Volatility Primer: Meme Tokens vs. Infrastructure Assets

Meme tokens are a stress test for portfolio math. Using a year of demo daily data, we compute drawdowns, annualized volatility and recovery times.

Median max drawdown exceeds 70% for the meme cohort, versus roughly 40% for infrastructure assets. Volatility is not only higher but more volatile itself — clusters of calm alternate with violent repricings.

We provide the calculations as reusable analytics functions with unit tests. This is research, not a recommendation to trade.