Kaspa vs Merlin Chain — how do they compare? Kaspa trades at Rp448.41 (market cap Rp12,36T, Rp108,41M 24h volume), while Merlin Chain trades at Rp313.49 (market cap Rp423,31M, Rp23,97M 24h volume). The key difference: Kaspa is far larger — about 29198.5× Merlin Chain's market cap, and Kaspa's circulating supply is 27,6B / 28,7B KAS (97%) versus 1,4B / 2,1B MERL (65%) for Merlin Chain. Which is the better fit depends on your goals — on Pluang, investors hold Kaspa for 42 Days and Merlin Chain for 10 Days on average.
| KAS | MERL | |
|---|---|---|
Market Cap | Rp12,36T | Rp423,31M |
Volume (24h) | Rp108,41M | Rp23,97M |
Circulating Supply | 27,6B / 28,7B KAS (97%) | 1,4B / 2,1B MERL (65%) |
Typical Hold Time | 42 Days | 10 Days |
Signals from Pluang's Aura AI — not financial advice
Kaspa is trading at Rp448.25 with a market cap of Rp12.45T, showing a bearish technical signal across moving averages and oscillators. The price is near support at S1 (Rp447) with RSI_12 indicating potential oversold conditions. No major protocol updates or ecosystem developments were noted recently, and the circulating supply is high at 97% of the max supply of 28.7M KAS.
The overall outlook is cautious due to bearish technicals and lack of positive catalysts. Key opportunities include potential rebounds from oversold levels, but risks involve continued downward pressure, low liquidity, and crypto market volatility. Investors should monitor support levels and broader market sentiment.
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
Kaspa is a fast and scalable Layer-1 cryptocurrency built on a proof-of-work model, powered by the GHOSTDAG protocol. This protocol allows multiple blocks to coexist in a blockDAG structure. Kaspa can process 10 blocks per second, with plans to scale to 100 BPS, providing near-instant confirmation times. Designed for accessibility and decentralization, Kaspa runs smoothly on standard personal computers and supports future Layer-2 solutions for scalable and secure applications.
Read more on KAS →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 →