$NIL
Nillion (NIL) is the native token of the Nillion network, a decentralized privacy-focused computation and storage protocol using privacy-enhancing technologies (PETs) for encrypted data processing and AI applications.
Use cases: Network fees, staking, and governance on a protocol aimed at private AI services and encrypted computation.
Current price: Around $0.06 (USD) with regular volatility.
All-time high: ~$0.90+ (March 2025) — significantly higher than current levels, showing a large drawdown from peak.
Market info: Circulating supply ~300M NIL, total supply 1 B.
📊 Key Points
Bullish factors
Focus on privacy tech and AI, sectors with strong interest in Web3.
Token utility tied to decentralized computation and governance.
Risks
High volatility: Large swings from peak price to current trading range.
Speculative: Price is driven by trading sentiment and adoption catalysts rather than stable fundamentals.
Liquidity and market depth can vary, making entry/exit riskier
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