Tole Tole vs Tether

Tether (USDT) is 232325.9× the size of Tole Tole (MEIMEI) by market capitalisation. Over the past 30 days, MEIMEI is ahead by 52.1 percentage points (MEIMEI +52.0% against USDT -0.1%). Their daily returns move barely in opposite directions (correlation -0.30 across 26 shared trading days). MEIMEI has been the more volatile of the two, at 1142% annualised against USDT's 1%.

Correlation: -0.30
Size ratio: 1 : 232325.9
Ahead over 30 days: MEIMEI

Tole ToleMEIMEI

$0.000767

24h: +6.25%
Market cap: $766,965
Volume 24h: $81,323
Volatility (ann.): 1142%

TetherUSDT

$0.998947

24h: +0.03%
Market cap: $178.19B
Volume 24h: $48.71B
Volatility (ann.): 1%

MEIMEI 0.0%Share of the two combined market caps100.0% USDT

Performance

MEIMEIUSDT

7 days+234.11%+0.03%MEIMEI
30 days+52.00%-0.08%MEIMEI

Correlation

-0.30over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3090d: 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	MEIMEI	USDT
Max drawdown (400d)	-73.7%	-0.2%
Risk-adjusted return (90d)	-0.01	-0.03

Relative strength over 90 days: USDT outperformed MEIMEI by 8.3% — measured on the MEIMEI/USDT ratio, so it holds regardless of market direction.

Tole Tole →Tether →