MultiversX vs Merlin Chain — how do they compare? MultiversX trades at Rp56,086 (market cap Rp1,68T, Rp150,32M 24h volume), while Merlin Chain trades at Rp302.32 (market cap Rp399,21M, Rp50,35M 24h volume). The key difference: MultiversX is far larger — about 4208.3× Merlin Chain's market cap, and Merlin Chain's supply is capped (1,3B / 2,1B MERL (63%)) while MultiversX's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold MultiversX for 82 Days and Merlin Chain for 9 Days on average.
| EGLD | MERL | |
|---|---|---|
Market Cap | Rp1,68T | Rp399,21M |
Volume (24h) | Rp150,32M | Rp50,35M |
Circulating Supply | 30,3M EGLD | 1,3B / 2,1B MERL (63%) |
Typical Hold Time | 82 Days | 9 Days |
Signals from Pluang's Aura AI — not financial advice
MultiversX (EGLD) is trading at Rp56,064 with a market cap of Rp1.69 trillion, showing bullish technical signals across moving averages and oscillators. The current price sits above key resistance at Rp54,427, with next resistance at Rp56,541. RSI levels indicate potential overbought conditions at 73.26 on the 6-day timeframe. No major protocol updates or ecosystem developments were reported recently.
Overall outlook remains cautiously bullish with strong technical momentum, though overbought RSI suggests potential near-term consolidation. Key opportunities include continued technical strength and network adoption growth. Major risks include high volatility, regulatory uncertainty in crypto markets, and potential profit-taking pressure given elevated RSI levels.
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
MultiversX (EGLD) is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project is known as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. The native token, EGLD, is used for paying network fees, staking and rewarding validators
Read more on EGLD →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 →