Degen vs Raydium — how do they compare? Degen trades at Rp18.26 (market cap Rp447,24M, Rp68,37M 24h volume), while Raydium trades at Rp11,091 (market cap Rp2,97T, Rp113,87M 24h volume). The key difference: Raydium is far larger — about 6640.7× Degen's market cap, and Degen's circulating supply is 24,5B / 37B DEGEN (67%) versus 269,5M / 555M RAY (49%) for Raydium. Which is the better fit depends on your goals — on Pluang, investors hold Degen for 15 Days and Raydium for 25 Days on average.
| DEGEN | RAY | |
|---|---|---|
Market Cap | Rp447,24M | Rp2,97T |
Volume (24h) | Rp68,37M | Rp113,87M |
Circulating Supply | 24,5B / 37B DEGEN (67%) | 269,5M / 555M RAY (49%) |
Typical Hold Time | 15 Days | 25 Days |
Signals from Pluang's Aura AI — not financial advice
DEGEN is currently trading at Rp18.376 with a market cap of Rp452.43M, showing bearish technical signals across multiple indicators. The token trades below its pivot point of Rp19, with support at Rp16 and resistance at Rp21. With 67% of the maximum 37M supply in circulation and average hold time of 15 days, the asset faces selling pressure as indicated by the 17:4 sell-to-buy signal ratio.
Overall outlook remains cautious with technical indicators pointing to continued bearish momentum. Key opportunities exist near support levels if oversold conditions develop, while major risks include low liquidity and the current negative sentiment dominating the crypto market. Investors should monitor for potential trend reversal signals and increased trading volume.
RAY is currently trading at Rp11,213 with a market cap of Rp3 trillion, showing bearish technical signals with moving averages indicating selling pressure while oscillators remain neutral. The token has achieved significant milestones including surpassing Rp1 quadrillion in trading volume following major exchange listings on Robinhood and Revolut. Recent protocol developments include enabling 24/7 tokenized stock trading for the SpaceX IPO on Solana, expanding RAY's utility as a liquidity protocol.
Overall outlook remains cautious due to bearish technical indicators, though recent exchange listings and protocol innovations present growth opportunities. Key risks include high volatility near resistance levels and regulatory uncertainty around tokenized securities. Investors should monitor RSI levels and trading volume patterns for entry signals.
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 →Raydium (RAY) is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks.
Read more on RAY →