🚀 $MERL Due to the continuous unlocking facing selling pressure expectations, on-chain major holders have transferred assets to exchanges in advance, and the short-term trend is biased bearish.
The continuous unlocking of $MERL keeps bringing new circulating chips to the market. Even if no large-scale selling has occurred yet, the expectation that "more tokens will be available" has already made buyers hesitant, and rebounds always seem weak.
It is also important to pay attention to on-chain actions: some large holders transferred $MERL to exchanges before unlocking, as if they were prepar

🚀 $MERL Due to the continuous unlocking facing selling pressure expectations, on-chain major holders have transferred assets to exchanges in advance, and the short-term trend is biased bearish.
The continuous unlocking of $MERL keeps bringing new circulating chips to the market. Even if no large-scale selling has occurred yet, the expectation that "more tokens will be available" has already made buyers hesitant, and rebounds always seem weak.
It is also important to pay attention to on-chain actions: some large holders transferred $MERL to exchanges before unlocking, as if they were prepar

Recently, the market has been boring, and I’ve listened to many AMAs. I came across an AMA with the MiniDoge team, where they mentioned that the project’s mall system is already in preparation. This made me want to discuss the long-standing challenging issue of "token consumption scenarios."
Project updates:
MiniDoge is building an ecosystem mall where users can purchase directly with MINIDOGE tokens, creating a complete "mining-holding-consumption" closed loop.
1/ Why are token consumption scenarios difficult?
Most crypto projects’ tokens end up having only one purpose: trading on the seconda