Massive Airdrop Selling and Oversupply Drive 89% Crash for Midnight Network’s NIGHT Token
The NIGHT token, the governance asset for Cardano’s privacy-focused sidechain Midnight Network, has experienced a dramatic price collapse since its recent launch. The token has fallen nearly 90% from its initial trading price, currently hovering around the $0.050 mark. The sharp drop is attributed to a confluence of immediate market pressures and structural factors: Key … Read more