W Coin vs Mantle

Mantle (MNT) is 1213.5× the size of W Coin (WCO) by market capitalisation. Over the past 30 days, WCO is ahead by 32.7 percentage points (WCO +15.4% against MNT -17.3%). Their daily returns move barely together (correlation 0.30 across 20 shared trading days). WCO has been the more volatile of the two, at 117% annualised against MNT's 100%.

Correlation: 0.30
Size ratio: 1 : 1213.5
Ahead over 30 days: WCO

W CoinWCO

$0.000131

24h: -3.95%
Market cap: $1.31M
Volume 24h: $10,277
Volatility (ann.): 117%

MantleMNT

$0.479689

24h: +1.63%
Market cap: $1.58B
Volume 24h: $41.65M
Volatility (ann.): 100%

WCO 0.1%Share of the two combined market caps99.9% MNT

Performance

WCOMNT

7 days+4.82%-8.39%WCO
30 days+15.41%-17.29%WCO

Correlation

0.30over 20 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	WCO	MNT
Max drawdown (400d)	-18.8%	-31.8%
Risk-adjusted return (90d)	0.13	0.06

Relative strength over 90 days: MNT outperformed WCO by 0.5% — measured on the WCO/MNT ratio, so it holds regardless of market direction.

W Coin →Mantle →