Compare Merlin Chain (MERL) vs Steem (STEEM) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Merlin Chain vs Steem — how do they compare? Merlin Chain trades at Rp311.01 (market cap Rp406,23M, Rp49,79M 24h volume), while Steem trades at Rp730.63 (market cap Rp400,47M, Rp44,71M 24h volume). The key difference: Merlin Chain and Steem are close in size by market cap, and Merlin Chain's supply is capped (1,3B / 2,1B MERL (63%)) while Steem's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 9 Days and Steem for 43 Days on average.
| MERL | STEEM | |
|---|---|---|
Market Cap | Rp406,23M | Rp400,47M |
Volume (24h) | Rp49,79M | Rp44,71M |
Circulating Supply | 1,3B / 2,1B MERL (63%) | 552,3M STEEM |
Typical Hold Time | 9 Days | 43 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 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.
Steem is trading at Rp733.84 with a bearish technical signal, as moving averages indicate selling pressure while oscillators are neutral. The price is near resistance at R1 (Rp733) after testing support levels. No major protocol updates or ecosystem news were found recently, suggesting quiet fundamental activity.
Overall outlook is cautious due to bearish momentum and lack of positive catalysts. Key opportunities include potential rebounds from oversold RSI levels, but risks involve low liquidity and regulatory uncertainties in the crypto space. Investors should monitor volume changes and broader market trends.
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 Steem
Steem is a community-focused blockchain that creates an instant earning opportunity for the network’s users. The protocol is designed to provide an earning opportunity for customers based on their value to the network. It is designed to provide users with a platform where they can post curated content online, and get paid in cryptocurrency.
Read more on STEEM →
