Degen vs USDC — how do they compare? Degen trades at Rp25.39 (market cap Rp599,97M, Rp40,76M 24h volume), while USDC trades at Rp18,100 (market cap Rp1.322,58T, Rp145,31T 24h volume). The key difference: USDC is far larger — about 2204410.2× Degen's market cap, and Degen's supply is capped (23,6B / 37B DEGEN (64%)) while USDC's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Degen for 14 Days and USDC for 61 Days on average.
| DEGEN | USDC | |
|---|---|---|
Market Cap | Rp599,97M | Rp1.322,58T |
Volume (24h) | Rp40,76M | Rp145,31T |
Circulating Supply | 23,6B / 37B DEGEN (64%) | 73,3B USDC |
Typical Hold Time | 14 Days | 61 Days |
What Pluang investors did over the last 30 days
Latest headlines on both assets
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 →USD Coin is a stablecoin that is pegged to the U.S. dollar on a 1:1 basis. The stablecoin was originally launched on a limited basis in September 2018. Put simply, USD Coin’s mantra is 'digital money for the digital age'— and the stablecoin is designed for a world where cashless transactions are becoming more common. USD Coin has aimed to stand head and shoulders over competitors in several ways. One of them concerns transparency and assurance that users will be able to withdraw 1 USDC and receive $1 in return without any issues.
Read more on USDC →