CoCoCrypot
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Recently, the hottest topic in the community is Merlin Chain (MERL). It is a second-layer project for Bitcoin that uses a set of zk-rollup and oracle technologies to expand the Bitcoin ecosystem into DeFi and smart contract scenarios.
Recently, it has surged significantly, increasing by 30% in the last 24 hours, and approximately a third in the past week. The key is that there are continuous actions: first, a cross-chain collaboration with Sui for M-BTC, allowing BTC to directly participate in DeFi on Sui; then, the launch of the MERL/KRW trading pair on Bithumb, which has directly increased liquidity and attention.
It feels like there are people pushing this project behind the scenes, and the technology route indeed has some merit, rather than just being short-term speculation. The current market has already elevated it to trending status, whether it continues to surge or pulls back will depend on whether the funds can sustain it.
$MERL
Recently, the hottest topic in the community is Merlin Chain (MERL). It is a second-layer project for Bitcoin that uses a set of zk-rollup and oracle technologies to expand the Bitcoin ecosystem into DeFi and smart contract scenarios.
Recently, it has surged significantly, increasing by 30% in the last 24 hours, and approximately a third in the past week. The key is that there are continuous actions: first, a cross-chain collaboration with Sui for M-BTC, allowing BTC to directly participate in DeFi on Sui; then, the launch of the MERL/KRW trading pair on Bithumb, which has directly increased liquidity and attention.
It feels like there are people pushing this project behind the scenes, and the technology route indeed has some merit, rather than just being short-term speculation. The current market has already elevated it to trending status, whether it continues to surge or pulls back will depend on whether the funds can sustain it.
$MERL
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