Price movement over the last 24 hours
Algorand vs Waves — how do they compare? Algorand trades at Rp1,530 (market cap Rp13,68T, Rp533,87M 24h volume), while Waves trades at Rp4,632 (market cap Rp607,28M, Rp82,85M 24h volume). The key difference: Algorand is far larger — about 22526.7× Waves's market cap, and Algorand's supply is capped (9B / 10B ALGO (90%)) while Waves's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Algorand for 124 Days and Waves for 74 Days on average.
| ALGO | WAVES | |
|---|---|---|
Market Cap | Rp13,68T | Rp607,28M |
Volume (24h) | Rp533,87M | Rp82,85M |
Circulating Supply | 9B / 10B ALGO (90%) | 131,8M WAVES |
Typical Hold Time | 124 Days | 74 Days |
Signals from Pluang's Aura AI — not financial advice
Algorand (ALGO) is trading at Rp1,522 with a market cap of Rp13.61 trillion, showing a bearish technical signal overall. The asset's price is currently between support at Rp1,530 and resistance at Rp1,584, with moving averages strongly indicating a sell bias. The circulating supply is at 90% of its 10 million ALGO maximum. No major fundamental developments or recent protocol updates were identified for this analysis period.
The outlook for ALGO is cautious due to prevailing bearish technical indicators and neutral oscillators. Key opportunities lie in potential bounces from identified support levels, while major risks include continued downward pressure from moving averages and general cryptocurrency market volatility. Investors should monitor for shifts in on-chain activity and broader market sentiment.
Waves is currently trading at Rp4,628 with a bearish technical outlook, showing strong selling pressure in moving averages while oscillators remain neutral. The asset faces immediate resistance at Rp4,750 and support at Rp4,676. With a market cap of Rp619.06 million and 131.7 million tokens circulating, the network shows moderate on-chain activity with an average hold time of 74 days. No major protocol updates or ecosystem developments have been reported recently.
Overall outlook remains cautious with technical indicators favoring sellers. Key opportunities include potential bounce from support levels if broader crypto market sentiment improves. Major risks include continued bearish momentum, low trading volumes, and crypto-specific regulatory uncertainties. Investors should monitor key resistance levels for trend confirmation.
What Pluang investors did over the last 30 days
ALGO is the token of Algorand, a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. It also self-proclaimed as the “FutureFi” or Future of Finance. The technology is intentionally designed to enable the simple creation of next generation financial products and disrupt economic models across industries where the exchange of value can be made more efficient.
Read more on ALGO →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 →