2026-01-08 09:36:42

NIGHT has recently been making quite a stir. Since last week, this privacy-focused token has been on the rise, with a 3.34% increase as of January 7th (5-minute data), reaching a price of 0.07804. It seems there is indeed something driving it.

The most direct signal comes from on-chain data — nearly 3,000 new unique wallet addresses have been added in a short period, and the total number of addresses holding the token has surpassed 20,700. What does this indicate? The ecosystem is not just comfortably lying back and winning; it is genuinely expanding, with new users continuously entering. Since launch, the pace of user adoption has indeed been accelerating.

A detail worth noting: another player in the privacy coin sector, ZEC, recently experienced a complete team exodus due to internal conflicts. The impact of such an event on the project is obvious, and the market will definitely have big questions about ZEC’s future development capabilities. For NIGHT, this is undoubtedly an opportunity — the competitor is in chaos, and market focus naturally shifts here.

There’s also an interesting economic design: NIGHT is planning a "Dust Capacity Market." Holders can rent out the free-generated DUST tokens within the ecosystem (used for fee-free transactions in the ecosystem) to earn profits. This way, the token is no longer just a speculative asset but has real use cases and holding value, providing long-term incentives.

Overall, behind this wave of price increase, it’s not just hype; the ecosystem is expanding, competitive advantages are emerging, and the economic model is upgrading. The market seems to start believing that this project is a bit different.

NIGHT-3.71%

ZEC-11.59%

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HypotheticalLiquidator

· 14h ago

Wait, 3000 new addresses can prove ecosystem expansion? We need to be cautious with this data. Could it be a trick by big players dispersing addresses? The true active users are reflected in on-chain transaction density. The departure of the ZEC team indeed freed up some space, but how long can NIGHT's recent surge last? From a risk control perspective, relying solely on competitors collapsing is often a short-term trap. Be careful of liquidation prices. Dust capacity market sounds good, but I'm worried it might be another round of financial leverage tricks. In the end, retail investors are still the ones caught. When deleveraging, once the dominoes fall, it's all over.

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DefiVeteran

· 01-08 10:06

Well... The fact that the entire ZEC team has left indeed gave NIGHT a lucky break. The data on holding addresses is genuinely increasing, not just fake volume. However, I still want to see how the Dust market performs after launch. A good theory doesn't necessarily mean good execution. The 3.34% increase is honestly a bit small; it depends on whether it can hold up in the future. Privacy coins definitely need someone to take over ZEC's role. If it can really succeed, it might be worth paying attention to. The number of holding addresses has been increasing from the 20k baseline, indicating ecosystem accumulation. But the question is, are the new entrants truly believers or just trying to get some quick gains? This model is a bit like several previous projects, which all ended up being quite curious... But NIGHT's economic design does have some interesting ideas. ZEC's internal chaos this round, combined with NIGHT's rise, is a matter of timing and opportunity. It all depends on whether they can withstand subsequent market tests. It feels like there's something there, but more observation is needed. Don't get too caught up in the stories being told. The DUST zero-fee model sounds good, but I'm just worried it might turn into a new way to fleece retail investors later on.

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retroactive_airdrop

· 01-08 10:06

Damn, the ZEC team has all left. The window for NIGHT has really arrived.

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MEVHunterNoLoss

· 01-08 10:04

NIGHT this time really has something, with the new wallet numbers skyrocketing. ZEC's self-sabotage has instead become a stepping stone for NIGHT. This move is too brilliant.

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WhaleShadow

· 01-08 10:02

This round of ZEC's self-sabotage actually gave NIGHT an opportunity, but that Dust leasing setup... is it real or fake?

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SleepTrader

· 01-08 10:01

Wait, the ZEC team all leaving? That's too much, is NIGHT just a bargain hunt? --- I'm not too convinced about the Dust market setup. It sounds good, but can anyone really use it? --- 3000 new wallets have joined. What does this data indicate? Are retail investors gambling, or is there genuine optimism? --- You've always been playing in the privacy coin space. Now that ZEC has self-destructed, it has become the background for NIGHT, huh? --- Dust can be rented out and transaction fees are waived. I need to study this model further. --- 20700 addresses sound like a lot, but how many are actual big players? --- When competitors collapse, we move in. This tactic has been tried and true in Web3. --- A 3.34% increase is blown out of proportion as an ecosystem explosion. That's a bit of an overstatement. --- The value of holding is indeed a well-thought-out aspect of NIGHT. --- Another story of a new economic design. This time, could it be just another scheme to cut the leeks?

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