Price movement over the last 24 hours
Bounce Token vs Merlin Chain — how do they compare? Bounce Token trades at Rp59,948 (market cap Rp416,42M, Rp366,91M 24h volume), while Merlin Chain trades at Rp340.24 (market cap Rp449,12M, Rp68,24M 24h volume). The key difference: Bounce Token and Merlin Chain are close in size by market cap, and Bounce Token's circulating supply is 6,9M / 10M AUCTION (70%) versus 1,3B / 2,1B MERL (63%) for Merlin Chain. Which is the better fit depends on your goals — on Pluang, investors hold Bounce Token for 21 Days and Merlin Chain for 9 Days on average.
| AUCTION | MERL | |
|---|---|---|
Market Cap | Rp416,42M | Rp449,12M |
Volume (24h) | Rp366,91M | Rp68,24M |
Circulating Supply | 6,9M / 10M AUCTION (70%) | 1,3B / 2,1B MERL (63%) |
Typical Hold Time | 21 Days | 9 Days |
Signals from Pluang's Aura AI — not financial advice
Bounce Token (AUCTION) is currently trading at Rp59,123 with a market cap of Rp408.63 million, showing bearish technical signals across multiple indicators. The token faces resistance at Rp59,636 with support at Rp58,971, while moving averages indicate sustained selling pressure. With 70% of the 10 million max supply in circulation and average hold time of 21 days, the token shows moderate network participation.
Overall outlook remains cautious with bearish technical momentum outweighing neutral oscillators. Key opportunities include potential bounce from support levels, while risks include low liquidity and regulatory uncertainty. Investors should monitor trading volume patterns and broader crypto market sentiment for directional cues.
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
Bounce Token (AUCTION) is the native cryptocurrency of the Bounce Finance ecosystem. The platform enables decentralized auctions for various assets, including real-world collectibles, using blockchain technology. This approach enhances transparency, efficiency, and accessibility for Web3 users.
Read more on AUCTION →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 →