Degen vs io.net — how do they compare? Degen trades at Rp25.39 (market cap Rp599,97M, Rp40,76M 24h volume), while io.net trades at Rp2,886 (market cap Rp1,03T, Rp435M 24h volume). The key difference: io.net is far larger — about 1716.8× Degen's market cap, and Degen's circulating supply is 23,6B / 37B DEGEN (64%) versus 365,5M / 800M IO (46%) for io.net. Which is the better fit depends on your goals — on Pluang, investors hold Degen for 14 Days and io.net for 33 Days on average.
| DEGEN | IO | |
|---|---|---|
Market Cap | Rp599,97M | Rp1,03T |
Volume (24h) | Rp40,76M | Rp435M |
Circulating Supply | 23,6B / 37B DEGEN (64%) | 365,5M / 800M IO (46%) |
Typical Hold Time | 14 Days | 33 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 →io.net, formerly known as ANTBIT, leverages a decentralized computing network powered by Solana and Aptos to provide machine learning engineers with access to distributed cloud clusters. It aims to address challenges like limited availability, poor choice, and high costs associated with accessing GPUs in the public cloud.
Read more on IO →