Team Answers Why Nillion Price Crash: $NIL Token Price Prediction

Nillion Price Crash on Unauthorized Selling: Will $NIL Token Recover?

Today the crypto market experienced a sudden Nillion Price Crash. Within minutes, the $NIL token fell almost 40%, leaving traders confused and worried. 

Charts turned red instantly, and the drop happened so fast that many thought it was a technical glitch. But later, As per the official Wu Blockchain X post, the team explained the real reason — an unauthorized large-scale sell-off by a market maker.

This incident has now become one of the biggest discussions in the community, especially among people following Nillion news today. Let’s find out the major reasons behind the crash, and where will the price go next. 

What Happened During the Sudden Nillion Price Crash?

As per the official announcement from the asset’s team, the sharp fall was not a normal market movement. It was caused because:

• A market maker sold these tokens at a very large scale without permission

• The person behind the sale did not reply to the team during or after the dump

• The huge selling pressure wiped out liquidity within seconds, causing a free-fall

• The price crashed from $0.20–$0.22 all the way to $0.11 today

This selling is one of the biggest $NIL token price crash reasons. It created a massive red candle on the chart, which is exactly the kind of pattern that shows forced or unauthorized selling, not regular investor action.

Team Responds: Buyback + Account Freeze + Legal Steps

After the sudden Nillion price crash, the asset’official statement explained everything clearly. They said:

“If you were surprised by yesterday’s price action, you’re not alone. The sell-off was executed without authorization by a market maker who then refused all communication.”

“This type of behavior unfortunately happens in crypto. But we will not simply give you ‘nice words of hope.’ We are taking immediate action.”

According to their announcement:

• The Association used treasury funds to buy back the dumped tokens

• All accounts and wallets linked to this incident were frozen with help of exchanges

• The team is taking strict legal action

• They also confirmed no team or treasury tokens were moved

This helped calm the community and boosted trust again among people. But what investors are now asking is, does this affect Nillion token price prediction or everything remains the same?

$NIL Price Analysis: Technical Chart Reading

After the unauthorized dump, things slowly started improving. At the time of writing it is trading at $0.1193, reflecting a decrease of around 40% in the last 24 hours.

However, yesterday’s scenario was slightly different, as soon the wallet sold massively, the asset fell from $0.24 to $0.08 hitting an all time low. 

• As per TradingView price chart, right now, RSI has been recovered from oversold 31 to above 40, showing buying interest/

• MACD started curving upward, signaling better momentum

• A new support zone formed between $0.11–$0.12

This simply means, the asset has started stabilizing after the sudden bloodbath.

2025 and Beyond Price Prediction: Will Nillion Recover?

1. Short-Term: It may trade between $0.10 – $0.13. If buying increases, it can touch $0.14, but volatility will stay high.

2. Mid-Term: If momentum stays positive, Nillion price prediction can target a recovery zone between $0.15 – $0.18, but if pressure returns, it may retest $0.095 – $0.10.

3. Long-Term: If development continues and exchange support remains strong, it could reach $0.25 – $0.40 in the next bull run. This aligns with long-term price prediction trends.

Conclusion

The Nillion Price Crash was sudden and intense, but it was not caused by market fear, it was caused by unauthorized actions.  The team acted quickly by doing buybacks, freezing accounts, and starting legal action. This strong response helped the price recover and restored some trust.

This article cleary explains why Nillion token price is dropping today and what will be its next target, so traders should keep an eye on its support level, to confirm a bullish or bearish trend.

Disclaimer: This article is only for education, and should not be considered as any investment advice. Always DYOR before making any financial decision in the cryptocurrency marketplace.