Merlin Chain vs Pump.fun — how do they compare? Merlin Chain trades at Rp318.25 (market cap Rp429,68M, Rp23,37M 24h volume), while Pump.fun trades at Rp53.03 (market cap Rp20,72T, Rp1,93T 24h volume). The key difference: Pump.fun is far larger — about 48221.9× Merlin Chain's market cap, and Merlin Chain's circulating supply is 1,4B / 2,1B MERL (65%) versus 392,4B / 1T PUMP (40%) for Pump.fun. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 10 Days and Pump.fun for 29 Days on average.
| MERL | PUMP | |
|---|---|---|
Market Cap | Rp429,68M | Rp20,72T |
Volume (24h) | Rp23,37M | Rp1,93T |
Circulating Supply | 1,4B / 2,1B MERL (65%) | 392,4B / 1T PUMP (40%) |
Typical Hold Time | 10 Days | 29 Days |
What Pluang investors did over the last 30 days
Latest headlines on both assets
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 →PUMP is the official utility token of the Pump.fun launch platform and the swap.pump.fun AMM protocol (collectively referred to as the "Pump.fun Protocols"). While it is not necessary to hold PUMP in order to access or use these protocols—which are fully permissionless—holders may enjoy community-driven features, such as promotional giveaways. As the utility coin associated with the Pump.fun brand, PUMP enhances the ecosystem's identity and encourages engagement across its various protocols.
Read more on PUMP →