Merlin Chain vs Treehouse — how do they compare? Merlin Chain trades at Rp311.59 (market cap Rp409,93M, Rp58,46M 24h volume), while Treehouse trades at Rp787.43 (market cap Rp123,13M, Rp386,64M 24h volume). The key difference: Merlin Chain is far larger — about 3.3× Treehouse's market cap, and Merlin Chain's circulating supply is 1,3B / 2,1B MERL (63%) versus 156,1M / 1B TREE (16%) for Treehouse. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 9 Days and Treehouse for 19 Days on average.
| MERL | TREE | |
|---|---|---|
Market Cap | Rp409,93M | Rp123,13M |
Volume (24h) | Rp58,46M | Rp386,64M |
Circulating Supply | 1,3B / 2,1B MERL (63%) | 156,1M / 1B TREE (16%) |
Typical Hold Time | 9 Days | 19 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.
TREE token is currently trading at Rp778.45 with a market cap of Rp121.67M, showing bullish technical signals despite mixed indicator readings. The asset maintains a 16% circulation rate with average hold time of 19 days. Recent price action shows the token trading near pivot point resistance at Rp800, with RSI indicating potential overbought conditions on shorter timeframes. The token's limited max supply of 1M tokens creates scarcity dynamics while current circulating supply stands at 156,100 tokens.
Overall outlook remains cautiously optimistic with technical momentum favoring bulls, though overbought RSI signals suggest potential near-term consolidation. Key opportunities include the token's scarcity profile and bullish market structure, while risks center around low liquidity and high volatility typical of low-market-cap crypto assets. Investors should monitor key resistance at Rp843 for breakout confirmation.
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 →TREE is the native token of Treehouse, a Web3 platform focused on decentralized community engagement and ecosystem growth. It powers governance, rewards, and participation across Treehouse’s network of applications and services.
Read more on TREE →