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$NIGHT Latest news, we saw that a major exchange announced a trading competition last week, with a prize pool that is not small - 200 million $NIGHT Tokens. At the current market price, this amounts to a reward volume of 20 million dollars.
According to the official notice, the rewards were originally scheduled to be distributed after the event ends at 6 PM on the 22nd. However, it is quite common for such activities to delay the distribution of coins, so it may be postponed.
Interestingly, it's not just this exchange that is holding promotions. Several other trading platforms have also launched trading competitions, and some smaller exchanges have offered substantial rewards as well. In this situation, many people have started to discuss: can the $NIGHT coin still be bottomed out and entered now?
The core question is still - with such a large amount of rewards being given out, will the main players take this opportunity? Will it be pushed down? Historically, the price fluctuations before and after large rewards are indeed quite intense, but the specific direction still depends on market sentiment and the actions of the main players. Interested friends can consider the timing based on their own risk tolerance.