Degen vs Waves — how do they compare? Degen trades at Rp25.41 (market cap Rp604,82M, Rp40,43M 24h volume), while Waves trades at Rp4,616 (market cap Rp607,86M, Rp51,76M 24h volume). The key difference: Degen and Waves are close in size by market cap, and Degen's supply is capped (23,6B / 37B DEGEN (64%)) while Waves's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Degen for 14 Days and Waves for 74 Days on average.
| DEGEN | WAVES | |
|---|---|---|
Market Cap | Rp604,82M | Rp607,86M |
Volume (24h) | Rp40,43M | Rp51,76M |
Circulating Supply | 23,6B / 37B DEGEN (64%) | 132,2M WAVES |
Typical Hold Time | 14 Days | 74 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 →Waves is a versatile blockchain platform that supports decentralized applications (DApps) and smart contracts. Launched in June 2016 after one of the earliest ICOs, Waves aimed to enhance speed, utility, and user-friendliness compared to earlier blockchain platforms. The platform has evolved with various updates and features over time. Its native token, WAVES, has an uncapped supply and is used for payments like block rewards.
Read more on WAVES →