One of today's biggest gainers is a name I haven't posted about before — $NIGHT is up about 3.6% near $0.0401 on $10M in volume, while $BTC just drifts near $75,654, down 0.2%.
There's no fresh announcement behind it today, which is kind of the point: this looks like rotation into privacy names on a flat tape, with Midnight's mainnet passing 1.3M transactions and its Sig Network link bringing programmable privacy to apps on other chains as the backdrop. Still, $NIGHT sits two-thirds below its $0.1185 high and is down 2.7% on the week, so the bigger trend hasn't turned yet.
The level I'm watching is $0.0410, today's high. Clear it and hold, and the breakout chatter gets louder; lose $0.0386 and it probably fades straight back into the drift. Is the privacy corner finally getting its rotation, or is this just one green name on a quiet tape?
#Midnight #PrivacyCoins #Write2Earn
There's no fresh announcement behind it today, which is kind of the point: this looks like rotation into privacy names on a flat tape, with Midnight's mainnet passing 1.3M transactions and its Sig Network link bringing programmable privacy to apps on other chains as the backdrop. Still, $NIGHT sits two-thirds below its $0.1185 high and is down 2.7% on the week, so the bigger trend hasn't turned yet.
The level I'm watching is $0.0410, today's high. Clear it and hold, and the breakout chatter gets louder; lose $0.0386 and it probably fades straight back into the drift. Is the privacy corner finally getting its rotation, or is this just one green name on a quiet tape?
#Midnight #PrivacyCoins #Write2Earn