Gas vs Merlin Chain — how do they compare? Gas trades at Rp19,113 (market cap Rp1,24T, Rp53,36M 24h volume), while Merlin Chain trades at Rp310.05 (market cap Rp406,55M, Rp50,2M 24h volume). The key difference: Gas is far larger — about 3050.1× Merlin Chain's market cap, and Merlin Chain's supply is capped (1,3B / 2,1B MERL (63%)) while Gas's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Gas for 47 Days and Merlin Chain for 9 Days on average.
| GAS | MERL | |
|---|---|---|
Market Cap | Rp1,24T | Rp406,55M |
Volume (24h) | Rp53,36M | Rp50,2M |
Circulating Supply | 65M GAS | 1,3B / 2,1B MERL (63%) |
Typical Hold Time | 47 Days | 9 Days |
Signals from Pluang's Aura AI — not financial advice
GAS is currently trading at Rp19,195, showing a bearish technical outlook with moving averages signaling strong selling pressure while oscillators remain neutral. The asset faces resistance near Rp19,040 and has support at Rp18,238. No major protocol updates or ecosystem developments were noted in recent analysis. Trading volume and market cap of Rp1.24 trillion reflect moderate liquidity in the Indonesian market.
Overall outlook is cautious due to bearish technical signals and lack of positive catalysts. Key opportunities include potential rebounds from oversold conditions, but risks involve continued downward pressure and low network activity. Investors should monitor for any ecosystem updates or shifts in market sentiment.
Merlin Chain is currently trading at Rp309.87 with a market cap of Rp408.14 million, exhibiting a bearish technical signal driven by moving averages. The token's circulating supply is 1.3 million out of a maximum 2.1 million, with a circulation rate of 63%. Key technical indicators show oversold conditions on the RSI_6 but sell signals from ADX, with immediate support at Rp299 and resistance at Rp321. No major protocol updates or ecosystem news were identified recently.
Overall outlook remains cautious due to strong bearish momentum and limited fundamental catalysts. Key opportunities include potential rebounds from oversold levels, while major risks involve low liquidity, high volatility, and the absence of recent development activity. Investors should monitor for any network updates or shifts in trading volume.
What Pluang investors did over the last 30 days
GAS is a NEP-17 token on Neo that is used to settle network transaction fees on Neo. Neo itself is a Layer-1 blockchain that leverages the Neo Virtual Machine (NVM) to execute smart contracts and caters to the developer experience by supporting multiple coding languages. Neo employs a delegated Byzantine Fault Tolerance (dBFT) consensus mechanism to achieve network consensus.
Read more on GAS →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 →