Nillion has launched on Binance, with a circulating market cap of 150 million USD.

In fact, Nillion's project is quite high quality, attracting a lot of attention from the crypto community (CT) over the past few months.

The launch of the Nillion mainnet marks the rebirth of the privacy narrative, with more and more figures in the CT, such as Mert and Toly, now beginning to discuss privacy issues. Nillion will occupy a large and growing narrative. After years of development, Nillion is ready to lead the trend.

Objectively speaking, a circulating market cap of 150 million and a fully diluted valuation (FDV) of 750 million already belong to projects with relatively high market caps.

Compared to web2 projects, it already qualifies as a unicorn company.

However, for the "rug pull" studios, this market cap might just barely pass. I remember the ARB airdrop, which distributed over 1 billion.

As I mentioned in my previous writings, the secondary market situation is changing, and the rug pull field will definitely change as well.

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