Gate News Bot news, on November 25, according to CoinMarketCap data, NIL (Nillion) is currently priced at 0.11 USD, with a rise of 17.25% in the last 24 hours, peaking at 0.23 USD and dropping to a low of 0.09 USD. The current market capitalization is approximately 30.1 million USD, an increase of 4.43 million USD compared to yesterday.
Nillion is a decentralized secure computing network designed to provide decentralized trust for sensitive data, similar to how blockchain offers decentralization for transactions. The project aims to become the decentralized and private data infrastructure for the largest industries of the future, supporting applications such as personalized AI, decentralized trading, and authentication. The Nillion network consists of a processing layer, coordination layer, and connection layer, providing quantum-safe data processing and storage services through distributed nodes.
Important news about NIL recently:
1️⃣ Unauthorized sale of NIL tokens by market makers
Nillion has confirmed that market makers sold NIL tokens without authorization. In response to this incident, the Nillion Association quickly took a series of measures, including launching a buyback program, freezing related accounts and wallets, and committing to take legal action. This event may impact short-term market confidence, but the official positive response helps stabilize investor sentiment.
2️⃣ Investigation of NIL Price Abnormal Fluctuations
Nillion officially noted that there has been unusual volatility in the NIL price and publicly stated that it is investigating the external variables causing this situation. The official emphasized that there has been no transfer of team tokens or treasury tokens, and all Nillion wallets remain completely secure, with the network operating normally. This transparent communication strategy helps alleviate market concerns and may be a factor in the recent price rise.
3️⃣ NIL Token Volatility
On November 20, NIL experienced a significant decline of 49.21% within 24 hours, with a trading volume of 136 million USD and a market capitalization decrease of nearly 29.3778 million USD compared to the previous day. This intense market volatility reflects investors' uncertainty about the project's prospects, while also potentially laying the groundwork for a subsequent price rebound.
From a technical perspective, the price of NIL has rebounded after a significant decline, possibly as a correction to the previously oversold condition in the market. At the same time, the project's proactive measures to address unusual situations may have restored investor confidence to some extent, driving the short-term price rise.
This message is not intended as investment advice, and investors should be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin rose 8.55% this week, potentially marking the largest single-week gain since September 2025
Gate News reported on March 15 that according to Coinglass data, Bitcoin's weekly return rate is currently at 8.55%, with a historical average return rate of -1.03%. Despite the escalating Iran-Israel conflict and prevailing risk-averse sentiment in the market, Bitcoin is poised to record its largest single-week gain since September 2025. During the same period, the S&P 500 index (the benchmark index for the U.S. stock market) declined by 1.60%, with BTC's performance significantly outperforming the U.S. stock market.
GateNews5m ago
AI Predicts Where ADA Price Is Headed Next After Cardano’s Technical Flip
Something just changed on Cardano’s 4-hour chart. The ADA price climbed 1.61% in the last few hours, closing at $0.2649. More importantly, it broke above two key moving averages, and the AI tool used by a well-known community analyst just turned positive.
Vincent van Code, a software
CaptainAltcoin19m ago
Crypto Market Update – River and DeXe Lead Gains As Political Memecoins Stir Volatility
The crypto market has continued to undergo rapid changes and temporary spurts in specific sectors than many other markets during its most recent period of consolidation. The “Gainers” chart on CoinMarketCap is often reviewed for trends that correlate with major cryptocurrency assets like Bitcoin and
BlockChainReporter1h ago
Whales holding between 10 and 10,000 BTC increased their holdings, accounting for 68.17% of the total supply.
Santiment report shows that investors holding 10 to 10,000 bitcoins have increased, now controlling 68.17% of the supply. Bitcoin is performing strongly relative to the S&P 500, showing signs of a positive reversal. The S&P 500 has declined 2.2%, while Bitcoin has risen 2.4%.
GateNews3h ago
