Merlin Chain (MERL) Live Price, Chart & On-Chain Telemetry
Recorded in CoinPaprika's public registry as a Smart-Contract Token (type: token) with functional tags: Ethereum (ETH) Token (ERC-20), Governance, Binance Coin (BNB) Token (BEP-20), Layer 2 (L2).
Merlin Chain (MERL) Market Cap Comparator
Calculate what 1 MERL would mathematically equal if Merlin Chain's circulating market cap ($38.34M) matched a benchmark asset or target valuation at constant supply (1.43B MERL).
Pre-Computed MERL Market Cap Comparison Matrix
| Benchmark Target | Target Market Cap | Implied MERL Price | Supply-Adjusted Ratio |
|---|---|---|---|
| Sector Leader (Wrapped Bitcoin — WBTC) | $9.33B | $6.53 | 243x |
| Bitcoin (BTC) Market Cap | $1.62T | $1,131.82 | 42204x |
| Ethereum (ETH) Market Cap | $286.09B | $200.09 | 7461x |
| Solana (SOL) Market Cap | $59.89B | $41.88 | 1562x |
| 2x Current MERL Market Cap | $76.69M | $0.0536 | 2.00x |
| 5x Current MERL Market Cap | $191.72M | $0.1341 | 5.00x |
| 10x Current MERL Market Cap | $383.45M | $0.2682 | 10.00x |
Formula: Implied Price = Target Market Cap ÷ Current Circulating Supply. For mathematical comparison only.
MERL FDV vs. Circulating Supply Breakdown
Compares Merlin Chain's circulating float against its total/maximum protocol supply.
MERL All-Time High (ATH) Recovery Table
Recorded ATH for Merlin Chain is $0.6722 (currently -96.01% from ATH).
| ATH Milestone | Milestone Price | Math % Change Needed | Implied Market Cap |
|---|---|---|---|
| 25% of Historical ATH | $0.1680 | +526.6% | $240.27M |
| 50% of Historical ATH | $0.3361 | +1153.2% | $480.55M |
| 75% of Historical ATH | $0.5041 | +1779.8% | $720.82M |
| 100% Full Historical ATH | $0.6722 | +2406.5% | $961.09M |
| 150% of Historical ATH | $1.01 | +3659.7% | $1.44B |
Compare Merlin Chain (MERL) Against 37 Historical Crypto Airdrops
Explore documented genesis token distributions (Uniswap, Hyperliquid, Arbitrum, Jupiter, Optimism, ENS, Aptos) with live allocation value calculators and our 31-protocol Speculative Airdrops Watchlist.
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Merlin Chain (MERL) Tokenomics, Ecosystem & Market Cap FAQ
1. What is the current market cap and rank of Merlin Chain (MERL)?
As of the latest public snapshot, Merlin Chain (MERL) holds a circulating market capitalization of $38.34M at a reference price of $0.0268, ranking #446 out of the Top 1,000 cryptocurrencies tracked on Live Coin Charts.
2. Which blockchain ecosystem does Merlin Chain (MERL) belong to and what is its claimed utility?
Merlin Chain is indexed in public API registries under: Ethereum (ERC-20), BNB Chain (BEP-20). Recorded in CoinPaprika's public registry as a Smart-Contract Token (type: token) with functional tags: Ethereum (ETH) Token (ERC-20), Governance, Binance Coin (BNB) Token (BEP-20), Layer 2 (L2).
3. What is MERL’s Fully Diluted Valuation (FDV) vs. circulating supply?
Merlin Chain has a reported circulating supply of 1.43B MERL and a maximum protocol supply of 2.10B MERL, resulting in an implied Fully Diluted Valuation (FDV) of $56.32M (100.0% circulating float).
4. What would MERL’s price be if it reached Wrapped Bitcoin’s market cap?
Based on circulating-supply division (Target Market Cap ÷ Circulating Supply), if MERL reached Wrapped Bitcoin’s market cap of $9.33B, 1 MERL would mathematically equal $6.53 (243.36x current market cap).
5. How far is Merlin Chain (MERL) from its All-Time High (ATH)?
Merlin Chain recorded a historical All-Time High of $0.6722 and currently trades -96.01% from that peak. Returning to 100% of its historical ATH would mathematically require a +2406.5% change from current reference levels.
6. Is this Merlin Chain (MERL) page financial or trading advice?
No. All market cards, live prices, TradingView charts, ratio calculators, ecosystem classifications, and publicly claimed utilities on Live Coin Charts are provided strictly for informational and educational reference only.
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