Citing Bitjie, Merlin Chain's native token MERL surged over 50% in a week following a major network upgrade on November 7 aimed at improving scalability and removing performance bottlenecks. The update enhanced ZK-Rollup efficiency, while the August Sui integration expanded Bitcoin DeFi use cases via the M-BTC bridge. MERL has been steadily rising since June, with a key upward breakout in September confirming the end of a prior correction. The token is now approaching the 0.45 USD resistance level, with potential for further gains to 0.50 or 0.65 USD if the breakout holds. Meanwhile, traders are also eyeing Maxi Doge as a potential December breakout candidate due to its strong early momentum, solid tokenomics, and growing community support.
Merlin Crypto Surges 50% in a Week Amid Network Upgrade and Market Breakout
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