Price movement over the last 24 hours
AC Milan Fan Token vs Merlin Chain — how do they compare? AC Milan Fan Token trades at Rp5,113 (market cap Rp71,2M, Rp24,39M 24h volume), while Merlin Chain trades at Rp338.24 (market cap Rp447,84M, Rp66,89M 24h volume). The key difference: Merlin Chain is far larger — about 6.3× AC Milan Fan Token's market cap, and AC Milan Fan Token's circulating supply is 13,8M / 19,9M ACM (70%) versus 1,3B / 2,1B MERL (63%) for Merlin Chain. Which is the better fit depends on your goals — on Pluang, investors hold AC Milan Fan Token for 95 Days and Merlin Chain for 9 Days on average.
| ACM | MERL | |
|---|---|---|
Market Cap | Rp71,2M | Rp447,84M |
Volume (24h) | Rp24,39M | Rp66,89M |
Circulating Supply | 13,8M / 19,9M ACM (70%) | 1,3B / 2,1B MERL (63%) |
Typical Hold Time | 95 Days | 9 Days |
Signals from Pluang's Aura AI — not financial advice
The AC Milan Fan Token (ACM) trades at Rp5,082 with a market cap of Rp71.44 million, exhibiting a bearish technical outlook as moving averages signal strong selling pressure. The token's neutral oscillators and RSI levels near 45 indicate limited momentum, while support sits at Rp4,889. With 70% of the max supply in circulation and an average hold time of 95 days, on-chain activity reflects moderate holder commitment but no major protocol upgrades or ecosystem expansions were reported recently.
Overall, the token faces headwinds from technical bearishness and thin liquidity, though neutral indicators suggest potential stability. Key opportunities include fan engagement utility and low market cap growth potential, but risks involve high volatility, regulatory uncertainty for fan tokens, and low trading volumes exacerbating price swings. Investors should monitor Serie A club developments and exchange listings for catalysts.
Merlin Chain is trading at Rp340.12 with a market cap of Rp441.6M, showing a bearish technical signal from moving averages but neutral oscillators. The current price sits just below the pivot point of Rp348, with immediate support at Rp335. Circulating supply is 1.3M out of 2.1M MERL (63% circulation rate), and no major protocol updates were found recently.
Overall outlook is cautious due to bearish technicals and limited fundamental catalysts. Key opportunities include potential rebounds from support levels, while major risks involve low liquidity, high volatility, and the absence of recent ecosystem developments. Investors should monitor for any network updates or exchange listing news.
What Pluang investors did over the last 30 days
Latest headlines on both assets
ACM is a fan token of the AC Milan football team. The token takes fan support to the next level and allows team fans the chance to get up close and personal with their favorite teams and players, through rewards such as VIP invites, meet and greets, and signed merchandise. ACM can be used for three main purposes which are governance (having a stake in the football club's decisions), rewards (based on engagement), and staking (tokens will be able to be staked to earn NFTs).
Read more on ACM →Merlin Chain is a Layer 2 solution for Bitcoin that incorporates ZK-Rollup networks, decentralized oracle networks, and fraud proofs. Its goal is to enhance Bitcoin's Layer 1 assets, protocols, and applications, fostering innovation and maximizing asset potential on Layer 2. The native token, MERL, is used for staking, which contributes to the security of the Merlin Chain.
Read more on MERL →