Skate vs Waves — how do they compare? Skate trades at Rp42.51 (market cap Rp7,09M, Rp3,68M 24h volume), while Waves trades at Rp4,638 (market cap Rp613,21M, Rp58,91M 24h volume). The key difference: Waves is far larger — about 86.5× 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 11 Days and Waves for 74 Days on average.
| SKATE | WAVES | |
|---|---|---|
Market Cap | Rp7,09M | Rp613,21M |
Volume (24h) | Rp3,68M | Rp58,91M |
Circulating Supply | 166,9M / 1B SKATE (17%) | 132,4M WAVES |
Typical Hold Time | 11 Days | 74 Days |
Signals from Pluang's Aura AI — not financial advice
Skate token exhibits a very low market cap of Rp7.09M with a circulating supply of 166.9 million tokens out of a 1 million max supply, indicating potential data inconsistencies. The asset shows minimal market activity with a circulation rate of only 17% and an average hold time of 11 days. No recent price or trading volume data is available, suggesting extremely low liquidity. There are no recent protocol updates or ecosystem developments reported for this token.
Overall outlook is highly speculative with significant liquidity risks. Key opportunities are limited to potential rediscovery if project fundamentals improve. Major risks include extreme volatility, possible data errors in supply metrics, and regulatory uncertainty in the crypto space. Investors should exercise extreme caution due to minimal market presence.
WAVES is trading at Rp4,648 with a bearish technical outlook, showing sell signals across moving averages and neutral oscillators. The asset faces resistance at Rp4,735 with support at Rp4,575. Market cap stands at Rp612.02 million with 132.4 million tokens in circulation. No major protocol updates or ecosystem developments have been reported recently.
Overall outlook remains cautious due to strong bearish technical signals and limited fundamental catalysts. Key opportunities include potential bounce from support levels, while risks involve continued downward pressure and lack of positive ecosystem developments. Investors should monitor network activity and trading volume for signs of momentum shift.
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 →