Nukkleus Inc (OTCMKTS:NUKK) Stock Pulls Back After The Monster Rally This Month

Nukkleus Inc (OTCMKTS:NUKK) stock was under pressure in the previous trading session as investors booked profit at higher level. The stock has soared 1100% over the past month.

Market Action

On Thursday, NUKK closed down by 15% to $1.81. More than 287K shares have exchanged hands, well above its average volume of 196k shares. The stock opened at $2.12 and moved in a range of $1.7500 – 2.2500.

Sept. 20, 2021 – Polygon and Nukkleus to support Bollant Industries to revolutionize the recycling of municipal waste in India using blockchain

Here are the highlights:

Crypto payments specialist Nukkleus Inc (OTC: NUKK), will work in collaboration with Polygon and Grassroots Economics to deliver a Blockchain community grant to Bollant Industries in Hyderabad, India. The grant will support the development of a blockchain solution to improve the waste management supply chain.

Nukkleus is a digital asset business with multi-asset technology dedicated to driving sustainable ESG initiatives that also deliver ongoing profitability. Nukkleus is bringing together the thought leaders from the crypto landscape to back blockchain projects that will support fully democratized payment systems, empowering communities and reducing the digital divide.

Bollant Industries manufacture biodegradable products, packaging solutions, and eco-friendly paper. They supply materials such as adhesives, home-care products, printing inks and organic cutlery-ware. Founded by Srikanth Bolla, born visually impaired, Bollant has built success through sustainability initiatives and now employs nearly 200 differently-abled people within local communities.

Key Quote:

Erin Grover, Head of Emerging Markets at Digital RFQ Limited (part of Nukkleus Inc) commented: “Polygon will be providing a grant to Bollant Industries. This generous act is a refreshing reminder of the blockchain philosophy of financial inclusion. We look forward to many more industry leaders following in their footsteps as we develop a global network of democratized payment solutions for communities that are ready to adopt crypto.”