Degen vs Hooked Protocol — how do they compare? Degen trades at Rp25.61 (market cap Rp604,82M, Rp40,43M 24h volume), while Hooked Protocol trades at Rp131 (market cap Rp62,05M, Rp113,8M 24h volume). The key difference: Degen is far larger — about 9.7× Hooked Protocol's market cap, and Degen's supply is capped (23,6B / 37B DEGEN (64%)) while Hooked Protocol's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Degen for 14 Days and Hooked Protocol for 19 Days on average.
| DEGEN | HOOK | |
|---|---|---|
Market Cap | Rp604,82M | Rp62,05M |
Volume (24h) | Rp40,43M | Rp113,8M |
Circulating Supply | 23,6B / 37B DEGEN (64%) | 288,4M HOOK |
Typical Hold Time | 14 Days | 19 Days |
What Pluang investors did over the last 30 days
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Degen was originally created as a reward token for participants in Farcaster's Degen channel. Initially launched as a meme coin, it has since gained a strong community of developers, crypto creators, and enthusiasts. At the time of its launch, 15% of the total supply was airdropped to active members, and there are plans to eventually distribute 70% of the total supply through airdrops.
Read more on DEGEN →Hooked Protocol is an innovative edutainment network designed to introduce billions of users to Web3. It promotes mass adoption through engaging, gamified, and social learning experiences. Hooked simplifies onboarding for learners and developers by focusing on three key areas: infrastructure, academy, and ecosystem.
Read more on HOOK →