Daily Crypto Update-NULS Rises 14.25% in 24 Hours!
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Daily Crypto Update-NULS Rises 14.25% in 24 Hours!

Nuls (NULS) has risen 14.25 percent in the last 24 hours. The cryptocurrency saw a low of 3.70 USD yesterday, May 30 and is now being traded at 4.20 USD.

What is NULS?

NULS is a global blockchain open-source project which is a highly customizable modular blockchain infrastructure; it consists of a microkernel and functional modules. It provides smart contract, multi-chain mechanism and cross-chain consensus. It aims to break the technical barriers of blockchain, to reduce the cost of development, and to promote the usage of blockchain technology in the commercial field.

Currently, the blockchain sector is struggling with making blockchain technologies flexible and convenient. At NULS, our mission is to build a customizable universal public blockchain infrastructure. Building a customizable infrastructure, our goal is to be helping enterprises improve credibility by deploying their own decentralized applications in the blockchain.

All the modules of NULS are pluggable and replaceable within the blockchain which permits flexibility. This includes networking, consensus, storage, and algorithmic modules. It can be arranged as a private or public chain enabling companies the opportunity to replace these built-in modules with suitable applications. Technology advances very quickly. So, as mentioned before, the modularization feature ensures that all modules are replaceable by the user’s favored implementation.

Reasons for the Rise

One of the major reasons for the rise of this cryptocurrency could be that NULS are ready to fire ahead with the next development phase of TestNet from tomorrow. We are launching a new wallet client (version number: 0.9.8), on June 1, 2018 11:00 (Singapore time). This signals the start of public test-net round two.

Other Major Gainers

The top ten cryptocurrencies that have gained considerably in the crypto market in the last 24 hours apart from NULS  are:

Huobi Token (HT) has gained 12.63 percent, and Binance Coin (BNB) has gained 12.13 percent.

IOTA (MIOTA) has gained 10.02 percent, and Golem (GNT) has gained 9.81 percent.

Cardano (ADA) has gained 9.76 percent while Ethos (ETHOS) has gained 9.64 percent

All Sports (SOC) has gained 8.01 percent, and GAS (GAS) has gained 7.79 percent.

RChain (RHOC) has gained 7.64 percent. and the last cryptocurrency which made its way into the list of gainers is Wanchain (WAN) with 7.10 percent.

 

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Madhuri Arora
A passionate writer and an avid reader. I love watching action and superhero movies. Love food, music, travel and games.