Nillion token fell over 60% today, the team stated that the treasury is secure and the network is operating normally

According to Binance market data, the Nillion token (NIL) has experienced significant volatility, with its price dropping from a high of $0.23 yesterday to a low of $0.084 in the past 24 hours, a decline of over 63%. It has currently rebounded to $0.112, narrowing the decline to 49.8%.

The official statement indicates that there has been no movement of team and treasury tokens, and all Nillion wallets are completely secure. The network is operating normally and has not been affected. The team is currently investigating the price fluctuations caused by external variables and will announce the results of the investigation as soon as possible.