NULS
NULS is also called Nashi Chain in Chinese. It is an old blockchain project that started in 2017.
It is a Chinese team, and the founder has run away.
It received financing from DWF and Bitmain in the early years. After it went online, it fell all the way, and all investors were killed.
From the launch of the mainnet on July 11, 2018 to now, there is nothing, the TVL is only $5 million, and the ecosystem has made a simple swap and pledge.
Recently, it is working on an oracle, and it needs to use BTC and ETH as gas.
Yesterday's surge was due to the launch of Binance's contract.
The current market value is $54 million, which is not worth investing in. Don't take over this kind of stock.
