Compare Algorand (ALGO) vs Merlin Chain (MERL) Price & Performance
Price performance
Price movement over the last 24 hours
Key statistics
Key statistics
Algorand vs Merlin Chain — how do they compare? Algorand trades at Rp1,528 (market cap Rp13,73T, Rp514,54M 24h volume), while Merlin Chain trades at Rp341.14 (market cap Rp447,84M, Rp66,89M 24h volume). The key difference: Algorand is far larger — about 30658.3× Merlin Chain's market cap, and Algorand's circulating supply is 9B / 10B ALGO (90%) versus 1,3B / 2,1B MERL (63%) for Merlin Chain. Which is the better fit depends on your goals — on Pluang, investors hold Algorand for 124 Days and Merlin Chain for 9 Days on average.
| ALGO | MERL | |
|---|---|---|
Market Cap | Rp13,73T | Rp447,84M |
Volume (24h) | Rp514,54M | Rp66,89M |
Circulating Supply | 9B / 10B ALGO (90%) | 1,3B / 2,1B MERL (63%) |
Typical Hold Time | 124 Days | 9 Days |
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Algorand (ALGO) is trading at Rp1,522 with a market cap of Rp13.61 trillion, showing a bearish technical signal overall. The asset's price is currently between support at Rp1,530 and resistance at Rp1,584, with moving averages strongly indicating a sell bias. The circulating supply is at 90% of its 10 million ALGO maximum. No major fundamental developments or recent protocol updates were identified for this analysis period.
The outlook for ALGO is cautious due to prevailing bearish technical indicators and neutral oscillators. Key opportunities lie in potential bounces from identified support levels, while major risks include continued downward pressure from moving averages and general cryptocurrency market volatility. Investors should monitor for shifts in on-chain activity and broader market sentiment.
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.
Investor sentiment on Pluang
What Pluang investors did over the last 30 days
Investor sentiment on Pluang
What Pluang investors did over the last 30 days
About Algorand
ALGO is the token of Algorand, a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. It also self-proclaimed as the “FutureFi” or Future of Finance. The technology is intentionally designed to enable the simple creation of next generation financial products and disrupt economic models across industries where the exchange of value can be made more efficient.
Read more on ALGO →About Merlin Chain
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 →
