Compare Merlin Chain (MERL) vs Skate (SKATE) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Merlin Chain vs Skate — how do they compare? Merlin Chain trades at Rp310.2 (market cap Rp424,06M, Rp25,98M 24h volume), while Skate trades at Rp42.51 (market cap Rp7,09M, Rp3,68M 24h volume). The key difference: Merlin Chain is far larger — about 59.8× Skate's market cap, and Merlin Chain's circulating supply is 1,4B / 2,1B MERL (65%) versus 166,9M / 1B SKATE (17%) for Skate. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 10 Days and Skate for 12 Days on average.
| MERL | SKATE | |
|---|---|---|
Market Cap | Rp424,06M | Rp7,09M |
Volume (24h) | Rp25,98M | Rp3,68M |
Circulating Supply | 1,4B / 2,1B MERL (65%) | 166,9M / 1B SKATE (17%) |
Typical Hold Time | 10 Days | 12 Days |
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Aura AI Summary
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.
Skate token shows limited market activity with a modest market cap of Rp7,09M and only 17% of its maximum supply in circulation. The token exhibits low trading volume and minimal network activity, with an average hold time of 12 days suggesting short-term holding patterns. No recent protocol updates or significant ecosystem developments have been observed, indicating stagnant project growth.
Overall outlook remains cautious due to extremely low liquidity and limited adoption. Key opportunities exist if the project gains developer traction, but major risks include complete liquidity evaporation and regulatory uncertainty in the crypto space. Investors should approach with extreme caution given the token's micro-cap status.
Investor sentiment on Pluang
What Pluang investors did over the last 30 days
Investor sentiment on Pluang
What Pluang investors did over the last 30 days
No sentiment data available yet.
About Merlin Chain
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 →About Skate
Skate is a multi-VM infrastructure that enables decentralized applications to run seamlessly across multiple blockchains. It also provides native access to VM-specific applications, allowing EVM apps to operate directly within SVM or MOVE environments.
Read more on SKATE →
