Merlin Chain vs Terra USD — how do they compare? Merlin Chain trades at Rp313.47 (market cap Rp423,04M, Rp23,72M 24h volume), while Terra USD trades at Rp87.47 (market cap Rp485,83M, Rp24,16M 24h volume). The key difference: Merlin Chain and Terra USD are close in size by market cap, and Merlin Chain's circulating supply is 1,4B / 2,1B MERL (65%) versus 5,6B / 6,1B USTC (92%) for Terra USD. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 10 Days and Terra USD for 57 Days on average.
| MERL | USTC | |
|---|---|---|
Market Cap | Rp423,04M | Rp485,83M |
Volume (24h) | Rp23,72M | Rp24,16M |
Circulating Supply | 1,4B / 2,1B MERL (65%) | 5,6B / 6,1B USTC (92%) |
Typical Hold Time | 10 Days | 57 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.
Terra USD (USTC) is trading at Rp87.592 with a bearish technical signal, showing weak moving averages and neutral oscillators. The price hovers near the pivot point of Rp88, with immediate support at Rp86 and resistance at Rp89. Market cap stands at Rp486.25M with 92% of max supply in circulation. No major protocol updates or ecosystem developments have been reported recently.
Overall outlook remains cautious due to bearish momentum and limited fundamental catalysts. Key opportunities include potential rebounds from support levels, while major risks involve high volatility, low liquidity, and ongoing regulatory scrutiny. Investors should monitor trading volume and on-chain activity for signs of recovery.
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 →USTC is the decentralized and algorithmic stablecoin of the Terra blockchain. It is a scalable, yield-bearing coin that is value-pegged to the US dollar. The stablecoin in the Terra ecosystem shares the total liquidity, meaning users can exchange TerraUSD to TerraKRW (their stablecoin pegged to the Korean Won) with minimal fees. Additionally, users can gain passive income using TerraUSD with the Anchor lending protocol's stable interest rates.
Read more on USTC →