Why do I have high hopes for $MERL ? (Market and expectations analysis)
1. $MERL has undergone a deep washout for 1 year, and there are still ten times to go before reaching the top of 1.5u, leaving a large space for growth.
2. After being listed on Binance Alpha, the trading volume has increased significantly, with a turnover rate sufficient, 24h trading volume close to 100 million, and OKX contracts with a 24h trading volume of 100 million.
Expectations moving forward:
1. There are expectations for both spot and contract trading with Bn; after Merlin's launch, the trading volume of the token has been substantial, aligning with Bn's preferences for listing.
2. Merlin has been actively developing the South Korean market, having participated in a Space organized by the official Bnb in Korean on April 22, and currently, $MERL has not been listed on the top 2 in Korea, presenting potential expectations for being listed on Upbit and Bithumb.
