$NIGHT received airdrop but it plummeted!
Brothers, today, March 25, 2026, the NIGHT rewards have officially been distributed!
The total reward for this round is 120M NIGHT, accounting for 25% of the total quarterly reward of 480M, which has been credited to qualifying accounts today.
I also received the airdrop, and since I still had coins in my wallet, I sold the rewards for over 60 USD, around 400 RMB!
Real-time data:
Current price: around 0.045 USD
24h change: mainly fluctuating, short-term profit-taking
24h trading volume: maintaining a high level
Market cap: approximately 750 million USD
Circulation: about 1.661 billion, total supply fixed at 24 billion
@MidnightNetwork Today's key points in market trends: The distribution of rewards is a positive factor but also brings some selling pressure—causing the price to drop from the previous rebound high point to around 0.045.
However, the trading volume has not significantly shrunk, indicating that the selling pressure mainly comes from short-term profit-takers rather than panic selling. After the Super Earn event ends, the remaining funds will automatically be transferred to a principal-protected flexible product, and users can redeem at any time; this portion of locked liquidity will still provide support in the short term.
Fund behavior analysis:
#night After the rewards were credited, some users selling for cash is normal behavior.
However, large holders and long-term investors are still seeing net inflows, and with the mainnet set to launch at the end of this month and the expansion of ShieldUSD privacy stablecoin institutional nodes, the overall fundamentals remain unchanged.
The DUST generation mechanism is still running, and users holding NIGHT continue to enjoy privacy fuel rewards; this long-term demand will not disappear due to short-term distributions.
Short-term expectations:
Selling pressure might continue for 1-2 days during the initial distribution, fluctuating for digestion.
Once the selling pressure is released, under the catalyst of the mainnet news, it could quickly rebound to 0.048-0.050.
If the overall market cooperates, resistance levels at 0.052-0.055 may be tested.
Suggestions:
For those who have already received rewards: you can take profits based on personal circumstances, and continue holding the remaining positions to earn DUST.
For friends who haven't joined yet: around 0.045 is still a good low buy window, accumulating funds in batches of 5-10%, while keeping the main funds to wait for the mainnet's dividends.
Risk control: Don't all-in on distribution emotions.
The distribution of rewards is a normal release of project ecosystem liquidity, not a negative signal. The total quarterly reward of 480M is still in subsequent batches, and only after the mainnet is launched and real adoption drives it will it truly kick off.
Did you receive rewards today, or are you continuing to accumulate at a low price?
Report your plan in the comments section.