$MERL is showing strong bullish momentum with a +32% price increase, reflecting growing market confidence. With a market cap of $482M, the project sits in the mid-cap range, giving it both stability and room for further growth. The FDV of $930M shows significant future valuation potential if demand continues to rise.

On-chain activity also looks healthy, with 17,500+ holders, indicating expanding community adoption. The chart shows a steady upward trend supported by rising volume—suggesting consistent buying pressure.

MERL is currently in a strong trend, but like all rapidly rising tokens, short-term pullbacks can occur. Overall, momentum remains positive.

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MERL

Alpha

0.36336

-0.49%