Step App vs Merlin Chain — how do they compare? Step App trades at Rp10.12 (market cap Rp45,43M, Rp32,79M 24h volume), while Merlin Chain trades at Rp311.91 (market cap Rp424,06M, Rp25,98M 24h volume). The key difference: Merlin Chain is far larger — about 9.3× Step App's market cap, and Merlin Chain's supply is capped (1,4B / 2,1B MERL (65%)) while Step App's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Step App for 12 Days and Merlin Chain for 10 Days on average.
| FITFI | MERL | |
|---|---|---|
Market Cap | Rp45,43M | Rp424,06M |
Volume (24h) | Rp32,79M | Rp25,98M |
Circulating Supply | 4,5B FITFI | 1,4B / 2,1B MERL (65%) |
Typical Hold Time | 12 Days | 10 Days |
Signals from Pluang's Aura AI — not financial advice
Step App (FITFI) shows limited market activity with a modest market cap of Rp45.43M and circulating supply of 4.5M tokens. The asset exhibits minimal trading volume and network activity, with an average hold time of 12 days suggesting short-term speculative interest. No recent protocol updates or significant ecosystem developments have been observed, indicating stagnant project momentum.
Overall outlook remains cautious due to low liquidity and limited adoption. Key opportunities include potential protocol revivals, while major risks involve extreme volatility and regulatory uncertainty common to micro-cap cryptocurrencies. Investors should monitor for any renewed developer activity or exchange listings that could impact token utility.
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.
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Step App is a Web3-based fitness application that combines gamification, fitness, and blockchain technology. It enables users to earn cryptocurrency tokens by engaging in physical activities such as walking, jogging, or running. The concept behind Step App is based on the "move-to-earn" model, where users are rewarded for staying active.
Read more on FITFI →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 →