Share this article
NU Rallies 44% on Binance Listing While Bitcoin, Ether Fall on Musk Tweet
NU is one of the few coins that has shown positive gains in the past day.
Updated Sep 14, 2021, 1:06 p.m. Published Jun 4, 2021, 6:42 p.m.
NU, the native utility token of NuCypher, shot up by 44% over the past 24 hours following its listing on the Binance cryptocurrency exchange.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Binance Research tweeted it would be listing the cryptocurrency as of Friday. Following the announcement, the coin reached a 24-hour high of $0.51, a one-day gain of 37.60%.
At a time when many cryptocurrencies are lower, NU is one of the few coins showing positive gains in the past day.
The top two cryptocurrencies by market capitalization, bitcoin and ether, were lower Friday after Tesla CEO Elon Musk tweeted a breakup meme with “#Bitcoin” and a broken heart emoji.
#Bitcoin 💔 pic.twitter.com/lNnEfMdtJf
— Name (@elonmusk) June 4, 2021
According to the Binance press release, NuCypher enables public networks and dapps to access a data encryption and protection layer without having to rely on a central service provider.
Its CoinMarketCap ranking is #135 and the coin has a live market capitalization of $316,757,236, according to data provided by the data site, a unit of Binance since April 2020.
The coin reached its all-time high of $1.13 on Feb. 21, 2021, according to CoinMarketCap, and is trading at 0.49 cents at the time of writing.
Other altcoins on the rise today include filecoin (FIL), which reached an intraday high of $97.02 at around 4 a.m. UTC. The cryptocurrency, which has a market capitalization of $6.79 billion, is trading at around $88, up 6.76%.
Read more: Bitcoin Drops After Musk Tweets of Breakup
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Crypto Markets Today: Traders Seek Catalysts After Bitcoin’s Post-Fed Pullback
The crypto market slipped to the lower end of its range after the Federal Reserve’s 25bps rate cut failed to spark fresh momentum.
What to know:
- BTC is trading near $90,350 after defending the $88,200 support zone, but momentum remains capped below the key $94,500 resistance level.
- Implied volatility fell to its lowest since November, ETH/BTC IV spreads widened, and risk reversals stayed negative across tenors while open interest declined—most sharply in ADA.
- Low-liquidity conditions dragged tokens like ETHFI, FET, ADA and PUMP down more than 8%, while privacy-focused XMR stood out with gains as the broader altcoin season index slumped to 19/100.
Top Stories
