Today NIGHT can do two things:
1. Home -- Announcement: Participate in the new spot trading competition for NIGHT, you can join for $500, just trade over 251U, with 150,000 people shining bright; if you trade over 1000U, you can also share in the rewards of the subsequent trading competition;
2. Monthly Challenge: If you trade over $500, you can enter a lucky draw once. Remember to go to this page first before trading NIGHT, otherwise it won't count. It will refresh after 4 hours.
📉 On the day $NIGHT went live on Binance, the trading volume surged to $62.89 million — quite lively. But immediately after, the price dropped by 8-10%, now around $0.052.
This wave of operations feels familiar: many tokens hit their peak on the day of listing.
From the data:
- 7-day average trading volume is 21.74 million, 63% higher than the 30-day average
- But compared to March 11, the volume dropped by 18.8% on March 12
- Circulation rate is already 69%, short-term selling pressure is significant
- My observation is: the listing hype has passed, and the market is digesting. If the mainnet can go live smoothly by the end of March, it may be the next catalyst; wait for the market to calm down and then observe. @MidnightNetwork
#night $NIGHT
1. Home -- Announcement: Participate in the new spot trading competition for NIGHT, you can join for $500, just trade over 251U, with 150,000 people shining bright; if you trade over 1000U, you can also share in the rewards of the subsequent trading competition;
2. Monthly Challenge: If you trade over $500, you can enter a lucky draw once. Remember to go to this page first before trading NIGHT, otherwise it won't count. It will refresh after 4 hours.
📉 On the day $NIGHT went live on Binance, the trading volume surged to $62.89 million — quite lively. But immediately after, the price dropped by 8-10%, now around $0.052.
This wave of operations feels familiar: many tokens hit their peak on the day of listing.
From the data:
- 7-day average trading volume is 21.74 million, 63% higher than the 30-day average
- But compared to March 11, the volume dropped by 18.8% on March 12
- Circulation rate is already 69%, short-term selling pressure is significant
- My observation is: the listing hype has passed, and the market is digesting. If the mainnet can go live smoothly by the end of March, it may be the next catalyst; wait for the market to calm down and then observe. @MidnightNetwork
#night $NIGHT