Midnight: 2 billion NIGHT redeemed as final unlock period begins
- —2 billion NIGHT redeemed, with about 2.5 billion more available until December 4, 2026
- —4.5 billion NIGHT distributed in total: 3.5 billion in Glacier Drop and 1 billion in Scavenger Mine
- —The Midnight mainnet has processed over 145,000 transactions, with 86,653 NIGHT holders
- —NIGHT trades at about $0.02034, with a market cap of $338.17 million
Why it matters: The final unlock will release up to 2.5 billion NIGHT, potentially adding selling pressure on the token's price through December.
Source: Cryptonews.net