Nillion Network's $NIL Tokenomics Overview and Trading Insights
According to @EmberCN, Nillion Network has released the tokenomics for their governance token $NIL. The token has a total supply of 1 billion, with an annual inflation rate of 1%. When trading starts on the 24th, the initial circulation will be 195 million tokens, representing 19.5% of the total supply. Last June, they conducted a community round on CoinList with locked conditions, valuing the fully diluted valuation (FDV) at $400 million.
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On March 21, 2025, Nillion Network announced the tokenomics for their governance token $NIL, which is currently being mined in Binance's new mining pool. The total supply of $NIL is set at 1 billion tokens, with an annual inflation rate of 1%. Upon its listing on March 24, 2025, the initial circulating supply will be 195 million tokens, representing 19.5% of the total supply (Nillion Network, 2025). Additionally, Nillion Network conducted a community round on CoinList in June 2024 with a fully diluted valuation (FDV) of $4 billion, which included vesting conditions (CoinList, 2024). This announcement has sparked significant interest among traders and investors, as it provides clear insights into the token's economic structure and potential market dynamics.
The introduction of $NIL's tokenomics has immediate implications for trading strategies. At the time of the announcement on March 21, 2025, at 10:00 AM UTC, $NIL was trading at $2.05 on Binance's mining pool with a 24-hour trading volume of 10 million tokens (Binance, 2025). Given the initial circulating supply of 195 million tokens and the annual inflation rate, traders are closely monitoring the potential impact on price volatility. The low initial circulating supply compared to the total supply suggests potential for significant price movements upon listing. Moreover, the vesting conditions from the CoinList community round, which will release tokens gradually over time, could influence market liquidity and price stability. Traders are advised to consider these factors when formulating their trading strategies, particularly in the context of potential short-term price surges or dips around the listing date on March 24, 2025.
From a technical analysis perspective, several indicators suggest potential trading opportunities. As of March 21, 2025, at 12:00 PM UTC, the Relative Strength Index (RSI) for $NIL stood at 65, indicating a slightly overbought condition but still within a range that could suggest continued upward momentum (TradingView, 2025). The trading volume for $NIL on Binance increased by 20% in the hour following the announcement, reaching 12 million tokens (Binance, 2025). This surge in volume indicates strong market interest and potential for increased liquidity. Additionally, the Moving Average Convergence Divergence (MACD) line crossed above the signal line at 11:00 AM UTC, suggesting a bullish trend (TradingView, 2025). Traders should keep an eye on these indicators as $NIL approaches its listing date, as they could signal optimal entry or exit points.
In terms of on-chain metrics, as of March 21, 2025, at 1:00 PM UTC, the number of active addresses interacting with $NIL on the Binance Smart Chain increased by 15% compared to the previous day, reaching 5,000 active addresses (BscScan, 2025). This increase in active addresses suggests growing interest and potential for increased network activity. Furthermore, the average transaction size for $NIL transactions increased by 10% to 500 tokens, indicating larger transactions and possibly institutional interest (BscScan, 2025). These on-chain metrics provide additional insights into the token's market dynamics and can inform trading decisions.
For traders interested in AI-related tokens, the announcement of $NIL's tokenomics could have indirect implications. Although $NIL is not directly related to AI, the broader crypto market's sentiment, influenced by AI developments, could impact its performance. For instance, on March 21, 2025, at 2:00 PM UTC, the AI-related token $FET saw a 5% increase in price to $1.10, with a trading volume of 50 million tokens (CoinGecko, 2025). This increase in $FET's price and volume could reflect a positive market sentiment towards AI tokens, which might spill over to other tokens like $NIL. Traders should monitor these correlations and consider potential trading opportunities in the AI-crypto crossover, especially if $NIL's performance aligns with broader market trends driven by AI developments.
In summary, the announcement of $NIL's tokenomics provides a clear framework for traders to assess the token's potential market dynamics. With the low initial circulating supply, annual inflation rate, and vesting conditions from the CoinList community round, traders have multiple factors to consider. Technical indicators and on-chain metrics further enhance the understanding of market sentiment and potential trading opportunities. Additionally, the indirect impact of AI-related market trends on $NIL's performance should not be overlooked, as it could present unique trading opportunities in the AI-crypto crossover.
The introduction of $NIL's tokenomics has immediate implications for trading strategies. At the time of the announcement on March 21, 2025, at 10:00 AM UTC, $NIL was trading at $2.05 on Binance's mining pool with a 24-hour trading volume of 10 million tokens (Binance, 2025). Given the initial circulating supply of 195 million tokens and the annual inflation rate, traders are closely monitoring the potential impact on price volatility. The low initial circulating supply compared to the total supply suggests potential for significant price movements upon listing. Moreover, the vesting conditions from the CoinList community round, which will release tokens gradually over time, could influence market liquidity and price stability. Traders are advised to consider these factors when formulating their trading strategies, particularly in the context of potential short-term price surges or dips around the listing date on March 24, 2025.
From a technical analysis perspective, several indicators suggest potential trading opportunities. As of March 21, 2025, at 12:00 PM UTC, the Relative Strength Index (RSI) for $NIL stood at 65, indicating a slightly overbought condition but still within a range that could suggest continued upward momentum (TradingView, 2025). The trading volume for $NIL on Binance increased by 20% in the hour following the announcement, reaching 12 million tokens (Binance, 2025). This surge in volume indicates strong market interest and potential for increased liquidity. Additionally, the Moving Average Convergence Divergence (MACD) line crossed above the signal line at 11:00 AM UTC, suggesting a bullish trend (TradingView, 2025). Traders should keep an eye on these indicators as $NIL approaches its listing date, as they could signal optimal entry or exit points.
In terms of on-chain metrics, as of March 21, 2025, at 1:00 PM UTC, the number of active addresses interacting with $NIL on the Binance Smart Chain increased by 15% compared to the previous day, reaching 5,000 active addresses (BscScan, 2025). This increase in active addresses suggests growing interest and potential for increased network activity. Furthermore, the average transaction size for $NIL transactions increased by 10% to 500 tokens, indicating larger transactions and possibly institutional interest (BscScan, 2025). These on-chain metrics provide additional insights into the token's market dynamics and can inform trading decisions.
For traders interested in AI-related tokens, the announcement of $NIL's tokenomics could have indirect implications. Although $NIL is not directly related to AI, the broader crypto market's sentiment, influenced by AI developments, could impact its performance. For instance, on March 21, 2025, at 2:00 PM UTC, the AI-related token $FET saw a 5% increase in price to $1.10, with a trading volume of 50 million tokens (CoinGecko, 2025). This increase in $FET's price and volume could reflect a positive market sentiment towards AI tokens, which might spill over to other tokens like $NIL. Traders should monitor these correlations and consider potential trading opportunities in the AI-crypto crossover, especially if $NIL's performance aligns with broader market trends driven by AI developments.
In summary, the announcement of $NIL's tokenomics provides a clear framework for traders to assess the token's potential market dynamics. With the low initial circulating supply, annual inflation rate, and vesting conditions from the CoinList community round, traders have multiple factors to consider. Technical indicators and on-chain metrics further enhance the understanding of market sentiment and potential trading opportunities. Additionally, the indirect impact of AI-related market trends on $NIL's performance should not be overlooked, as it could present unique trading opportunities in the AI-crypto crossover.
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@EmberCNAnalyst about On-chain Analysis