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JUST IN: Charles Hoskinson says "the $NIGHT supply is totally decentralized. It's on Cardano as a CNT. It cannot be rolled back."
Charles Hoskinson said the NIGHT token supply is fully decentralized, lives on Cardano as a native token (CNT), and cannot be reversed.
Published:
Updated:
What happened
Charles Hoskinson said the NIGHT token supply is fully decentralized, lives on Cardano as a native token (CNT), and cannot be reversed.
Confirmed
Global impact / market context
A fully decentralized, immutable supply reduces concerns about central control or sudden changes, which can boost confidence for investors and users of the NIGHT token.
Analyst inference
In the broader crypto market, assets that claim decentralization and immutability often attract more attention, especially as regulators scrutinize token governance and supply control.
Analyst inference
What to watch
- Whether Night token holders see increased trading volume or price stability after the statement, indicating market trust. Analyst inference
- Any regulatory comments on Cardano’s native tokens (CNTs) that could affect how decentralized tokens are treated. Analyst inference
- Future announcements from Cardano or Night about token utility or integration, which could drive demand. Analyst inference
Affected assets
- NIGHT — Midnight
- ADA — Cardano