Arsenal Fan Token vs Waves — how do they compare? Arsenal Fan Token trades at Rp3,017 (market cap Rp66,08M, Rp14,99M 24h volume), while Waves trades at Rp3,507 (market cap Rp542,7M, Rp54,88M 24h volume). The key difference: Waves is far larger — about 8.2× Arsenal Fan Token's market cap, and Arsenal Fan Token's supply is capped (23,2M / 40M AFC (58%)) while Waves's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Arsenal Fan Token for 13 Days and Waves for 74 Days on average.
| AFC | WAVES | |
|---|---|---|
Market Cap | Rp66,08M | Rp542,7M |
Volume (24h) | Rp14,99M | Rp54,88M |
Circulating Supply | 23,2M / 40M AFC (58%) | 133,5M WAVES |
Typical Hold Time | 13 Days | 74 Days |
Signals from Pluang's Aura AI — not financial advice
Arsenal Fan Token (AFC) shows limited market activity with a modest market cap of Rp66.08M and 58% circulating supply. The token exhibits low trading volumes and minimal price discovery, with hold time averaging 13 days indicating short-term speculative interest. No significant protocol updates or ecosystem developments were observed recently, suggesting stagnant network growth.
Overall outlook remains cautious due to thin liquidity and limited utility beyond fan engagement. Key opportunities include potential ecosystem expansion if Arsenal FC integrates more token utilities, while major risks include extreme volatility from low market depth and regulatory uncertainty for fan tokens in Indonesia.
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.
The Arsenal Fan Token is the official fan token of Arsenal FC, based in London. Launched in August 2021, the AFC token aims to connect the extensive Arsenal fan base with the club. AFC token holders can influence club decisions through polls, access exclusive content, and participate in quizzes and competitions. They also enjoy various privileges and can be part of gamification efforts that enhance interactions between the team and its fans.
Read more on AFC →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 →