Hashflow vs Merlin Chain — how do they compare? Hashflow trades at Rp162.64 (market cap Rp138,01M, Rp36,8M 24h volume), while Merlin Chain trades at Rp309.52 (market cap Rp408,89M, Rp56,07M 24h volume). The key difference: Merlin Chain is far larger — about 3× Hashflow's market cap, and Merlin Chain's supply is capped (1,3B / 2,1B MERL (63%)) while Hashflow's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Hashflow for 35 Days and Merlin Chain for 9 Days on average.
| HFT | MERL | |
|---|---|---|
Market Cap | Rp138,01M | Rp408,89M |
Volume (24h) | Rp36,8M | Rp56,07M |
Circulating Supply | 849M HFT | 1,3B / 2,1B MERL (63%) |
Typical Hold Time | 35 Days | 9 Days |
Signals from Pluang's Aura AI — not financial advice
Hashflow (HFT) trades at Rp162.55, showing neutral technical signals with mixed moving averages and oscillators. The asset hovers near the pivot point (Rp162) with support at Rp155 and resistance at Rp169. Market cap stands at Rp137.07 million with a circulating supply of 849 million tokens. No major protocol updates or ecosystem news are currently driving momentum, leaving the token in a consolidation phase.
Outlook remains neutral with potential for movement upon breaking key levels. Opportunities include low entry near support, but risks involve low liquidity and crypto market volatility. Investors should monitor for ecosystem developments and exchange volume changes to gauge direction.
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
Hashflow is a multichain decentralized exchange (DEX) that enables users to trade digital assets on leading blockchains including Ethereum, Arbitrum, Avalanche, BNB Chain, Optimism, and Polygon in just a matter of seconds. Hashflow leverages a request for quote (RFQ) model to provide traders with guaranteed price quotes directly from professional market makers (PMM). Since launching in April 2021, Hashflow has facilitated over $18B in total trade volume, making it a top 10 DEX.
Read more on HFT →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 →