Merlin Chain is a Bitcoin Layer 2 network integrating features like ZK-Rollup, decentralized oracles, and on-chain BTC fraud proof modules. It aims to empower Bitcoin’s assets, protocols, and products on Layer 1, making Bitcoin more dynamic. Utilizing zero-knowledge proofs and Bitcoin’s consensus mechanism; it ensures security and efficiency within its ecosystem. Merlin Chain expands Bitcoin’s innovation to Layer 2, supporting diverse assets, dApps, and community-driven launches, ultimately enhancing Bitcoin’s potential.

How does Merlin Chain work?

Merlin Chain operates as a Layer 2 solution for Bitcoin, leveraging zero-knowledge proofs (ZKPs) submitted to the Bitcoin network for verification. These ZKPs ensure the security and integrity of transactions and commitments on the Merlin Chain.

In case of disputes or fraudulent activities, challengers can present fraud proofs utilizing Bitcoin’s robust consensus mechanism to resolve issues. This setup creates a secure, practical, and economically efficient environment for users within the Merlin Chain ecosystem.

Merlin layer 2 on Bitcoin

Merlin Chain works by integrating Layer 2 functionalities with Bitcoin’s Layer 1, enabling enhanced support for Bitcoin assets and protocols while maintaining security and efficiency.

Merlin Chain Funding and Investors Information

Merlin Chain has secured funding co-led by Spartan Group and Hailstone Labs, with significant contributions from Amber Group, Presto Labs, and IOBC Ventures. This investment heralds a crucial milestone in Merlin Chain’s journey, solidifying its position at the forefront of the Bitcoin ecosystem’s evolution.

Merlin Chain Investors

Having launched its mainnet successfully, Merlin Chain has rapidly garnered industry traction, facilitating over 9 million transactions and hosting more than 70 live projects with a Total Value Locked (TVL) exceeding $4 billion.

With the support of esteemed backers like Spartan Group, Merlin Chain aims to go deeper into BTC staking and institutional management, enhancing Bitcoin’s status as a pivotal “storage of value.”

Founder Jeff has strategically secured funding from top-tier institutions, ensuring both security and technological advancement. The establishment of the Merlin Security Council underscores the platform’s commitment to safety and growth, attracting white-hat hackers and innovative DApps.

How to Buy MERL Token?

MERL tokens, the native cryptocurrency of Merlin Chain, are actively traded on various centralized cryptocurrency exchanges. Among these, OKX stands out as a prominent platform for buying and trading MERL tokens.

Additionally, other popular options for MERL trading include Bybit and Gate.io. These exchanges provide users with convenient access to MERL tokens, facilitating liquidity and enabling investors to participate in the Merlin Chain ecosystem.

About MERL Token

Metric Value
Token Name MERL
Market Cap $97,358,393
Self-reported
Circulating Supply
360,000,000 MERL
Total Supply 2.1B MERL
Max. Supply 2.1B MERL
Fully Diluted Market Cap $567,923,958

MERL Token Price Prediction 2024, 2025 to 2030

MERL Token Price Prediction for 2024

When Maximum Price Minimum Price
August 2024 $0.319 $0.266
September 2024 $0.351 $0.292
October 2024 $0.354 $0.295
November 2024 $0.390 $0.325
December 2024 $0.394 $0.328

In 2024, the MERL Token is projected to see notable price fluctuations. In August 2024, the maximum price is expected to reach $0.319, while the minimum price might dip to $0.266. As the year progresses, the MERL Token’s value is anticipated to increase. By December 2024, the maximum price could peak at $0.394, and the minimum price may rise to $0.328.

MERL Token Price Prediction for 2025

When Maximum Price Minimum Price
January 2025 $0.398 $0.321
February 2025 $0.362 $0.258
March 2025 $0.369 $0.297
April 2025 $0.335 $0.239
May 2025 $0.364 $0.294
June 2025 $0.401 $0.286
July 2025 $0.393 $0.317
August 2025 $0.472 $0.337
September 2025 $0.476 $0.384
October 2025 $0.433 $0.309
November 2025 $0.442 $0.356
December 2025 $0.446 $0.319

As we step into 2025, the MERL Token is projected to continue its dynamic price movements. In January 2025, the maximum price is anticipated to be $0.398 with a minimum of $0.321. By August 2025, the token’s value is expected to peak at $0.472 and dip to $0.337. Finally, in December 2025, the maximum price is forecasted to be $0.446 with a minimum of $0.319. This indicates a year of significant fluctuations and growth potential for the MERL Token.

MERL Token Price Prediction for 2026

When Maximum Price Minimum Price
January 2026 $0.468 $0.378
February 2026 $0.515 $0.368
March 2026 $0.478 $0.358
April 2026 $0.562 $0.401
May 2026 $0.618 $0.499
June 2026 $0.542 $0.421
July 2026 $0.464 $0.375
August 2026 $0.422 $0.302
September 2026 $0.528 $0.426
October 2026 $0.660 $0.471
November 2026 $0.726 $0.585
December 2026 $0.813 $0.581

MERL Token Price Prediction for 2027

When Maximum Price Minimum Price
January 2027 $0.894 $0.721
February 2027 $1.073 $0.766
March 2027 $0.975 $0.787
April 2027 $1.033 $0.726
May 2027 $1.180 $0.952
June 2027 $0.908 $0.648
July 2027 $0.726 $0.586
August 2027 $0.563 $0.402
September 2027 $0.704 $0.568
October 2027 $0.880 $0.628
November 2027 $0.968 $0.780
December 2027 $1.084 $0.774

