Nillion's NIL token has been on a steady decline since its launch. As of April 2, 2025, it's trading at about $0.47, down over 10% in the last 24 hours and nearly 21% in the past week. Since its debut at $1.15 on March 24, the token has lost more than half its value.
Despite being listed on major exchanges like Binance and Bithumb, NIL's market cap dropped 12% within the first day. Nillion’s technology, which allows computations on encrypted data without decryption, has strong potential in AI and data privacy, but the token’s price hasn’t reflected that promise yet.
The ongoing drop could be due to market conditions, investor sentiment, or early investors cashing out. While some analysts see long-term potential for NIL, cryptocurrency prices are highly volatile. Anyone considering an investment should do thorough research and be prepared for the risks.
