Merlin Chain vs QuickSwap (New) — how do they compare? Merlin Chain trades at Rp309.71 (market cap Rp406,46M, Rp58,61M 24h volume), while QuickSwap (New) trades at Rp142.15 (market cap Rp95,21M, Rp22,47M 24h volume). The key difference: Merlin Chain is far larger — about 4.3× QuickSwap (New)'s market cap, and Merlin Chain's circulating supply is 1,3B / 2,1B MERL (63%) versus 666,3M / 1B QUICK (67%) for QuickSwap (New). Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 9 Days and QuickSwap (New) for 21 Days on average.
| MERL | QUICK | |
|---|---|---|
Market Cap | Rp406,46M | Rp95,21M |
Volume (24h) | Rp58,61M | Rp22,47M |
Circulating Supply | 1,3B / 2,1B MERL (63%) | 666,3M / 1B QUICK (67%) |
Typical Hold Time | 9 Days | 21 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.
QuickSwap (QUICK) is trading at Rp145.73 with a market cap of Rp98 million, exhibiting a bullish technical signal supported by moving averages and oscillators. The current price is near resistance at Rp146, with key support at Rp137. The asset has a circulating supply of 666,300 tokens out of a maximum 1 million, with a 67% circulation rate and average hold time of 21 days. No major protocol updates or ecosystem developments were identified in recent research.
Overall outlook is cautiously optimistic due to strong technical indicators, but limited by low market cap and liquidity. Key opportunities include potential breakout above resistance, while major risks involve high volatility and thin trading volumes. Investors should monitor for increased network activity and exchange liquidity improvements.
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 →QuickSwap is the leading DEX on all Polygon chains, including Polygon PoS, Polygon zkEVM, X Layer, Immutable zkEVM, and more. $QUICK is the native token powering the DragonFi ecosystem. It can be used for staking, voting in governance, futures trading, and earning rewards in the token through LPing.
Read more on QUICK →