MEXC Lists Nillion (NIL) and Kicks off 270,000 USDT Prize Pool Event

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Mar 21 2025

Should l Buy NIL?

MEXC Exchange Listing Announcement: MEXC, a prominent cryptocurrency exchange, will list Nillion (NIL) on March 24, 2025, and is celebrating with a prize pool of 270,000 USDT for users through various events including deposit bonuses and trading challenges.
Nillion Blockchain Overview: Nillion is an innovative blockchain network focused on secure data storage and processing for AI applications, featuring tools for developers and a capped total supply of 1 billion NIL tokens that facilitate governance, staking, and transaction fees within its ecosystem.

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Technical Analysis for NIL

Technical Sentiment Analysis for Nillion (NIL). As of , Nillion (NIL) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for NIL stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, NIL is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Nillion (NIL) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0166	0.0321	0.0437	0.0592	0.0708	0.0863	0.0979
Fibonacci	0.0321	0.0424	0.0488	0.0592	0.0695	0.0759	0.0863

About NIL

Nillion is the blind computer – a private computation and storage network for AI and data. The network uses PETs (Privacy-Enhancing Technologies) to enable computation and storage on data while maintaining privacy, making possible use cases like private personalized AI, encrypted databases, and privacy-preserving applications.NIL is the native utility token of the network that is used for:Network fees for blind computation and payments across the Coordination Layer and PetnetStaking to secure the networkGovernance participation the onchain governance moduleNIL enables access to Nillion modules and services such as:nilDB: an encrypted database with data split up across multiple nodes. Calculations can still be performed on data while in encrypted form.nilAI: AI-focused privacy technologies that include AI Virtual Machine (AIVM), nada-AI, and nilTEEnilVM: VM with libraries that simplify program development for AI devs by letting them use Python and Javascript to write web3 programs.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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