GMX vs Waves — how do they compare? GMX trades at Rp117,695 (market cap Rp1,23T, Rp38,56M 24h volume), while Waves trades at Rp3,485 (market cap Rp542,7M, Rp54,88M 24h volume). The key difference: GMX is far larger — about 2266.4× Waves's market cap, and GMX's supply is capped (10,5M / 13,3M GMX (79%)) while Waves's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold GMX for 46 Days and Waves for 74 Days on average.
| GMX | WAVES | |
|---|---|---|
Market Cap | Rp1,23T | Rp542,7M |
Volume (24h) | Rp38,56M | Rp54,88M |
Circulating Supply | 10,5M / 13,3M GMX (79%) | 133,5M WAVES |
Typical Hold Time | 46 Days | 74 Days |
Signals from Pluang's Aura AI — not financial advice
GMX is currently trading at Rp117,000 with a market cap of Rp1.22 trillion, showing bullish technical signals with strong moving average support. The token trades near resistance at Rp117,178 with neutral oscillators suggesting potential consolidation. With 79% of max supply in circulation and average hold time of 46 days, the token shows moderate distribution stability. No major protocol updates or ecosystem developments were reported recently.
Overall outlook remains cautiously optimistic with technical strength but limited fundamental catalysts. Key opportunities include potential breakout above resistance levels, while risks involve crypto market volatility and lack of recent ecosystem developments. Investors should monitor trading volume patterns and broader market sentiment for directional cues.
WAVES is currently trading at Rp 3,509, exhibiting a bearish technical structure with moving averages signaling strong selling pressure, though oscillators show some bullish divergence. The price is near key support at S1 (Rp 3,497), with resistance at R1 (Rp 3,585). No major protocol updates or ecosystem news were identified recently. The asset holds a market cap of approximately Rp 542.7 million with a circulating supply of 133.5 million tokens.
Overall outlook remains cautious due to dominant bearish signals and lack of positive catalysts. Key opportunity lies in a potential rebound from oversold RSI levels, but major risks include low liquidity, high volatility, and the absence of recent positive fundamental developments. Investors should monitor for breaks below support for further downside.
What Pluang investors did over the last 30 days
No sentiment data available yet.
GMX is a decentralized exchange (DEX) for trading perpetual cryptocurrency futures with up to 50X leverage on popular cryptocurrencies like BTC, ETH and more. The platform launched in September 2021 as Gambit Exchange. To date, GMX has a total trading volume of over $130B and 283K total users, making it the leading derivatives DEX on Arbitrum and Avalanche.
Read more on GMX →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 →