MAJOR vs Merlin Chain — how do they compare? MAJOR trades at Rp791 (market cap Rp65,69M, Rp12,67M 24h volume), while Merlin Chain trades at Rp312.8 (market cap Rp425,41M, Rp23,65M 24h volume). The key difference: Merlin Chain is far larger — about 6.5× MAJOR's market cap, and MAJOR's circulating supply is 83,3M / 100M MAJOR (84%) versus 1,4B / 2,1B MERL (65%) for Merlin Chain. Which is the better fit depends on your goals — on Pluang, investors hold MAJOR for 9 Days and Merlin Chain for 10 Days on average.
| MAJOR | MERL | |
|---|---|---|
Market Cap | Rp65,69M | Rp425,41M |
Volume (24h) | Rp12,67M | Rp23,65M |
Circulating Supply | 83,3M / 100M MAJOR (84%) | 1,4B / 2,1B MERL (65%) |
Typical Hold Time | 9 Days | 10 Days |
Signals from Pluang's Aura AI — not financial advice
MAJOR is trading at Rp813.39 with a market cap of Rp67.91 million, showing bullish technical signals from moving averages and oscillators. The token is near its pivot point of Rp806, with support at Rp780 and resistance at Rp833. With 84% of its 100 million max supply in circulation and an average hold time of 9 days, on-chain activity indicates moderate trader engagement.
Overall outlook is cautiously optimistic due to strong technical momentum, but high RSI levels suggest overbought conditions. Key opportunities include potential breakout above Rp833, while risks involve volatility from low liquidity and regulatory uncertainty in crypto markets. Investors should monitor for any ecosystem updates or exchange developments.
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
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 →