BitTorrent(New) vs Merlin Chain — how do they compare? BitTorrent(New) trades at Rp0.0048854 (market cap Rp4,76T, Rp117,14M 24h volume), while Merlin Chain trades at Rp309.67 (market cap Rp406,04M, Rp49,69M 24h volume). The key difference: BitTorrent(New) is far larger — about 11723× Merlin Chain's market cap, and Merlin Chain's supply is capped (1,3B / 2,1B MERL (63%)) while BitTorrent(New)'s keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold BitTorrent(New) for 133 Days and Merlin Chain for 9 Days on average.
| BTTC | MERL | |
|---|---|---|
Market Cap | Rp4,76T | Rp406,04M |
Volume (24h) | Rp117,14M | Rp49,69M |
Circulating Supply | 987T BTTC | 1,3B / 2,1B MERL (63%) |
Typical Hold Time | 133 Days | 9 Days |
Signals from Pluang's Aura AI — not financial advice
BitTorrent (BTTC) is currently trading at Rp0.0047007 with a market cap of Rp4.75T, showing bearish technical signals across moving averages while oscillators remain neutral. The token faces selling pressure with 15 sell signals versus 3 buy signals in the overall technical analysis. Recent news highlights institutional infrastructure developments in crypto payments and stablecoin rails, though specific protocol updates for BTTC are limited. Hold time averages 133 days, suggesting some investor patience despite current bearish momentum.
Overall outlook remains cautious with bearish technical dominance. Key opportunities include potential oversold conditions indicated by RSI_6 at 27.67 (Buy signal) and ongoing institutional crypto infrastructure growth. Major risks include persistent selling pressure, lack of clear support levels (all S/R levels at 0), and high circulating supply of 987T tokens creating significant dilution pressure.
Merlin Chain (MERL) is currently trading at Rp311.48 with a market cap of Rp405.88 million, showing a bearish technical signal overall. The asset is near its pivot point of Rp310, with immediate support at Rp300 and resistance at Rp317. With 63% of its max supply in circulation and a short average hold time of 9 days, the token exhibits high turnover. No major protocol updates or ecosystem news are reported recently, keeping fundamental developments quiet.
Outlook remains cautious due to strong bearish momentum in moving averages, though oversold RSI hints at potential near-term rebounds. Key risks include low liquidity, high volatility, and limited network activity. Opportunities may arise if it holds above key supports, but investors should monitor for any ecosystem growth or exchange listings to gauge recovery potential.
What Pluang investors did over the last 30 days
BitTorrent (BTT) is a popular peer-to-peer (P2P) file sharing and torrent platform which has become increasingly decentralized in recent years. Originally released in July 2001, BitTorrent was purchased by blockchain platform TRON in July 2018.
Read more on BTTC →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 →