A leading 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 size of 20 million dollars.

According to the official notice, the rewards were supposed to be distributed after the event ended at 6 PM on the 22nd. However, it is quite common for such events to delay the distribution of coins, so it may be postponed.

Interestingly, it's not just this exchange that is holding events. Several other trading platforms have also launched trading competitions, and some smaller exchanges have also offered a lot of rewards. In this situation, many people are starting to discuss: can we still buy the $NIGHT coin at the bottom?

The core issue is still - with such a large amount of rewards coming down, will the main force take this position? Will it be smashed through? From historical experience, the price volatility before and after the issuance of large rewards is indeed quite severe, but how it will move specifically still depends on market sentiment and the direction of the main force. Interested friends can consider the timing based on their own risk tolerance.