Midnight Price Prediction: Why $NIGHT Crashed 65% & What’s Next
$NIGHT just got a brutal reality check—a 65% plunge from its peak. The market's midnight oil burned out fast.
The Unraveling
This wasn't a gentle dip. It was a full-scale rout. The token's chart now looks less like a moon mission and more like a failed elevator test.
Anatomy of a Crash
Every sell-off tells a story. This one screams of over-leveraged positions getting liquidated, hype deflating faster than a balloon at a porcupine convention, and that classic crypto cocktail of fear chasing greed out the door.
The Road Ahead
Recovery? Possible. Easy? Never. The path back requires more than just hopium and a catchy Twitter thread—it needs real buy pressure and a reason to believe the narrative isn't broken. For now, traders are left sifting through the ashes, a familiar ritual in the casino we call digital assets. Sometimes the house wins, and sometimes the house is just a bunch of anonymous wallets on a decentralized ledger.
A Brutal Start: $NIGHT Price Crash 65% After Multi-Exchange Launch
Midnight token Cardano started strong near $0.086, but extreme sell pressure quickly pushed it down. As per CoinMarketCap chart, even though the 24-hour volume jumped 20,000% to $21M, buyers could not absorb the large number of tokens entering the market.
This sudden $NIGHT Price Crash shows a classic listing dump pattern with long red candles, weak support, and thin liquidity. A major reason behind the crash was the huge 16.6 billion tokens already circulating out of a 24 billion total supply, which made price stability difficult.
What Went Wrong? 4 Midnight Listing Crash Reasons
Binance wallet official X account offered users with 230+ Alpha Points a chance to claim 600 coins. When trading started, many users immediately sold their airdropped tokens to book profits.
This $NIGHT airdrop sell off created a massive wave of early selling and contributed to asset’s meltdown.
Bitcoin and ethereum dropped around 2%, and overall market sentiment remained low. The Crypto Fear & Greed Index at 22 (fear) shows investors are avoiding new tokens.
Launching with 16.6 billion tradable tokens made it impossible for the market to hold the launch price. Most cryptocurrencies start with lower float, but this asset entered with too much supply too fast.
On cardano DEXs, some users paid extremely high amounts. One user bought 0.39 coins for 4761 ADA, showing unstable price discovery across platforms.
These four factors together explain today's price meltdown clearly.
Is a Trend Reversal Possible? Check What Analysts Think
There is still some hope for recovery. Popular ADA analyst Angry crypto Show highlighted a strong statement by Cardano founder Charles Hoskinson:
“Every 6 months we can make the Midnight privacy box better, faster and cheaper. Once trading starts, no one has any incentive to compete. It already works with ETH and SOL.”
Such Midnight token news boost long-term confidence and help rebuild investor interest.
Midnight Price Prediction: After Listing Fallout Targets
Short Term $0.028 - $0.045: Due to selling pressure and market fear, NIGHT price crash may hit downtrend towards $0.030, but small bounce attempts could push it to $0.045.
Mid Term: $0.045 – $0.065: After the airdrop chaos ends, midnight price may stabilize and slowly move toward the $0.05–$0.065 range.
Long Term: $0.10 – $0.15+: If privacy technology grows and Cardano adoption increases, NIGHT price prediction 2026 could target a move above its listing price.
Conclusion
Midnight NIGHT price crash happened mainly due to airdrop selling, weak market conditions, a large supply, and DEX mispricing. But traders should note that the fundamentals of the $ADA privacy network remain strong, and long-term growth is still possible.
Disclaimer: This article is only for informational purposes, it does not support any financial advice. Always DYOR before investing in the cryptocurrency market.
