Degen vs Skate — how do they compare? Degen trades at Rp24.18 (market cap Rp575,05M, Rp43,49M 24h volume), while Skate trades at Rp42.51 (market cap Rp7,09M, Rp3,68M 24h volume). The key difference: Degen is far larger — about 81.1× Skate's market cap, and Degen's circulating supply is 23,6B / 37B DEGEN (64%) versus 166,9M / 1B SKATE (17%) for Skate. Which is the better fit depends on your goals — on Pluang, investors hold Degen for 14 Days and Skate for 11 Days on average.
| DEGEN | SKATE | |
|---|---|---|
Market Cap | Rp575,05M | Rp7,09M |
Volume (24h) | Rp43,49M | Rp3,68M |
Circulating Supply | 23,6B / 37B DEGEN (64%) | 166,9M / 1B SKATE (17%) |
Typical Hold Time | 14 Days | 11 Days |
What Pluang investors did over the last 30 days
No sentiment data available yet.
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 →Skate is a multi-VM infrastructure that enables decentralized applications to run seamlessly across multiple blockchains. It also provides native access to VM-specific applications, allowing EVM apps to operate directly within SVM or MOVE environments.
Read more on SKATE →