MX Token vs WAX — how do they compare? MX Token trades at Rp28,862 (market cap Rp2,65T, Rp43,26M 24h volume), while WAX trades at Rp66.08 (market cap Rp304,25M, Rp17,29M 24h volume). The key difference: MX Token is far larger — about 8709.9× WAX's market cap, and MX Token's supply is capped (91,8M / 413,8M MX (23%)) while WAX's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold MX Token for 22 Days and WAX for 57 Days on average.
| MX | WAXP | |
|---|---|---|
Market Cap | Rp2,65T | Rp304,25M |
Volume (24h) | Rp43,26M | Rp17,29M |
Circulating Supply | 91,8M / 413,8M MX (23%) | 4,6B WAXP |
Typical Hold Time | 22 Days | 57 Days |
What Pluang investors did over the last 30 days
MX is the native cryptocurrency token launched by the centralized exchange (CEX) MEXC in 2019. MX powers the MEXC ecosystem and offers its holders access to unique features and benefits within the platform. Holders have the right to vote on business decisions, participate in team elections, and enjoy priority access to various activities and events.
Read more on MX →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 →