Price movement over the last 24 hours
Alpine F1 Team Fan Token vs Merlin Chain — how do they compare? Alpine F1 Team Fan Token trades at Rp5,563 (market cap Rp119,11M, Rp44,99M 24h volume), while Merlin Chain trades at Rp338.26 (market cap Rp445,94M, Rp67,57M 24h volume). The key difference: Merlin Chain is far larger — about 3.7× Alpine F1 Team Fan Token's market cap, and Alpine F1 Team Fan Token's circulating supply is 21,3M / 40M ALPINE (54%) versus 1,3B / 2,1B MERL (63%) for Merlin Chain. Which is the better fit depends on your goals — on Pluang, investors hold Alpine F1 Team Fan Token for 34 Days and Merlin Chain for 9 Days on average.
| ALPINE | MERL | |
|---|---|---|
Market Cap | Rp119,11M | Rp445,94M |
Volume (24h) | Rp44,99M | Rp67,57M |
Circulating Supply | 21,3M / 40M ALPINE (54%) | 1,3B / 2,1B MERL (63%) |
Typical Hold Time | 34 Days | 9 Days |
Signals from Pluang's Aura AI — not financial advice
The Alpine F1 Team Fan Token is currently trading at Rp5,567 with a market cap of Rp120.49 million, showing bearish technical signals across moving averages while oscillators remain neutral. With only 54% of the maximum 40 million tokens in circulation and an average hold time of 34 days, the token exhibits moderate network participation. The current price sits between key support at Rp5,596 and resistance at Rp5,719, indicating potential for near-term price discovery.
Overall outlook remains cautious with bearish technical momentum outweighing neutral oscillators. Key opportunities include potential utility expansion within the F1 ecosystem, while major risks involve low market cap vulnerability to volatility and limited liquidity. Investors should monitor token utility developments and exchange volume trends closely given the asset's niche market positioning.
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
ALPINE is the first Formula One-themed fan token by Binance. Token holders will be able to participate in fan engagement-related voting sessions on Binance and stake their NFTs for rewards and other digital collectibles at the so-called 'NFT PowerStation'. This also includes loyalty subscriptions and gift cards. They will also have access to other benefits like direct contact with the F1 team on the Binance Fan Token Platform, signed merchandise, and meet-and-greets with the drivers.
Read more on ALPINE →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 →