What is the total amount of Merlin tokens? Introduction to the total amount of MERL coins issued

MERL coin is the native token of Merlin Chain, also known as Merlin token. It has functions such as governance and staking as network fees. Merlin Chain is Bitcoin Layer 2, which has EVM compatibility to provide advanced applications of Bitcoin’s native assets. , designed to increase transaction speed, minimize gas fees, and improve scalability. As an investor, it is not enough to just understand the technical background of the project. You also need to understand the issuance amount. So what is the total amount of Merlin tokens? According to official data, the total number of Merlin tokens MERL coins is 2,100,000,000. The editor below will introduce to you the total amount of MERL coins issued.

What is the total amount of Merlin tokens?

According to official data, the total number of Merlin token MERL coins is 2,100,000,000. Merlin token MERL coins are replication tokens in the Merlin chain ecosystem and have functions such as governance, staking, payment of network fees, and delegation. Play a fundamental role in the governance, security and overall ecosystem development of Merlin Chain.

Merlin Chain is a local Bitcoin Layer 2, committed to empowering Bitcoin’s local assets, protocols and products on Layer 1 through its Layer 2 network to recreate the fun of Bitcoin. Merlin Chain integrates the ZK-Rollup network, the decentralized oracle network and the on-chain BTC cheating proof module.

Merlin Chain has locked more than $3.5 billion in TVL within 30 days after the mainnet went online. BitmapTech, the team behind Merlin, is a first-class OG team with a total market value of more than $500 million. Bitmap Tech’s BRC-420 “Blue Box” series has become one of the hottest assets on Ordinals.

What is the highest price in history of Merlin token?

According to existing data records, the historical highest price of Merlin token MERL coin is US$1.45, which occurred on April 19, 2024; the historical lowest price is US$0.8956, which appeared on April 22, 2024.

MERL, as a BRC20 standard token, provides a variety of functions, including governance power, staking functions to enhance network security, payment of transaction fees, participation in network operations and use as liquidity and collateral within the ecosystem. MERL is a key component of Merlin Chain, designed to support the governance, security and overall ecosystem development of the network.

The introduction of MERL tokens provides Merlin Chain with a mechanism through which community members can directly participate in the governance and development of the network, while also providing an economic incentive to promote the participation of users and developers. These features and plans demonstrate the Merlin Chain team’s commitment to building a healthy, active and decentralized ecosystem.

Merlin Chain achieves EVM compatibility mainly by embedding a complete EVM execution environment in its Layer 2 architecture. This means that in addition to processing Bitcoin-related operations, Merlin Chain can also run Ethereum bytecode and execute the exact same smart contracts as Ethereum.

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