Merlin Chain vs SushiSwap — how do they compare? Merlin Chain trades at Rp310.04 (market cap Rp408,52M, Rp49,21M 24h volume), while SushiSwap trades at Rp3,048 (market cap Rp870,99M, Rp102,89M 24h volume). The key difference: SushiSwap is far larger — about 2.1× Merlin Chain's market cap, and Merlin Chain's supply is capped (1,3B / 2,1B MERL (63%)) while SushiSwap's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 9 Days and SushiSwap for 98 Days on average.
| MERL | SUSHI | |
|---|---|---|
Market Cap | Rp408,52M | Rp870,99M |
Volume (24h) | Rp49,21M | Rp102,89M |
Circulating Supply | 1,3B / 2,1B MERL (63%) | 286,8M SUSHI |
Typical Hold Time | 9 Days | 98 Days |
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.
SUSHI is trading at Rp2,986.83 with a market cap of Rp855.03 million, showing a bullish overall signal despite bearish moving averages. Key technical levels place current price near the pivot point of Rp2,968, with immediate resistance at Rp3,060. The token's hold time of 98 days suggests moderate investor retention. No major protocol upgrades or ecosystem news were noted recently, keeping fundamental developments quiet.
Outlook: Short-term bullish momentum is tempered by neutral oscillators and overbought RSI signals. Opportunities lie in breaking resistance for gains, but risks include high volatility and lack of fresh catalysts. Investors should monitor volume trends and broader crypto market sentiment for directional cues.
What Pluang investors did over the last 30 days
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 →SUSHI is an Ethereum token that powers SushiSwap, a decentralized cryptocurrency exchange and automated market maker built on Ethereum.
Read more on SUSHI →