🚨 $NIL just landed on Binance, and the trading crowd showed up fast
$NIL isn't a new coin. It's been trading for about 581 days, and 7 other places already list it. What's new is that it's now available on Binance, so a fresh pool of buyers can finally get in.
That's what the volume looks like. About $22M changed hands in the last 24 hours, with the price at $0.0955 and up roughly 3.6% on the day. For comparison, the other 7 places combined moved around $16M in the same stretch, so this one listing is bringing in more trading than all of them together.
That kind of burst is common after a listing. Attention piles in on day one, then usually fades once the novelty wears off. A 3.6% gain is gentle for a day like this, which suggests it's more curiosity than a frenzy.
The thing to watch is whether the volume holds up over the next few days, or drifts back toward what the other venues were already doing. If it holds, the new buyers are sticking around.
$NIL
$NIL isn't a new coin. It's been trading for about 581 days, and 7 other places already list it. What's new is that it's now available on Binance, so a fresh pool of buyers can finally get in.
That's what the volume looks like. About $22M changed hands in the last 24 hours, with the price at $0.0955 and up roughly 3.6% on the day. For comparison, the other 7 places combined moved around $16M in the same stretch, so this one listing is bringing in more trading than all of them together.
That kind of burst is common after a listing. Attention piles in on day one, then usually fades once the novelty wears off. A 3.6% gain is gentle for a day like this, which suggests it's more curiosity than a frenzy.
The thing to watch is whether the volume holds up over the next few days, or drifts back toward what the other venues were already doing. If it holds, the new buyers are sticking around.
$NIL