Merlin Chain vs Turtle — how do they compare? Merlin Chain trades at Rp320.58 (market cap Rp431,65M, Rp24,58M 24h volume), while Turtle trades at Rp748.32 (market cap Rp115,67M, Rp15,29M 24h volume). The key difference: Merlin Chain is far larger — about 3.7× Turtle's market cap, and Merlin Chain's circulating supply is 1,4B / 2,1B MERL (65%) versus 154,7M / 1B TURTLE (16%) for Turtle. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 10 Days and Turtle for 12 Days on average.
| MERL | TURTLE | |
|---|---|---|
Market Cap | Rp431,65M | Rp115,67M |
Volume (24h) | Rp24,58M | Rp15,29M |
Circulating Supply | 1,4B / 2,1B MERL (65%) | 154,7M / 1B TURTLE (16%) |
Typical Hold Time | 10 Days | 12 Days |
Signals from Pluang's Aura AI — not financial advice
Merlin Chain is trading at Rp322.53, with a market cap of Rp435.78 million. The technical outlook is bullish, supported by moving averages, though oscillators are neutral. Key resistance lies at Rp370 and support at Rp305. The circulating supply is 1.4 million MERL out of a max 2.1 million, with a 65% circulation rate. No major protocol updates or ecosystem news were identified in recent research.
Overall outlook is cautiously optimistic due to bullish technical signals, but high RSI levels suggest potential overbought conditions. Key opportunities include network growth potential with remaining token supply. Major risks involve high volatility, limited liquidity, and regulatory uncertainties common to cryptocurrencies. Investors should monitor support levels closely.
TURTLE is trading at Rp771.66 with a market cap of Rp119.21 million, showing bullish technical signals from moving averages and ADX indicators. The token has a limited max supply of 1 million, with 16% in circulation. Current price is near pivot point resistance at Rp797, with support at Rp761.
Overall outlook is cautiously optimistic due to strong technical momentum, but major risks include low liquidity, high volatility from small market cap, and lack of recent ecosystem developments. Investors should monitor for breakout above Rp797 resistance.
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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 →Turtle aligns incentives between protocols and liquidity providers to surface unique yield opportunities. Its non-custodial system integrates with APIs and audited smart contracts to track liquidity flows and distribute rewards transparently. Turtle also offers advisory services for protocols seeking efficient liquidity incentives.
Read more on TURTLE →