Initia vs WAX — how do they compare? Initia trades at Rp921.43 (market cap Rp189,32M, Rp45,19M 24h volume), while WAX trades at Rp66.25 (market cap Rp304,74M, Rp18,31M 24h volume). The key difference: WAX is the larger of the two by market cap, and Initia's supply is capped (205,4M / 1B INIT (21%)) while WAX's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Initia for 19 Days and WAX for 57 Days on average.
| INIT | WAXP | |
|---|---|---|
Market Cap | Rp189,32M | Rp304,74M |
Volume (24h) | Rp45,19M | Rp18,31M |
Circulating Supply | 205,4M / 1B INIT (21%) | 4,6B WAXP |
Typical Hold Time | 19 Days | 57 Days |
What Pluang investors did over the last 30 days
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Initia is a network composed of interconnected rollups that combines a Layer 1 blockchain with a system of customizable appchains. Its structured rollup framework allows teams to develop application-specific blockchains with complete customizability while enforcing shared standards throughout the ecosystem. This approach fosters a unified multichain environment.
Read more on INIT →WAX (WAXP) is a purpose-built blockchain, released in 2017, that is designed to make e-commerce transactions faster, simpler and safer for every party involved. The WAX blockchain uses delegated proof-of-stake (DPoS) as its consensus mechanism.
Read more on WAXP →