Project Merlin (MRLN) has emerged as an integrated Web3 ecosystem since its inception, aiming to unite blockchain entrepreneurs, investors, and communities. As of 2025, MRLN's market capitalization stands at $302,400, with a circulating supply of approximately 96,000,000 tokens, and a price hovering around $0.00315. This asset, dubbed the "Web3 Innovation Catalyst," is playing an increasingly crucial role in fostering blockchain entrepreneurship and sustainable growth.
This article will comprehensively analyze MRLN's price trends from 2025 to 2030, combining historical patterns, market supply and demand, ecosystem development, and macroeconomic factors to provide investors with professional price predictions and practical investment strategies.
As of November 28, 2025, MRLN is trading at $0.00315, showing a 24-hour decrease of 6.67%. The token has seen substantial declines across various timeframes, with a 26.95% drop over the past week and a staggering 68.99% decrease in the last 30 days. The current price represents a 94.029% decline from its all-time high, indicating a severe bear market for MRLN.
The token's market capitalization stands at $302,400, with a circulating supply of 96,000,000 MRLN out of a total supply of 800,000,000. The fully diluted valuation is $2,520,000, and the market dominance is minimal at 0.000076%. The 24-hour trading volume is $119,364.21, suggesting relatively low liquidity in the current market.
Click to view the current MRLN market price

2025-11-27 Fear and Greed Index: 22 (Extreme Fear)
Click to view the current Fear & Greed Index
The crypto market is currently gripped by extreme fear, with the Fear and Greed Index plummeting to 22. This heightened level of anxiety suggests investors are approaching the market with caution. Historical patterns indicate that such extreme fear often precedes potential buying opportunities. However, it's crucial to conduct thorough research and consider your risk tolerance before making any investment decisions. Remember, market sentiment can shift rapidly in the volatile crypto space.

The address holdings distribution data for MRLN reveals a highly concentrated ownership structure. The top 5 addresses collectively hold 99.3% of the total MRLN supply, with a single address (0x1861...df8fe0) controlling an overwhelming 87.31% of tokens. This extreme concentration raises concerns about the token's decentralization and market stability.
Such a concentrated distribution can significantly impact market dynamics. The dominant address has the potential to exert substantial influence over MRLN's price movements and liquidity. This concentration also increases the risk of market manipulation and sudden price volatility, as large-scale transactions from the top holders could dramatically shift the supply-demand balance.
From a market structure perspective, this distribution pattern suggests a low level of decentralization for MRLN. The high concentration in a few addresses may indicate limited token circulation and adoption among a broader user base, potentially affecting the token's long-term stability and growth prospects.
Click to view the current MRLN Holdings Distribution

| Top | Address | Holding Qty | Holding (%) |
|---|---|---|---|
| 1 | 0xd971...3b670d | 4111.48K | 1.02% |
| 2 | 0xfc89...0bdec3 | 3729.42K | 0.93% |
| 3 | 0x1861...df8fe0 | 349257.35K | 87.31% |
| 4 | 0x0d07...b492fe | 34216.60K | 8.55% |
| 5 | 0xa23e...b13f1a | 5995.47K | 1.49% |
| - | Others | 2689.70K | 0.7% |
| 年份 | 预测最高价 | 预测平均价格 | 预测最低价 | 涨跌幅 |
|---|---|---|---|---|
| 2025 | 0.00369 | 0.0031 | 0.00251 | -1 |
| 2026 | 0.00472 | 0.0034 | 0.00313 | 7 |
| 2027 | 0.00569 | 0.00406 | 0.00288 | 28 |
| 2028 | 0.006 | 0.00487 | 0.00297 | 54 |
| 2029 | 0.00609 | 0.00543 | 0.00462 | 72 |
| 2030 | 0.0068 | 0.00576 | 0.00536 | 82 |
(1) Long-term Holding Strategy
(2) Active Trading Strategy
(1) Asset Allocation Principles
(2) Risk Hedging Solutions
(3) Secure Storage Solutions
Project Merlin (MRLN) presents a promising long-term value proposition as an integrated Web3 ecosystem. However, it currently faces short-term risks due to market volatility and limited adoption. The project's success depends on its ability to attract and retain users across its various platforms.
✅ Newcomers: Consider small, exploratory investments to understand the ecosystem
✅ Experienced investors: Implement a dollar-cost averaging strategy with a long-term outlook
✅ Institutional investors: Conduct thorough due diligence and consider strategic partnerships with Project Merlin
Cryptocurrency investments carry extremely high risks, and this article does not constitute investment advice. Investors should make decisions carefully based on their own risk tolerance and are advised to consult professional financial advisors. Never invest more than you can afford to lose.
Yes, Marlin Pond has a promising future. Its innovative blockchain solutions and growing ecosystem suggest potential for long-term growth and adoption in the Web3 space.
Merlin chain's price decline may be due to market volatility, reduced investor confidence, or broader crypto market trends. Specific project developments or regulatory changes could also impact its value.
Based on market trends and expert predictions, 1 pi could potentially be worth around $0.50 to $1 by 2025, depending on adoption and network growth.
It's highly unlikely for Dogelon Mars to reach $1. Given its massive supply and current market trends, a more realistic long-term target might be in the range of $0.0001 to $0.001.
Share
Content