WhiteBIT Coin vs Rain

WhiteBIT Coin (WBT) is 2.0× the size of Rain (RAIN) by market capitalisation. Over the past 30 days, WBT is ahead by 51.5 percentage points (WBT -6.8% against RAIN -58.2%). Their daily returns move barely together (correlation 0.18 across 58 shared trading days). RAIN has been the more volatile of the two, at 134% annualised against WBT's 59%.

Correlation: 0.18
Size ratio: 2.0×
Ahead over 30 days: WBT

WhiteBIT CoinWBT

$75.2300

24h: +1.27%
Market cap: $8.93B
Volume 24h: $134.42M
Volatility (ann.): 59%

RainRAIN

$0.006153

24h: -1.91%
Market cap: $4.40B
Volume 24h: $9.52M
Volatility (ann.): 134%

WBT 67.0%Share of the two combined market caps33.0% RAIN

Performance

WBTRAIN

7 days-3.75%-8.29%WBT
30 days-6.78%-58.25%WBT

Correlation

0.18over 58 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1390d: 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	WBT	RAIN
Max drawdown (400d)	-12.4%	-68.5%
Risk-adjusted return (90d)	0.62	-0.37

Relative strength over 90 days: WBT outperformed RAIN by 171.0% — measured on the WBT/RAIN ratio, so it holds regardless of market direction.

WhiteBIT Coin →Rain →