5 Shocking Data of MERL Token Today: Up 32.89%, Capitalization Touches IDR4.26 Trillion!

Jakarta, Pintu News – The Merlin token (MERL) is back in the spotlight today after scoring a significant price spike. Based on data from CoinGecko displayed on the Pintu platform, as of September 22, 2025 at 09.40 WIB, the price of MERL increased by 32. 89% in the last 24 hours to IDR 4,319. This sharp increase has made crypto investors look at this project again.

The token has also shown very dynamic price movements, with global trading volume in 24 hours reaching Rp3.02 trillion, making it one of the cryptocurrency assets with the highest activity on the day.

1. MERL Price Rises 32.89% in 24 Hours

According to data from CoinGecko cited by Pintu Market, the price of the MERL token increased from IDR3,235 to IDR4,319 in just one day. This marks an increase of 32.89%, a spike that is quite rare in the current market conditions.

This increase was most likely triggered by positive sentiment from the community as well as an increase in transaction volume, which reached Rp3.02 trillion. This surge is a reminder that in the cryptocurrency world, volatility is both an opportunity and a risk.

Also Read: 3 Risks of Major Liquidation in Crypto Market in September 2025 that Traders Need to Be Aware of

2. Market Capitalization Reached Rp4.26 Trillion

With the soaring price, the market capitalization of the MERL token is now recorded at IDR4.26 trillion. This puts MERL in a more competitive position among similar tokens in the Indonesian market.

Market capitalization is an important indicator in crypto as it reflects the total value of assets in circulation. With the circulating supply reaching 978,958,758 MERL, rising prices automatically boost the total value of market assets.

3. Maximum Supply 2.1 Billion, Diluted Value Could Reach Rp9.15 Trillion

MERL has a maximum supply of 2.1 billion tokens, which means there will be no additional token minting beyond that limit. If this entire supply is circulated at the current price, the fully diluted value of these tokens could be as much as IDR 9.15 trillion.

The concept of fully diluted valuation is important to understand as it gives an idea of the maximum potential value of the token in the future. It is also relevant in gauging how much the market expects from the project behind MERL.

4. Trading Volume of IDR3.02 Trillion: One of the Highest of the Day

The trading volume of MERL tokens in the last 24 hours reached Rp3.02 trillion, making it one of the highest liquidity tokens today. This high volume reflects high interest from both retail and institutional investors.

High volume is usually an indicator of large activity such as institutional buying or heightened community sentiment. However, investors are still advised to be mindful of the risks that come with this volatility.

5. No Total Value Locked (TVL) yet, what does it mean?

Data from CoinGecko shows that currently the Total Value Locked (TVL) of the MERL token is still at Rp0. This could mean that this project does not yet have a DeFi ecosystem or active staking that locks in assets.

TVL is an important indicator in assessing how much user funds are “locked” in the project ecosystem, whether in the form of staking, liquidity pools, or lending. The absence of TVL can be a signal that the project is still in the development stage or has not yet enabled advanced blockchain-based features.

Also Read: Uniswap Price Prediction 2025-2031: Will UNI Remain Stable?

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• CoinGecko through the Door. MERL Token Market Price. Accessed September 22, 2025.