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 Rp313.14 (market cap Rp425,41M, Rp23,65M 24h volume), while Steem trades at Rp622.89 (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 (1,4B / 2,1B MERL (65%)) while Steem's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 10 Days and Steem for 44 Days on average.
| MERL | STEEM | |
|---|---|---|
Market Cap | Rp425,41M | Rp400,47M |
Volume (24h) | Rp23,65M | Rp44,71M |
Circulating Supply | 1,4B / 2,1B MERL (65%) | 552,3M STEEM |
Typical Hold Time | 10 Days | 44 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.
STEEM is trading at Rp639.57 with a bearish technical outlook, showing sell pressure across moving averages while oscillators remain neutral. The token faces immediate resistance at Rp673 (pivot point) with support at Rp586. On-chain metrics show an average hold time of 44 days, indicating moderate holding behavior. No major protocol updates or ecosystem developments have been reported recently.
Overall outlook remains cautious with technical indicators favoring sellers. Key opportunities include potential rebounds from support levels, while risks include continued bearish momentum and limited fundamental catalysts. Investors should monitor trading volume patterns and any upcoming network developments for directional cues.
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 →
