API3 vs Merlin Chain — how do they compare? API3 trades at Rp3,358 (market cap Rp289,93M, Rp97,82M 24h volume), while Merlin Chain trades at Rp328.59 (market cap Rp443,06M, Rp38,66M 24h volume). The key difference: Merlin Chain is the larger of the two by market cap, and Merlin Chain's supply is capped (1,4B / 2,1B MERL (65%)) while API3's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold API3 for 41 Days and Merlin Chain for 10 Days on average.
| API3 | MERL | |
|---|---|---|
Market Cap | Rp289,93M | Rp443,06M |
Volume (24h) | Rp97,82M | Rp38,66M |
Circulating Supply | 86,4M API3 | 1,4B / 2,1B MERL (65%) |
Typical Hold Time | 41 Days | 10 Days |
Signals from Pluang's Aura AI — not financial advice
API3 is currently trading at Rp3,318 with a bearish technical outlook, showing selling pressure across moving averages while oscillators remain neutral. The token faces resistance at Rp3,448 with support at Rp3,264. With a market cap of Rp288.74 million and average hold time of 41 days, the asset demonstrates moderate holding patterns. No major protocol updates or ecosystem developments have been reported recently.
Overall outlook remains cautious with technical indicators favoring bearish momentum. Key opportunities include potential rebounds from support levels, while risks involve continued selling pressure and limited fundamental catalysts. Investors should monitor for breakouts above resistance levels or significant ecosystem developments that could shift momentum.
Merlin Chain is trading at Rp322.53, with a market cap of Rp435.78 million. The technical outlook is bullish, supported by moving averages, though oscillators are neutral. Key resistance lies at Rp370 and support at Rp305. The circulating supply is 1.4 million MERL out of a max 2.1 million, with a 65% circulation rate. No major protocol updates or ecosystem news were identified in recent research.
Overall outlook is cautiously optimistic due to bullish technical signals, but high RSI levels suggest potential overbought conditions. Key opportunities include network growth potential with remaining token supply. Major risks involve high volatility, limited liquidity, and regulatory uncertainties common to cryptocurrencies. Investors should monitor support levels closely.
What Pluang investors did over the last 30 days
API3 is an ERC-20 token based on the Ethereum blockchain. API3's goal is to allow decentralized versions of APIs to be built, managed, and monetized at scales. To achieve this in a fully decentralized way, the incentives of the participants are reconciled through the governance, security, and value capture utilities of the API3 token. The project has a completely open and direct governance model, where any API3 token holder can stake to obtain direct voting privileges in the API3 DAO.
Read more on API3 →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 →