Covalent X Token vs Ronin — how do they compare? Covalent X Token trades at Rp67.82 (market cap Rp66,46M, Rp3,61M 24h volume), while Ronin trades at Rp964.18 (market cap Rp742,85M, Rp68,96M 24h volume). The key difference: Ronin is far larger — about 11.2× Covalent X Token's market cap, and Covalent X Token's circulating supply is 967,1M / 1B CXT (97%) versus 772,4M / 1B RONIN (78%) for Ronin. Which is the better fit depends on your goals — on Pluang, investors hold Covalent X Token for 10 Days and Ronin for 52 Days on average.
| CXT | RONIN | |
|---|---|---|
Market Cap | Rp66,46M | Rp742,85M |
Volume (24h) | Rp3,61M | Rp68,96M |
Circulating Supply | 967,1M / 1B CXT (97%) | 772,4M / 1B RONIN (78%) |
Typical Hold Time | 10 Days | 52 Days |
What Pluang investors did over the last 30 days
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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 →Ronin is an EVM blockchain specifically forged for gaming. Launched by Sky Mavis, the creator of Web3’s breakout title Axie Infinity which has generated over $1.3B in revenue, Ronin is the only blockchain proven to scale a single game to accommodate millions of daily active users and has processed over $4B in NFT volumes. Ronin optimizes for near-instant transactions and negligible fees that enable millions of in-game transactions to occur seamlessly, making it the leading choice for Web3 games.
Read more on RONIN →