Grass vs Merlin Chain — how do they compare? Grass trades at Rp5,500 (market cap Rp1,35T, Rp191,4M 24h volume), while Merlin Chain trades at Rp311.91 (market cap Rp424,06M, Rp25,98M 24h volume). The key difference: Grass is far larger — about 3183.5× Merlin Chain's market cap, and Merlin Chain's supply is capped (1,4B / 2,1B MERL (65%)) while Grass's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Grass for 10 Days and Merlin Chain for 10 Days on average.
| GRASS | MERL | |
|---|---|---|
Market Cap | Rp1,35T | Rp424,06M |
Volume (24h) | Rp191,4M | Rp25,98M |
Circulating Supply | 243,9M GRASS | 1,4B / 2,1B MERL (65%) |
Typical Hold Time | 10 Days | 10 Days |
Signals from Pluang's Aura AI — not financial advice
Grass is currently trading at Rp5,864, exhibiting a bullish overall technical signal despite bearish moving averages. The price is positioned between key support at Rp5,532 and resistance at Rp6,115. With an RSI_6 of 71.92 indicating potential overbought conditions, short-term momentum may be cooling. No major protocol updates or ecosystem news were identified in recent research.
The outlook is cautiously optimistic, with the primary opportunity being a breakout above resistance. Key risks include high volatility typical of crypto assets and potential profit-taking pressure near current levels. Investors should monitor on-chain activity for signs of sustained network adoption.
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.
What Pluang investors did over the last 30 days
Grass is developing the first open, internet-scale web crawl, powered by over 3 million user-run nodes that gather petabytes of data for AI models. By creating the first user-owned knowledge graph of the internet, Grass aims to challenge the few corporations that currently dominate full-scale web crawling.
Read more on GRASS →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 →