NIL Surges 239% as Ethereum Mainnet Launch Nears
- —NIL rose 43.2% in 24 hours to $0.1465
- —The token gained 239% over the past week
- —Trading volume reached $189 million, open interest hit $59.9 million
- —NIL's market cap stands at about $73.6 million
Why it matters: The Covenants launch on Ethereum could add a fundamental catalyst, but rising open interest increases liquidation risk.
Source: Coin Edition