
币圈老司机|Sep 29, 2025 08:11
Haven’t checked out the BTC ecosystem in a while, why has MERL pumped so much?
From a low of 0.06, now it’s at 0.3—5x gain??????
Just saw Lookonchain’s monitoring data, MERL’s on-chain staking volume has reached 232 million tokens, accounting for 23.7% of circulating supply, roughly $71.5M.
Currently, centralized exchanges only have 91.84M MERL, worth $28.3M.
Feels like this circulating supply is as easy to pump as M.
No idea when my M will break even, been stuck for a month now.
One more thing, MERL has been actively promoting in Korea lately—are they aiming to get listed on UPbit?
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