Gitcoin vs Merlin Chain — how do they compare? Gitcoin trades at Rp1,264 (market cap Rp109,58M, Rp48,12M 24h volume), while Merlin Chain trades at Rp311.01 (market cap Rp404,67M, Rp51,57M 24h volume). The key difference: Merlin Chain is far larger — about 3.7× Gitcoin's market cap, and Merlin Chain's supply is capped (1,3B / 2,1B MERL (63%)) while Gitcoin's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Gitcoin for 23 Days and Merlin Chain for 9 Days on average.
| GTC | MERL | |
|---|---|---|
Market Cap | Rp109,58M | Rp404,67M |
Volume (24h) | Rp48,12M | Rp51,57M |
Circulating Supply | 87,5M GTC | 1,3B / 2,1B MERL (63%) |
Typical Hold Time | 23 Days | 9 Days |
Signals from Pluang's Aura AI — not financial advice
Gitcoin (GTC) is trading at Rp1,264 with a market cap of Rp109.75 million, showing a bullish technical signal overall, supported by moving averages. The current price sits at the pivot point, with key support at Rp1,245 and resistance at Rp1,302. On-chain metrics indicate a short average hold time of 23 days, suggesting active trading. No major protocol upgrades or ecosystem developments were noted in recent crypto-specific news sources.
The outlook is cautiously optimistic due to bullish technical indicators, but limited by neutral oscillators and thin liquidity. Key opportunities include potential breakout above Rp1,302, while risks involve high volatility from low market cap and regulatory uncertainty in the crypto space. Investors should monitor trading volume and broader 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
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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 →