The NIGHT (NIGHT) token has experienced a dramatic decline of 98.18% from its all-time high, according to the latest data from KuCoin. As of May 25, 2026, the circulating supply is 16.608 billion NIGHT out of a maximum supply of 24 billion tokens. Meanwhile, the current price has rebounded 43.30% from its all-time low of $0.02, though it remains deeply below the peak of $1.81.
Price Performance and Key Milestones
The all-time high (ATH) for NIGHT stands at $1.81, while the all-time low (ATL) is $0.02. The 98%+ drawdown from ATH highlights the extreme volatility inherent in smaller-cap crypto assets. The 43% recovery from ATL suggests some bottom-fishing activity, but the token still trades at a fraction of its former value. KuCoin provides a real-time USD price calculator for NIGHT, enabling users to track exchange rates that fluctuate based on supply and demand dynamics as well as market sentiment.
Such dramatic price swings are typical for tokens with limited liquidity and evolving project fundamentals. Investors are advised to use tools like the KuCoin calculator for up-to-date pricing.
Supply and Circulation Dynamics
As of May 25, 2026, approximately 69.2% of NIGHT's maximum supply has been released into circulation (16.61B of 24B). The remaining 7.392 billion tokens are yet to be unlocked, potentially through team allocations, ecosystem rewards, or staking emissions. This supply structure implies a future inflationary overhang that could pressure prices if not matched by sufficient demand growth.
Understanding the tokenomics—including unlock schedules and emission rates—is crucial for evaluating NIGHT's long-term value proposition. The relatively high max supply (24B) indicates a design leaning toward utility or low-unit-price accessibility, common in gaming or DeFi ecosystems.
Storage and Trading Options
KuCoin offers a custodial wallet for NIGHT, allowing users to store and trade the token without managing private keys. Alternative storage methods include self-custody wallets (web, mobile, desktop), hardware wallets, third-party custody services, and paper wallets. Each option balances convenience, security, and control. For active traders, exchange-based custody provides instant liquidity; long-term holders may prefer hardware wallets to mitigate exchange risk.
KuCoin’s platform also supports direct trading pairs, making NIGHT accessible to a global user base.
Market Risks and Considerations
The 98% drop from ATH underscores the high-risk nature of NIGHT and similar small-cap tokens. While the 43% bounce from ATL may tempt bargain hunters, the recovery remains tepid relative to the earlier collapse. Investors should conduct thorough due diligence—reviewing whitepapers, team backgrounds, and token distribution—before committing capital. The potential for further downside exists, especially if market sentiment turns bearish or if unlocked supply hits exchanges.
Diversification and position sizing are critical risk management tools in such volatile assets.