NIGHT (Midnight) 24-hour increase of 4.66%

Gate News Bot Message, December 18th, according to CoinMarketCap market data, as of press time, NIGHT (Midnight) is currently priced at $0.06, up 4.66% in the past 24 hours, with a high of $0.07 and a low of $0.04. The 24-hour trading volume reached $1.185 billion. The current market capitalization is approximately $1.049 billion, an increase of $46.7 million compared to yesterday.

Midnight is a fourth-generation blockchain network with rational privacy as its core design philosophy. The network aims to restore the original intention of cryptocurrencies, allowing everyone to verify authentic information while protecting personal data privacy, without having to choose between practicality and privacy.

Midnight offers three major freedoms: association freedom (supporting privacy voting, identity verification, and cross-application reputation management), commercial freedom (assets flowing on-chain without monitoring, confidential bidding, global payment anonymity), and freedom of expression (data source verification, content authenticity confirmation, official communication signing).

The network uses a TypeScript-based smart contract language called Compact, reducing the difficulty of learning cryptography, accelerating development cycles, and increasing the opportunity for millions of developers worldwide to adopt the network. It transforms cutting-edge privacy technology into standard engineering resources.

Important recent news about NIGHT:

1️⃣ Gate Global Launch and Ecosystem Empowerment Build Price Support
NIGHT was officially launched on Gate on December 9th, with spot trading opening. On the first day, trading volume exceeded $320 million, and the total market cap quickly surpassed $1.2 billion, with nearly 200% increase within 24 hours. The 344th Launchpool cycle runs from December 9th to December 23rd, where users can stake ETH, GUSD, or NIGHT to share 1.25 million tokens. Additionally, Gate’s Earn platform launched a 180-day fixed-term financial product for NIGHT with an annual yield of 50% and a total quota of 10 million tokens. The instant exchange platform supports NIGHT and over 2200 other cryptocurrencies for one-click swaps. The liquidity support from the initial exchange and multi-dimensional ecosystem services strengthen investor confidence in the project’s long-term value, creating sustained market attraction.

2️⃣ Rising Popularity in Privacy Sector Provides Macro Narrative Support
The privacy coin narrative has rapidly heated up since October. Under regulatory backgrounds such as the EU’s plan to ban privacy coin listings on exchanges starting in 2027 and the controversy over the “Chat Control Act,” the demand for decentralized privacy infrastructure has expanded quickly. Over the past two months, Zcash experienced a tenfold surge against regulatory pressure, and privacy coins like Dash, Monero, Railgun, and Decred had a combined trading volume approaching $3 billion. As a privacy-first L1 blockchain within the Cardano ecosystem utilizing zero-knowledge proof technology, NIGHT is at a critical point as market sentiment shifts. The overall heat in the privacy sector provides ample macro narrative support, driving capital allocation from simple anonymity tools toward more advanced privacy network architectures.

3️⃣ Market Hotness Rankings Continue to Reflect Broad Investor Participation
NIGHT ranked first globally in hotness on December 11th and second on December 14th, consistently among the top trending cryptocurrencies worldwide. This sustained high ranking directly reflects broad investor attention and willingness to participate. High rankings often accompany increased search volume and trading activity, laying a demand foundation for price appreciation.

This message is not investment advice. Investors should be aware of market volatility risks.