Merlin Chain vs Ravencoin — how do they compare? Merlin Chain trades at Rp316.95 (market cap Rp426,28M, Rp26,2M 24h volume), while Ravencoin trades at Rp48.27 (market cap Rp788,4M, Rp276,29M 24h volume). The key difference: Ravencoin is the larger of the two by market cap, and Merlin Chain's circulating supply is 1,4B / 2,1B MERL (65%) versus 16,4B / 21B RVN (79%) for Ravencoin. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 10 Days and Ravencoin for 98 Days on average.
| MERL | RVN | |
|---|---|---|
Market Cap | Rp426,28M | Rp788,4M |
Volume (24h) | Rp26,2M | Rp276,29M |
Circulating Supply | 1,4B / 2,1B MERL (65%) | 16,4B / 21B RVN (79%) |
Typical Hold Time | 10 Days | 98 Days |
Signals from Pluang's Aura AI — not financial advice
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.
Ravencoin (RVN) is trading at Rp47.631 with a market cap of Rp775.79M, showing a bearish technical signal overall despite bullish oscillators. The asset is near key support at Rp44-46, with 79% of its 21M max supply in circulation. No major protocol updates or ecosystem news are currently driving momentum, leaving price action heavily influenced by market sentiment and technical levels.
The outlook remains cautious due to strong bearish moving averages and high ADX readings indicating a strong trend. Opportunities exist if support holds, but risks include low liquidity, crypto market volatility, and lack of recent fundamental catalysts. Investors should monitor for breaks below Rp44 for further downside.
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 →Ravencoin (RVN) is a digital peer-to-peer (P2P) network that aims to implement a use case specific blockchain, designed to efficiently handle one specific function: the transfer of assets from one party to another. The release of the Ravencoin mainnet and increase in activity on the platform should help the price. Any news of notable companies or financial institutions utilizing the platform should also have a positive effect.
Read more on RVN →