Merlin Chain vs USDC — how do they compare? Merlin Chain trades at Rp309.56 (market cap Rp405,45M, Rp54,75M 24h volume), while USDC trades at Rp18,080 (market cap Rp1.319,41T, Rp177,3T 24h volume). The key difference: USDC is far larger — about 3254186.7× Merlin Chain's market cap, and Merlin Chain's supply is capped (1,3B / 2,1B MERL (63%)) while USDC's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 9 Days and USDC for 61 Days on average.
| MERL | USDC | |
|---|---|---|
Market Cap | Rp405,45M | Rp1.319,41T |
Volume (24h) | Rp54,75M | Rp177,3T |
Circulating Supply | 1,3B / 2,1B MERL (63%) | 73,1B USDC |
Typical Hold Time | 9 Days | 61 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.
No Aura AI signal available yet.
What Pluang investors did over the last 30 days
Latest headlines on both assets
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 →USD Coin is a stablecoin that is pegged to the U.S. dollar on a 1:1 basis. The stablecoin was originally launched on a limited basis in September 2018. Put simply, USD Coin’s mantra is 'digital money for the digital age'— and the stablecoin is designed for a world where cashless transactions are becoming more common. USD Coin has aimed to stand head and shoulders over competitors in several ways. One of them concerns transparency and assurance that users will be able to withdraw 1 USDC and receive $1 in return without any issues.
Read more on USDC →