MAJOR vs Merlin Chain — how do they compare? MAJOR trades at Rp608.22 (market cap Rp50,66M, Rp11,42M 24h volume), while Merlin Chain trades at Rp309.93 (market cap Rp406,55M, Rp50,2M 24h volume). The key difference: Merlin Chain is far larger — about 8× MAJOR's market cap, and MAJOR's circulating supply is 83,3M / 100M MAJOR (84%) versus 1,3B / 2,1B MERL (63%) for Merlin Chain. Which is the better fit depends on your goals — on Pluang, investors hold MAJOR for 9 Days and Merlin Chain for 9 Days on average.
| MAJOR | MERL | |
|---|---|---|
Market Cap | Rp50,66M | Rp406,55M |
Volume (24h) | Rp11,42M | Rp50,2M |
Circulating Supply | 83,3M / 100M MAJOR (84%) | 1,3B / 2,1B MERL (63%) |
Typical Hold Time | 9 Days | 9 Days |
Signals from Pluang's Aura AI — not financial advice
MAJOR trades at Rp608.71 with a market cap of Rp50.65M, showing neutral technical signals overall. The asset is near pivot point support at Rp612, with moving averages indicating bearish pressure. With 84% of its 100 million max supply in circulation and a short average hold time of 9 days, the token exhibits high turnover. No major protocol updates or ecosystem news are reported recently, keeping fundamental drivers quiet.
Outlook is cautious due to limited liquidity and neutral momentum. Key opportunity lies in a breakout above Rp634 resistance, but risks include low market cap volatility and absence of recent developments. Investors should monitor trading volume spikes and any new exchange listings for directional cues.
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
Major is a mini-app on Telegram that offers a variety of features for users. Originally launched as the first game based on ratings within Telegram, Major has now evolved into a comprehensive platform. It includes NFT number rentals, an on-chain gift marketplace, and valuable utilities for its native token, MAJOR. Users can use MAJOR to pay for Telegram Stars and Telegram Premium services. Additionally, Major Business Card provides unique verification for channels or profiles, which is an exclusive feature offered by Major.
Read more on MAJOR →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 →