Gitcoin vs Merlin Chain — how do they compare? Gitcoin trades at Rp1,498 (market cap Rp128,8M, Rp44,94M 24h volume), while Merlin Chain trades at Rp314.58 (market cap Rp427,4M, Rp25,77M 24h volume). The key difference: Merlin Chain is far larger — about 3.3× Gitcoin's market cap, and Merlin Chain's supply is capped (1,4B / 2,1B MERL (65%)) while Gitcoin's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Gitcoin for 24 Days and Merlin Chain for 10 Days on average.
| GTC | MERL | |
|---|---|---|
Market Cap | Rp128,8M | Rp427,4M |
Volume (24h) | Rp44,94M | Rp25,77M |
Circulating Supply | 87,5M GTC | 1,4B / 2,1B MERL (65%) |
Typical Hold Time | 24 Days | 10 Days |
Signals from Pluang's Aura AI — not financial advice
Gitcoin (GTC) is currently trading at Rp1,451, with a market cap of Rp126.9 million and a bearish technical signal. The price is at the pivot point, with support at Rp1,411 and resistance at Rp1,485. RSI indicators are neutral, while ADX signals a strong trend. Recent ecosystem activity includes ongoing grants rounds and developer engagement, though no major protocol upgrades were reported recently.
Overall outlook is cautious due to bearish technicals and low market cap, which increases volatility risk. Key opportunities lie in potential ecosystem growth from grant funding, but investors should be wary of thin liquidity and regulatory uncertainties in the crypto space.
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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Gitcoin develops tools that help communities fund, build, and protect important projects. Its Gitcoin Grants Program has distributed over $54 million to early-stage builders supporting public goods in DeFi, climate, open source, and more. Key products include Gitcoin Grants Stack (a grants management platform), Allo Protocol (an open-source funding system), and Gitcoin Passport (a decentralized identity tool). GTC, Gitcoin’s governance token launched in May 2021, is used to create and fund the DAO that oversees Gitcoin.
Read more on GTC →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 →