Covalent X Token vs IOST — how do they compare? Covalent X Token trades at Rp42.15 (market cap Rp41,5M, Rp2,62M 24h volume), while IOST trades at Rp9.76 (market cap Rp339,43M, Rp62,73M 24h volume). The key difference: IOST is far larger — about 8.2× Covalent X Token's market cap, and Covalent X Token's circulating supply is 972,3M / 1B CXT (98%) versus 34,8B / 90B IOST (39%) for IOST. Which is the better fit depends on your goals — on Pluang, investors hold Covalent X Token for 5 Days and IOST for 79 Days on average.
| CXT | IOST | |
|---|---|---|
Market Cap | Rp41,5M | Rp339,43M |
Volume (24h) | Rp2,62M | Rp62,73M |
Circulating Supply | 972,3M / 1B CXT (98%) | 34,8B / 90B IOST (39%) |
Typical Hold Time | 5 Days | 79 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 →IOST describes itself as an “ultra-fast,” fully fledged and decentralized blockchain network and ecosystem with its own nodes, wallets and based on the “next-generation” consensus protocol dubbed “proof-of-believability.”
Read more on IOST →