MERL (Merlin Chain) Historical Price and Return Analysis: Should I buy MERL now?

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Summary

This article provides a comprehensive review of the historical price movements and market volatility of MERL since its inception. Combining data from bull and bear market phases, it evaluates the potential returns for investors purchasing 10 MERL tokens and answers the key question, “Should I buy MERL now?” to help both beginners and long-term investors grasp timing and growth opportunities.

Early Market Cycle: Historical Price Review (2024)

Merlin Chain is a native Bitcoin Layer 2 network developed by the team Bitmap Tech, dedicated to empowering Bitcoin native assets, protocols, and products on Layer 1 through its Layer 2 network. According to data records, the early trading price of MERL was approximately $0.3.

Below is MERL’s price performance in 2024:

2024 Year

  • Opening Price: $0.3
  • Closing Price: $0.2704
  • Highest Price: $0.652
  • Lowest Price: $0.2125
  • Annual Return: -9.87%

An investor who bought 10 MERL at the beginning of 2024 and held until the end of 2024 could have a potential profit of $0.5469.

Recent Market Cycle: Should I buy MERL now? (2025 to date)

Entering 2025, MERL experienced a significant upward trend, and the market began discussing whether a new bull phase has started.

2025 Year

  • Opening Price: $0.2188
  • Closing Price: $0.35469
  • Highest Price: $0.45225
  • Lowest Price: $0.075
  • Year-to-date Return: 62.11%

An investor who bought 10 MERL at the beginning of 2025 has a potential profit of $1.36 so far.

Summary: Bull Market, Bear Market, and Investment Timing Analysis

By analyzing MERL’s historical prices and potential returns, we see that after a correction in 2024, the asset demonstrated strong growth in 2025, with an annual return of 62.11%. This indicates that MERL has gradually moved from an early correction phase into an upward trend, providing favorable opportunities for new investors. When answering the key question, “Should I buy MERL now?” the current market environment appears relatively positive.

MERL-12,97%
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