WAGMI vs Fartcoin

Fartcoin (FARTCOIN) is 706.1× the size of WAGMI (WAGMI) by market capitalisation. Over the past 30 days, FARTCOIN is ahead by 54.7 percentage points (WAGMI -71.5% against FARTCOIN -16.8%). Their daily returns move barely together (correlation 0.32 across 29 shared trading days). WAGMI has been the more volatile of the two, at 207% annualised against FARTCOIN's 156%.

Correlation: 0.32
Size ratio: 1 : 706.1
Ahead over 30 days: FARTCOIN

WAGMIWAGMI

$0.000179

24h: +3.79%
Market cap: $178,920
Volume 24h: $4,742
Volatility (ann.): 207%

FartcoinFARTCOIN

$0.126329

24h: +7.12%
Market cap: $126.34M
Volume 24h: $16.91M
Volatility (ann.): 156%

WAGMI 0.1%Share of the two combined market caps99.9% FARTCOIN

Performance

WAGMIFARTCOIN

7 days-30.48%-8.30%FARTCOIN
30 days-71.46%-16.75%FARTCOIN

Correlation

0.32over 29 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	WAGMI	FARTCOIN
Max drawdown (400d)	-75.0%	-46.0%
Risk-adjusted return (90d)	-0.35	-0.11

Relative strength over 90 days: FARTCOIN outperformed WAGMI by 57.8% — measured on the WAGMI/FARTCOIN ratio, so it holds regardless of market direction.

WAGMI →Fartcoin →