Cardano’s Midnight Plummets 7% as Privacy Coin Dreams Fade! 🚨💸

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Oh, my goodness! Behold the tale of Cardano’s Midnight (NIGHT), which has taken a dive so steep, it’s like a squirrel trying to fly! 🐿️💥 CoinMarketCap reports a 7% plunge in 24 hours, leaving investors clutching their pearls and their portfolios. What a way to start the week!

Midnight’s key support breakdown triggers sell-off

Lo and behold, Midnight broke below $0.0836, a price point so sacred, it’s like a holy grail for traders. They cried, “The end is nigh!” and fled faster than a cat chased by a vacuum cleaner. 🧹🐱

While Zcash (ZEC) climbs like a determined squirrel up a tree, NIGHT is busy playing hide-and-seek with the floor. Traders’ hopes for an upward trajectory? Gone faster than a hot cake in a room full of kids. 🍪💥

As of press time, Midnight’s price sits at $0.07107, a 5.71% drop that’s got everyone whispering, “What’s next?” The coin’s daily peak of $0.07579? A distant memory, like last year’s New Year’s resolutions. 🗓️

This chaos has also made trading volume vanish like a magician’s rabbit. NIGHT’s volume plummeted 15.62% to $34.78 million. Talk about a party pooper! 🎉➡️📉

And let’s not forget the RSI, which is hovering near oversold territory like a tired tourist. 34.49? That’s the sound of a coin begging for mercy. 🙏

Midnight once had a 50% volume crash in December, but it held strong-until now. Now, it’s as wobbly as a jelly on a trampoline. 🍯_trampoline

Meanwhile, Bitcoin’s dominance soared to 58.42%, siphoning funds from smaller coins like NIGHT. It’s the financial equivalent of a goldfish stealing the spotlight from a disco ball. 🐟✨

Early buyers are now selling off like a crowd at a zombie apocalypse, hoping to avoid losses. A profit-taking move, they say. Or maybe just a panic-induced sprint. 🏃‍♂️💨

Can new Cardano rebound? 

Investors once dreamed of a strong 2026 for NIGHT, but now it’s looking more like a “meh” year. Zcash had a 13.8% surge, leaving NIGHT in the dust. 🧸💨

But fear not! The Kukolu phase is coming this quarter. A silver lining, perhaps? Or just another plot twist in this financial soap opera. 🎭

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2026-01-09 16:32