Degen vs Layer3 — how do they compare? Degen trades at Rp24.3 (market cap Rp599,97M, Rp40,76M 24h volume), while Layer3 trades at Rp94.69 (market cap Rp116,81M, Rp63,93M 24h volume). The key difference: Degen is far larger — about 5.1× Layer3's market cap, and Degen's circulating supply is 23,6B / 37B DEGEN (64%) versus 1,2B / 3,3B L3 (37%) for Layer3. Which is the better fit depends on your goals — on Pluang, investors hold Degen for 14 Days and Layer3 for 8 Days on average.
| DEGEN | L3 | |
|---|---|---|
Market Cap | Rp599,97M | Rp116,81M |
Volume (24h) | Rp40,76M | Rp63,93M |
Circulating Supply | 23,6B / 37B DEGEN (64%) | 1,2B / 3,3B L3 (37%) |
Typical Hold Time | 14 Days | 8 Days |
What Pluang investors did over the last 30 days
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 →Layer3 is a multi-utility token with a total supply of 3,333,333,333 tokens, designed to support a staking ecosystem with layered rewards and burn mechanisms. Users can stake L3 to earn passive income and unlock additional governance tokens (e.g., OP, ARB) through active participation. Burning L3 tokens grants access to the Layer3 network, allows for quest posting, and facilitates the use of CUBE credentials—unique identifiers for omnichain achievements. Burned tokens also provide perks across partner ecosystems, such as early access, fee discounts, exclusive NFTs, and more.
Read more on L3 →