MERL Token Price Prediction for 2028, 2029 to 2030

When Maximum Price Minimum Price
January 2028 $1.192 $0.961
February 2028 $1.073 $0.766
March 2028 $0.975 $0.787
April 2028 $1.173 $0.866
May 2028 $0.901 $0.727
June 2028 $0.819 $0.585
July 2028 $1.024 $0.826
August 2028 $1.321 $0.944
September 2028 $1.586 $1.279
October 2028 $1.441 $1.030
November 2028 $1.456 $1.174
December 2028 $1.630 $1.165
January 2029 $1.470 $1.186
February 2029 $1.730 $1.235
March 2029 $1.903 $1.534
April 2029 $2.265 $1.618
May 2029 $2.462 $1.985
June 2029 $2.708 $1.934
July 2029 $2.579 $2.080
August 2029 $2.149 $1.535
September 2029 $2.171 $1.751
October 2029 $2.714 $1.938
November 2029 $2.768 $2.232
December 2029 $2.823 $2.017
January 2030 $2.741 $2.210
February 2030 $2.796 $1.997
March 2030 $2.688 $2.168
April 2030 $2.240 $1.600
May 2030 $2.285 $1.843
June 2030 $2.077 $1.484
July 2030 $2.700 $2.178
August 2030 $2.727 $1.948
September 2030 $2.285 $1.843
October 2030 $2.742 $1.958
November 2030 $2.611 $2.106
December 2030 $2.374 $1.696

As we look ahead to 2028, the MERL Token is expected to see significant price variations. In January 2028, the maximum price is projected to be $1.192 with a minimum of $0.961. By August 2028, the token’s value could peak at $1.321 and dip to $0.944, and by December 2028, the highest price might reach $1.630 with a minimum of $1.165.

Moving into 2029, the MERL Token’s price fluctuations will likely continue. In January 2029, the maximum price is forecasted to be $1.470 with a minimum of $1.186. By August 2029, the peak price could be $2.149 and the lowest $1.535, and by December 2029, the token might reach a maximum of $2.823 and a minimum of $2.017.

Looking further into 2030, the trend remains dynamic. In January 2030, the MERL Token’s price is expected to range from a maximum of $2.741 to a minimum of $2.210. By August 2030, the highest value could be $2.727 and the lowest $1.948, and by December 2030, the maximum price is projected to be $2.374 with a minimum of $1.696. These projections indicate a period of considerable growth and volatility for the MERL Token over the next few years.

MERL Token Price Prediction in INR

Year Maximum MERL Price (INR) Minimum MERL Price (INR)
2026 ₹68.01 ₹25.26
2027 ₹98.71 ₹33.63
2028 ₹136.36 ₹48.94
2029 ₹236.16 ₹99.21
2030 ₹233.90 ₹124.14

In the coming years, MERL Token in INR is anticipated to experience significant fluctuations in its value.

In 2026, the maximum and minimum prices for MERL are expected to be ₹68.01 and ₹25.26, respectively. For 2027, the prices will likely peak at ₹98.71 and reach a low of ₹33.63. In 2028, the forecasted prices are ₹136.36 (maximum) and ₹48.94 (minimum). By 2029, the prices should reach a maximum of ₹236.16 and a minimum of ₹99.21. Finally, in 2030, MERL’s prices are anticipated to range from a high of ₹233.90 to a low of ₹124.14.

Merlin Chain Airdrop: Eligibility Criteria How to Claim?

Eligible investors can claim their MERLIN chain airdrop from https://airdrop.merlinchain.io/.

20% of $MERL tokens will be distributed to users who have staked in Merlin’s Seal. This distribution will occur monthly, with the allocation divided as follows: 50%, 25%, 12.5%, 6.25%, 3.125%, and 3.125% in successive months.

You can refer to the official announcement here

Do not fall for any scam links.

FAQS

Who is the Founder of Merlin Chain?

Jeff is the founder of Merlin chain.

What is the Price Prediction of MERL for 2025?

In 2025, the price of MERL Token is expected to rise to a maximum of $0.476 and may potentially decrease to a minimum of $0.239.

What is the Price Prediction of MERL Token for 2030?

The MERL token is anticipated to rise as high as $2.796 in 2030.

What is the Marketcap of MERL Token?

The current Marketcap of MERL stands at $97,358,393.

What is the Fully diluted market cap of MERL?

The Fully diluted market cap (FDV) of MERL is $567,923,958.

Where can you Trade MERL Token?

The platforms where MERL tokens can be traded include OKX, Bybit, and Gate.io.

Also Read

Should You Invest in Merlin Chain (MERL) token?

Merlin Chain has launched its token amidst the buzz surrounding Bitcoin’s halving event and the growing interest in Runestone and DEFI within the Bitcoin ecosystem. With the surge in gas fees due to heightened activity, there’s a potential niche for a layer 2 solution on Bitcoin, positioning Merlin Chain favorably in the current market climate.

However, I recommend caution rather than an all-in approach with MERL investment. Currently, the Fully Diluted Valuation (FDV) of Merlin Chain stands at a substantial $567,923,958 USD as of 1st August 2024.

In my view, there are likely more appealing investment opportunities in the market currently compared to Merlin Chain. Therefore, careful consideration and patience are advised when evaluating investment decisions in this space.