Merlin Chain

MERL Rank #468
Token
Market Signal Market Signal is a price-based 0–100 indicator combining 24-hour to one-year momentum, logarithmic position between the all-time low and high, recency of those milestones, and whether 24-hour volume change confirms the latest price move. It describes current market conditions, not a price forecast.
Bearish

30D +4.5% 98.4% below ATH

Price-based current market conditions indicator with 100 percent data coverage. This is not a price forecast.
$0.025
Updated Data via CoinMarketCap
Market cap The current market value of coins already in circulation.
$36.35M
Token Dominance This asset's share of the Token category's total market capitalization, calculated by dividing its market cap by the combined market cap of assets in its primary CryptoSlate category.
0.0%
Volume (24h) The estimated total value traded across exchanges over the past 24 hours.
$2.09M
Supply The circulating supply compared with the protocol-defined maximum supply.
1.43BMaximum supply: 2.1B
FDV Fully diluted valuation estimates the market value if the project's fully diluted token supply were circulating at the current price.
$53.38M

Merlin Chain price chart

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Why Merlin Chain is bearish

Bearish 39 100% data coverage Market Signal explains the weighted evidence behind the current price-based label. It describes current conditions and is not a price forecast.

Logarithmic historical position weighs on it. The available evidence produces a bearish reading rather than a price forecast.

Score drivers

Each bar shows how a formula-weighted input pulls the composite reading below or above its neutral midpoint.
Momentum 55% weight −1 pts
Historical position 20% weight −8 pts
Milestone recency 15% weight −2 pts
Volume confirmation 10% weight 0 pts

Historical position

The current price is placed between the all-time low and high on a logarithmic scale, matching the formula input.
Log scale · formula input Logarithmic placement gives equivalent percentage moves comparable visual distance across the full historical range.

Momentum evidence

These are the price-change horizons used by the Market Signal momentum component.
24H
Up 0.74%
7D
Down 21.89%
30D
Up 4.46%
Highest weight
90D
Up 45.97%
1Y
Down 72.08%

Market context

Not directly scored These supporting values provide context and are not directly included in the displayed signal score.
CEX volume (24h) The estimated centralized-exchange trading volume over the past 24 hours.
$1.96M
DEX volume (24h) The estimated decentralized-exchange trading volume over the past 24 hours.
$128.67K
Total supply The total number of tokens that currently exist, excluding any that have been verifiably burned.
2.1B
How this score is calculated Model v1.0 · Current conditions, not a forecast.

What it measures

The model converts price momentum, logarithmic historical position, milestone recency, and short-term volume confirmation into one 0–100 score. Missing evidence lowers data coverage instead of counting as neutral.

Configured model weights

Momentum
55% weight
Historical position
20% weight
Milestone recency
15% weight
Volume confirmation
10% weight

When inputs are missing, these configured weights are renormalized across the available evidence; data coverage records what is missing.

How to read it

50 is the neutral midpoint. Scores of 60 or higher are bullish, 40 or lower are bearish, and 41–59 are neutral.

Merlin Chain Markets

Loading market data Updated

Showing 10 spot markets sorted by CoinMarketCap exchange rank. Markets excluded from CMC price or volume calculations are hidden.

Pair
1
Binance Alpha
MERL/USDC $0.03 $252 1
2
Binance Alpha
MERL/USDT $0.03 $250 1
3
OKX Trade MERL
MERL/USDT $0.03 $194.47K 381
4
OKX Trade MERL
MERL/USDC $0.03 Best price $1.4K 213
5
Bybit Trade MERL
MERL/USDT $0.03 $68.24K 348
6
Bitget
MERL/USDT $0.03 $21.74K 363
7
Gate
MERL/USDT $0.03 $6.84K 373
8
PancakeSwap v3 (BSC)
USDC/MERL $1.00 $8.57K 461
9
KuCoin Trade MERL
MERL/USDT $0.03 $6.28K 279
10
MEXC
MERL/USDT $0.03 $70.65K 323

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MERL price converter

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About Merlin Chain

Merlin Chain operates as a Layer 2 solution for Bitcoin, integrating key elements such as ZK-Rollup networks, decentralized oracle networks, and fraud proofs within the Bitcoin chain. Its core aim is to enhance the native assets, protocols, and application ecosystem of Bitcoin Layer 1, fostering continuous innovation and maximizing asset potential on Layer 2 networks. The native token of Merlin Chain, MERL, serves various purposes:

Staking

Staking MERL contributes to the overall security of Merlin Chain.

Collator Delegation

MERL holders can choose to delegate their holdings to collators or stake MERL to operate their collators and secure the network.

Network Fees

MERL can be utilized within Merlin L3 to pay transaction fees.

Native Liquidity & Collateral

MERL tokens are integral to the Merlin ecosystem, providing native liquidity and collateral.

Total Supply

Merlin Chain will have a total supply of 2,100,000,000 MERL at genesis, distributed among the public, Merlin Eco, early supporters, and initial core contributors.

Founder

Merlin Chain is a product line of Bitmap Tech (formerly RCSV), founded by Jeff. Prior to Bitmap Tech, Jeff was an entrepreneur in the Web2 industry, securing funding from prominent entities like Sequoia Capital, IDG Capital, BAI Capital, 5Y Capital, and Vitalbridge. His foray into the Web3 domain began in 2023, inspired by Ordinals and the BTC ecosystem.

Categories
Token Primary Governance Layer 2 BRC-20

Merlin Chain Technical Details

Circulating Supply 1,429,811,256
Total Supply 2,100,000,000
Max Supply 2,100,000,000

Merlin Chain FAQs

What is the price of Merlin Chain today?

As of Oct 20, 2026, Merlin Chain trades at $0.025.

What is the market cap of Merlin Chain?

Merlin Chain has a market capitalization of $36,345,273.91.

What is the 24-hour trading volume of Merlin Chain?

Merlin Chain has a 24-hour trading volume of $2,092,964.08.

What is the all-time high of Merlin Chain?

Merlin Chain reached an all-time high of $1.55, recorded on Apr 19, 2024. It is currently 98.36% below its all-time high.

What is the all-time low of Merlin Chain?

Merlin Chain recorded an all-time low of $0.016, recorded on Jun 25, 2026. It is currently 59.21% above its all-time low.

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