Nillion (NIL) Jumps 26% After Upbit Announces KRW Market Listing
Minseung Kang
Summary
- Nillion (NIL) surged in the short term after news of its listing on Upbit's KRW market.
- NIL briefly climbed to 0.13968 USDT, posting a gain of more than 26% in 15 minutes.
- NIL is used for staking and rewards for network validator nodes, as well as for paying service fees.
Forecast Trend Report by Period
Nillion (NIL) surged in short-term trading after Upbit announced it would add the token to its KRW market.
Odaily, a digital-asset media outlet, reported on October 27 that NIL briefly climbed to 0.13968 USDT, gaining more than 26% in 15 minutes. It later pared some of those gains and traded at about 0.12 USDT.
Earlier that day, Upbit said it would add NIL to its KRW market.
Nillion is a privacy computing project that supports storage, computation and artificial intelligence tasks without exposing data. NIL is used for staking and rewards for network validator nodes, as well as to pay service fees.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.