Merlin Chain vs Pundi X (New) — how do they compare? Merlin Chain trades at Rp309.08 (market cap Rp405,88M, Rp50,29M 24h volume), while Pundi X (New) trades at Rp1,483 (market cap Rp381,99M, Rp26,66M 24h volume). The key difference: Merlin Chain and Pundi X (New) are close in size by market cap, and Merlin Chain's circulating supply is 1,3B / 2,1B MERL (63%) versus 258,4M / 258,5M PUNDIX (100%) for Pundi X (New). Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 9 Days and Pundi X (New) for 19 Days on average.
| MERL | PUNDIX | |
|---|---|---|
Market Cap | Rp405,88M | Rp381,99M |
Volume (24h) | Rp50,29M | Rp26,66M |
Circulating Supply | 1,3B / 2,1B MERL (63%) | 258,4M / 258,5M PUNDIX (100%) |
Typical Hold Time | 9 Days | 19 Days |
Signals from Pluang's Aura AI — not financial advice
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.
PUNDIX trades at Rp1,498, showing a bearish technical bias with moving averages signaling sell pressure, while oscillators remain neutral. The token is fully circulated with a market cap of Rp385.8 million. Current price hovers near resistance at Rp1,508, with support at Rp1,460. No major protocol updates or ecosystem developments were noted recently.
Overall outlook is cautious due to bearish technicals and limited fundamental catalysts. Key opportunities include potential rebounds from support levels, while risks involve low liquidity and high volatility. Investors should monitor for any ecosystem updates that could drive adoption.
What Pluang investors did over the last 30 days
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 →Pundi X develops blockchain-based devices to revolutionize retail transactions. Its point-of-sale solution enables merchants and customers to make instant in-store payments using blockchain technology.
Read more on PUNDIX →