Compare Merlin Chain (MERL) vs Sky (SKY) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Merlin Chain vs Sky — how do they compare? Merlin Chain trades at Rp313.39 (market cap Rp427,4M, Rp25,77M 24h volume), while Sky trades at Rp930.92 (market cap Rp21,86T, Rp182,14M 24h volume). The key difference: Sky is far larger — about 51146.5× Merlin Chain's market cap, and Merlin Chain's circulating supply is 1,4B / 2,1B MERL (65%) versus 23,4B / 23,5B SKY (100%) for Sky. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 10 Days and Sky for 15 Days on average.
| MERL | SKY | |
|---|---|---|
Market Cap | Rp427,4M | Rp21,86T |
Volume (24h) | Rp25,77M | Rp182,14M |
Circulating Supply | 1,4B / 2,1B MERL (65%) | 23,4B / 23,5B SKY (100%) |
Typical Hold Time | 10 Days | 15 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.
SKY token is currently trading at Rp952.67 with a market cap of Rp22.26T, showing bearish technical signals across most indicators. The token is trading near its pivot point of Rp948 with immediate support at Rp941 and resistance at Rp959. Despite the bearish moving average signals, oscillators remain neutral with RSI readings in oversold territory suggesting potential for short-term recovery. The token has achieved full circulation with 23.4M of 23.5M tokens in supply.
Overall outlook remains cautious with technical indicators favoring bearish momentum, though oversold RSI levels may provide short-term buying opportunities. Major risks include high volatility, limited fundamental developments, and the token's proximity to key support levels. Investors should monitor the Rp941 support level closely for potential breakdown or bounce scenarios.
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
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 Sky
Sky (SKY) is the governance token of Sky Protocol and an upgraded version of MakerDAO, built to make DeFi more accessible, scalable, and rewarding through modular, non-custodial tools.
Read more on SKY →
