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Midnight(NIGHT) has experienced a significant pullback but is trading explosively. Can the 1.4 billion market capitalization break into mainstream exchanges?
[Coin World] Midnight(NIGHT) has shown some interesting trends recently. It fell from a high of 0.11 USD to 0.07 USD, which seems a bit panicky, but the trading heat behind it has not cooled down at all - the trading volume has already exceeded 5 billion USD.
There is speculation in the circle about when this project will go live on a certain top exchange and a certain compliant platform. Cardano's founder Charles Hoskinson even calculated a figure: if a certain compliant platform doesn't launch NIGHT, it would almost lose $20 million in fees over a year. This number clearly indicates how optimistic the market is about this project.
The market value of NIGHT has now surpassed 1.4 billion USD. Many analysts believe that the current wave of pullback is actually quite healthy - it's just a way of building momentum for next year's development. It is said that there are plans for major moves in Japan in 2026, and from this perspective, the current adjustment is just laying the groundwork. If the subsequent listings go smoothly, this price level might just be a good entry point.