

Current circulating supply is ~132M MC out of a max supply of ~669M MC. However, the vast majority of active token holders have migrated to BEAM — only ~11.9M tokens have been unlocked per some trackers, with the full unlock schedule extending into 2026.
ATH: $11.88 ATL: $0.015,
Merit Circle operates across four verticals: Investment (primary market gaming deals), Studio (building and incubating new projects), Gaming (blockchain game distribution platform), and Infrastructure (the Beam gaming chain).
Merit Circle has merged with BEAM which currently trades about $8M of volume a day.
Historically, MC served as the governance and treasury token — holders voted on proposals (MIPs), treasury allocations, investment decisions, and ecosystem direction. Post-migration, BEAM now serves as the L1 native token on the Beam network, carrying the same utilities: gas, governance, and staking.