NULS is an open-source blockchain project that provides customizable services to its users. The platform aims to simplify and make blockchain development more efficient and allows developers to deploy advanced technologies.
NULS uses the microservice-layer design which allows developers to quickly create modules for anything. The NULS tokens are used to set up nodes, create tokens, vote, and stake within and outside the NULS blockchain.
This piece serves as your comprehensive manual to the NULS blockchain network and its governance token, by the same name.
I will delve into the platform’s primary characteristics and the financial aspects of the token. As we get to the conclusion, you can find the information on how to purchase this token, should you be interested. Without further delay, let’s dive in.
NULS (NULS) Key Features
- Modularity: NULS offers micro-services, in turn achieving a highly modular underlying architecture. This design allows developers to quickly develop modules.
- Customizability: NULS simplifies blockchain development by providing customizable services.
- Cross-Chain Interoperability: NULS features cross-chain technology, which allows the users to interact with other blockchains.
- Smart Contracts: NULS uses smart contracts, which are self-executing programs with hard-coded terms of agreement.
- Proof of Credit (PoC) Mechanism: NULS uses the PoC consensus mechanism, which is a combination of Delegated Proof of Stake (dPoS) and credit rating.
- Staking and Earning: Users can stake NULS on projects on the NULS platform and also on other blockchains, thanks to cross-platform support.
NULS (NULS) Tokenomics
The total supply of NULS is 126,494,670 tokens, out of which the circulating supply is 105,801,113 NULS. The maximum supply of the token is capped at 210 million.
NULS (NULS) Past Performance
After its launch in November 2017, NULS immediately entered a bull run, hitting an all-time high of $8.54. However, it was followed by a sharp correction and the token did not fare well since.
But this has changed in March 2024, thanks to the ongoing crypto bull run.
At the time of writing, NULS is trading at $0.8662, down 9.52 from yesterday. The market capitalization is around $90 million. The 24-hour trading volume is at $176 million, also down by 2.32%.
NULS (NULS) Price Forecast
Technical indicators suggest that the current market sentiment is bullish while the fear & greed index is at 75, indicating greed.
Nuls token has recorded 18 (60%) out of the past 30 days in the green region with a significantly high 30.44% price volatility. Based on prevailing sentiments, now is a good time to buy Nuls.
2024: Based on technical indicators, Nuls’ price is expected to go up by 14.53% and hit $1.0301 by the end of this month.
2025: Our expert price prediction for 2025 is between $0.5561 on the lower end and $1.2880 on the high end. Compared to today’s price, NULS could gain as high as 46.64% in a year.
2030: Going into 2030, NULS price is expected to be in the range of $0.1497 and $0.9247. Compared to today’s price, this will be a return of 5.92% even if the hits its upper price target.
Where To Buy NULS (NULS)?
You can find good liquidity for buying NULS at the following exchanges.
- Binance
- OKX
- Gate.io
- BingX
- Tokocrypto
- CoinDCX
- Bitmart
- Nominex
- MEXC
How To Buy NULS (NULS)?
This is how you can buy NULS from OKX.
- Visit the OKX website and create a new account by entering your basic details and completing the KYC.
- Now, add funds to the OKX wallet with US dollars, BTC, ETH, or Tether.
- Navigate to the trading section and search NULS/USDT.
- Pick ‘limit order’ and enter the number of NULS tokens you want to buy.
- Click ‘buy’ followed by ‘confirm’.
- Your NULS tokens will now be reflected in your OKX wallet.
- For additional security, you can move them to a non-custodial wallet.
Conclusion
NULS is a modular development platform that supports smart contracts. Thanks to its usability, customizability, and cross-chain support, the platform is attracting users in large numbers. The platform’s native token by the same name, has a lukewarm track record on the trading screen.
However, thanks to the upcoming Bitcoin halving event, the token is finally gaining its long-lost momentum.
It’s essential to understand that investing in cryptocurrencies is not for everyone. We recommend carrying out comprehensive independent research before contemplating this or any other investment. Additionally, cryptocurrencies are notorious for their excessive volatility and susceptibility to market risks.
We strongly urge you to proceed with caution and steer clear of speculative assets, whether they’re cryptocurrencies or anything else.
