Merlin Chain

MERL Rank #451
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.
Neutral

30D -7.3% 98.3% below ATH

Price-based current market conditions indicator with 100 percent data coverage. This is not a price forecast.
$0.027
Updated Data via CoinMarketCap
Market cap The current market value of coins already in circulation.
$38.38M
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.
$2.43M
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.
$56.36M

Merlin Chain price chart

Loading chart data...

Why Merlin Chain is price-neutral

Neutral 42 100% 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, while Price momentum across the scored timeframes supports the reading. Together these inputs produce a price-neutral 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 +1 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
Down 0.99%
7D
Up 3.59%
30D
Down 7.26%
Highest weight
90D
Up 40.46%
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.
$1.34M
DEX volume (24h) The estimated decentralized-exchange trading volume over the past 24 hours.
$1.09M
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. Markets excluded from CMC price or volume calculations are hidden.

Sort by
Pair
Market details
1
Binance Alpha
MERL/USDT $0.029688 Vol (24h) $4.55K 126
Liquidity
126

Use the market pair link to visit this exchange.

2
Binance Alpha
MERL/USDC $0.029916 Vol (24h) $415 33
Liquidity
33

Use the market pair link to visit this exchange.

3 MERL/USDT $0.028123 Vol (24h) $551.74K 383
Liquidity
383
Trade MERL
4 MERL/USDC $0.028126 Vol (24h) $1.24K 229
Liquidity
229
Trade MERL
5 MERL/USDT $0.02811 Vol (24h) $198.02K 341
Liquidity
341
Trade MERL
6 MERL/USDT $0.028133 Vol (24h) $13.19K 309
Liquidity
309

Use the market pair link to visit this exchange.

7 MERL/USDT $0.028013 Vol (24h) $24.18K 344
Liquidity
344

Use the market pair link to visit this exchange.

8
PancakeSwap v3 (BSC)
USDC/MERL $0.99982 Vol (24h) $1.24M 460
Liquidity
460

Use the market pair link to visit this exchange.

9 MERL/USDT $0.027803 Best price Vol (24h) $6.58K 278
Liquidity
278
Trade MERL
10 MERL/USDT $0.02814 Vol (24h) $82.07K 380
Liquidity
380

Use the market pair link to visit this exchange.

Affiliate Disclaimer: CryptoSlate may receive a commission when you click trading links on this page and complete an action with a third party. This does not influence our editorial independence or coverage.

MERL price converter

See MERL across major fiat currencies and swap the active converter instantly.

Quick Select
Active Converter
MERL to USD
Live

Using the live USD market price. Additional fiat rates will appear after the daily sync.

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.

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 25, 2026, Merlin Chain trades at $0.027.

What is the market cap of Merlin Chain?

Merlin Chain has a market capitalization of $38,375,555.72.

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

Merlin Chain has a 24-hour trading volume of $2,433,381.94.

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 98.27% 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 68.10% above its all-time low.