Skate vs Waves — how do they compare? Skate trades at Rp42.51 (market cap Rp7,09M, Rp3,68M 24h volume), while Waves trades at Rp3,483 (market cap Rp542,7M, Rp54,88M 24h volume). The key difference: Waves is far larger — about 76.5× Skate's market cap, and Skate's supply is capped (166,9M / 1B SKATE (17%)) while Waves's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Skate for 12 Days and Waves for 74 Days on average.
| SKATE | WAVES | |
|---|---|---|
Market Cap | Rp7,09M | Rp542,7M |
Volume (24h) | Rp3,68M | Rp54,88M |
Circulating Supply | 166,9M / 1B SKATE (17%) | 133,5M WAVES |
Typical Hold Time | 12 Days | 74 Days |
Signals from Pluang's Aura AI — not financial advice
Skate token shows limited market activity with a modest market cap of Rp7,09M and only 17% of its maximum supply in circulation. The token exhibits low trading volume and minimal network activity, with an average hold time of 12 days suggesting short-term holding patterns. No recent protocol updates or significant ecosystem developments have been observed, indicating stagnant project growth.
Overall outlook remains cautious due to extremely low liquidity and limited adoption. Key opportunities exist if the project gains developer traction, but major risks include complete liquidity evaporation and regulatory uncertainty in the crypto space. Investors should approach with extreme caution given the token's micro-cap status.
Waves is currently trading at Rp3,524 with a bearish technical outlook, as indicated by moving averages and key indicators like ADX signaling strong trends. The asset faces selling pressure but shows potential short-term oversold conditions with RSI readings below 30. No major protocol updates or ecosystem news are noted recently, keeping fundamental drivers subdued amid weak market sentiment.
Overall, the outlook remains cautious due to bearish momentum and lack of positive catalysts. Key opportunities include potential rebounds from oversold levels, while risks involve continued downtrends and low liquidity. Investors should monitor support at Rp3,399 and resistance at Rp3,563 for directional cues.
Skate is a multi-VM infrastructure that enables decentralized applications to run seamlessly across multiple blockchains. It also provides native access to VM-specific applications, allowing EVM apps to operate directly within SVM or MOVE environments.
Read more on SKATE →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 →