Covalent X Token vs MultiversX — how do they compare? Covalent X Token trades at Rp42.5 (market cap Rp41,59M, Rp2,62M 24h volume), while MultiversX trades at Rp46,783 (market cap Rp1,43T, Rp77,32M 24h volume). The key difference: MultiversX is far larger — about 34383.3× Covalent X Token's market cap, and Covalent X Token's supply is capped (972,3M / 1B CXT (98%)) while MultiversX's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Covalent X Token for 5 Days and MultiversX for 84 Days on average.
| CXT | EGLD | |
|---|---|---|
Market Cap | Rp41,59M | Rp1,43T |
Volume (24h) | Rp2,62M | Rp77,32M |
Circulating Supply | 972,3M / 1B CXT (98%) | 30,6M EGLD |
Typical Hold Time | 5 Days | 84 Days |
What Pluang investors did over the last 30 days
CXT is the utility and governance token of the Covalent Network, which safeguards Ethereum’s historical data. It is used for staking and enables holders to participate in decentralized governance. The network enhances data availability for developers building on the Ethereum ecosystem.
Read more on CXT →MultiversX (EGLD) is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project is known as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. The native token, EGLD, is used for paying network fees, staking and rewarding validators
Read more on EGLD →