Degen vs Walrus — how do they compare? Degen trades at Rp25.39 (market cap Rp599,97M, Rp40,76M 24h volume), while Walrus trades at Rp550.07 (market cap Rp1,35T, Rp69,39M 24h volume). The key difference: Walrus is far larger — about 2250.1× Degen's market cap, and Degen's circulating supply is 23,6B / 37B DEGEN (64%) versus 2,5B / 5B WAL (50%) for Walrus. Which is the better fit depends on your goals — on Pluang, investors hold Degen for 14 Days and Walrus for 22 Days on average.
| DEGEN | WAL | |
|---|---|---|
Market Cap | Rp599,97M | Rp1,35T |
Volume (24h) | Rp40,76M | Rp69,39M |
Circulating Supply | 23,6B / 37B DEGEN (64%) | 2,5B / 5B WAL (50%) |
Typical Hold Time | 14 Days | 22 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 →Walrus is a decentralized data storage protocol and application development platform that enables apps to manage large data files and rich media content like videos, images, and audio. Built on Sui, it allows for the handling of both on-chain and off-chain data using Move-based smart contracts. Developed by Mysten Labs, Walrus is the first network that permits storage of any data size on-chain at scale. This capability enhances how Web3 projects use their data, supporting the development of diverse on-chain businesses.
Read more on WAL →