 106% annualised against TPT's 60%.

Correlation: 0.60
Size ratio: 1 : 17.9
Ahead over 30 days: TPT

TokenPocket TokenTPT

$0.008571

24h: +1.25%
Market cap: $50.57M
Volume 24h: $6,817
Volatility (ann.): 60%

KaspaKAS

$0.032615

24h: +4.21%
Market cap: $906.21M
Volume 24h: $13.76M
Volatility (ann.): 106%

TPT 5.3%Share of the two combined market caps94.7% KAS

Performance

TPTKAS

7 days-1.99%-11.37%TPT
30 days+6.57%-10.15%TPT

Correlation

0.60over 36 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6290d: 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	TPT	KAS
Max drawdown (400d)	-21.8%	-34.1%
Risk-adjusted return (90d)	-0.03	0.17

Relative strength over 90 days: KAS outperformed TPT by 9.8% — measured on the TPT/KAS ratio, so it holds regardless of market direction.

TokenPocket Token →Kaspa →