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Nillion Launches Phased Buyback Program to Counter Unauthorized Token Sale

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NIL
$0.063-17.86%
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BTC
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Nillion has launched a phased buyback program to address an unauthorized NIL token sale by a third-party market maker. The Nillion Foundation will use treasury funds to absorb excess tokens and stabilize the market. The initiative aims to reduce selling pressure, support token price, and rebuild market confidence. Phased execution will allow the team to assess market response and limit volatility. Altcoins to watch may include NIL as the buyback could influence short-term sentiment.
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