Merlin Chain vs Telcoin — how do they compare? Merlin Chain trades at Rp313.53 (market cap Rp422,5M, Rp22,43M 24h volume), while Telcoin trades at Rp26.19 (market cap Rp2,52T, Rp15,52M 24h volume). The key difference: Telcoin is far larger — about 5964.5× Merlin Chain's market cap, and Merlin Chain's circulating supply is 1,4B / 2,1B MERL (65%) versus 96,1B / 100B TEL (97%) for Telcoin. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 10 Days and Telcoin for 12 Days on average.
| MERL | TEL | |
|---|---|---|
Market Cap | Rp422,5M | Rp2,52T |
Volume (24h) | Rp22,43M | Rp15,52M |
Circulating Supply | 1,4B / 2,1B MERL (65%) | 96,1B / 100B TEL (97%) |
Typical Hold Time | 10 Days | 12 Days |
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.
Telcoin (TEL) is currently trading at Rp26.553 with a market cap of Rp2.55T, showing bearish technical signals across most indicators. The token faces selling pressure with 16 sell signals versus only 1 buy signal, though oscillators remain neutral. With 97% of the maximum 100M supply in circulation and an average hold time of 12 days, the token exhibits moderate circulation dynamics. Recent trading activity shows the price testing support levels near Rp26 with resistance forming around Rp27-28.
Overall outlook remains cautious with bearish momentum dominating technical indicators. Key opportunities include potential bounce from support levels, while major risks involve continued selling pressure and limited fundamental catalysts. Investors should monitor whether the token can hold above Rp26 support and watch for any protocol updates that could drive renewed interest.
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 →Telcoin, launched in 2017 and governed by the Telcoin Association, is a fintech operating in 171 countries. It combines blockchain, telecommunications, and digital banking to offer affordable financial services. The Telcoin Wallet supports over 100 digital assets and enables global remittances. Telcoin is regulated as a Virtual Asset Service Provider in the EU and Argentina, a Major Payment Institution in Singapore, and a Money Services Business in several countries.
Read more on TEL →