Compare CoW Protocol (COW) vs Merlin Chain (MERL) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
CoW Protocol vs Merlin Chain — how do they compare? CoW Protocol trades at Rp1,806 (market cap Rp1,04T, Rp42,48M 24h volume), while Merlin Chain trades at Rp311.03 (market cap Rp419,42M, Rp27,27M 24h volume). The key difference: CoW Protocol is far larger — about 2479.6× Merlin Chain's market cap, and CoW Protocol's circulating supply is 575,5M / 1B COW (58%) versus 1,4B / 2,1B MERL (65%) for Merlin Chain. Which is the better fit depends on your goals — on Pluang, investors hold CoW Protocol for 21 Days and Merlin Chain for 10 Days on average.
| COW | MERL | |
|---|---|---|
Market Cap | Rp1,04T | Rp419,42M |
Volume (24h) | Rp42,48M | Rp27,27M |
Circulating Supply | 575,5M / 1B COW (58%) | 1,4B / 2,1B MERL (65%) |
Typical Hold Time | 21 Days | 10 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
CoW Protocol (COW) is currently trading at Rp1,801 with a market cap of Rp1.04T, showing bearish technical signals overall despite some bullish oscillators. The token has a circulating supply of 575.6 million COW (58% of max supply) with an average hold time of 21 days. Current technical indicators show mixed signals with RSI levels suggesting potential oversold conditions while ADX indicates strong bearish momentum.
Overall outlook remains cautious with key support at Rp1,719 and resistance at Rp1,847. Major risks include geopolitical tensions affecting crypto markets and the token's relatively low circulation rate. Opportunities exist if oversold RSI conditions lead to a technical bounce, but investors should monitor exchange liquidity and broader market sentiment closely.
Merlin Chain is currently trading at Rp318.44 with a market cap of Rp430M, showing bearish technical signals as it trades below the pivot point of Rp323. The token has 65% of its maximum 2.1M supply in circulation with an average hold time of 10 days. Technical indicators show mixed signals with bearish moving averages but neutral oscillators, while the asset trades near key support at Rp315.
Overall outlook remains cautious with bearish technical pressure, though neutral oscillators suggest potential consolidation. Key opportunities include proximity to support levels for potential rebounds, while risks include limited liquidity and the bearish trend continuation. Investors should monitor volume patterns and network developments closely.
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 CoW Protocol
CoW Protocol is an innovative decentralized finance (DeFi) platform operating on the Ethereum Mainnet. It aims to optimize trading outcomes for its users through a unique combination of strategies. At its core, the protocol employs batch auction mechanisms alongside peer-to-peer trades to secure the best possible trade prices. Additionally, it utilizes a fully permissionless structure, enabling seamless and inclusive participation for all users.
Read more on COW →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 →
