AC Milan Fan Token vs Waves — how do they compare? AC Milan Fan Token trades at Rp4,766 (market cap Rp66,97M, Rp32,31M 24h volume), while Waves trades at Rp3,518 (market cap Rp542,7M, Rp54,88M 24h volume). The key difference: Waves is far larger — about 8.1× AC Milan Fan Token's market cap, and AC Milan Fan Token's supply is capped (14M / 19,9M ACM (71%)) while Waves's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold AC Milan Fan Token for 97 Days and Waves for 74 Days on average.
| ACM | WAVES | |
|---|---|---|
Market Cap | Rp66,97M | Rp542,7M |
Volume (24h) | Rp32,31M | Rp54,88M |
Circulating Supply | 14M / 19,9M ACM (71%) | 133,5M WAVES |
Typical Hold Time | 97 Days | 74 Days |
Signals from Pluang's Aura AI — not financial advice
AC Milan Fan Token (ACM) is currently trading at Rp4,751 with a market cap of Rp66.68 million, showing bearish technical signals overall despite oscillators indicating some bullish momentum. The token's circulating supply stands at 14 million out of 19.9 million maximum, with a 71% circulation rate and average hold time of 97 days. Technical analysis reveals key support at Rp4,665 and resistance at Rp4,777, with RSI indicators in neutral territory suggesting potential for movement in either direction.
The overall outlook remains cautious with bearish technical dominance, though oscillators suggest potential for short-term recovery. Key opportunities include fan engagement utility and sports ecosystem integration, while major risks involve typical crypto volatility, limited liquidity, and dependency on AC Milan's sporting performance. Investors should monitor trading volume patterns and fan token market sentiment closely.
WAVES is currently trading at Rp 3,509, exhibiting a bearish technical structure with moving averages signaling strong selling pressure, though oscillators show some bullish divergence. The price is near key support at S1 (Rp 3,497), with resistance at R1 (Rp 3,585). No major protocol updates or ecosystem news were identified recently. The asset holds a market cap of approximately Rp 542.7 million with a circulating supply of 133.5 million tokens.
Overall outlook remains cautious due to dominant bearish signals and lack of positive catalysts. Key opportunity lies in a potential rebound from oversold RSI levels, but major risks include low liquidity, high volatility, and the absence of recent positive fundamental developments. Investors should monitor for breaks below support for further downside.
ACM is a fan token of the AC Milan football team. The token takes fan support to the next level and allows team fans the chance to get up close and personal with their favorite teams and players, through rewards such as VIP invites, meet and greets, and signed merchandise. ACM can be used for three main purposes which are governance (having a stake in the football club's decisions), rewards (based on engagement), and staking (tokens will be able to be staked to earn NFTs).
Read more on ACM →Waves is a versatile blockchain platform that supports decentralized applications (DApps) and smart contracts. Launched in June 2016 after one of the earliest ICOs, Waves aimed to enhance speed, utility, and user-friendliness compared to earlier blockchain platforms. The platform has evolved with various updates and features over time. Its native token, WAVES, has an uncapped supply and is used for payments like block rewards.
Read more on WAVES →