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2025-06-24 09:47:12

Fact Check:- Will XRP Holders Receive NIGHT Tokens

The post Fact Check:- Will XRP Holders Receive NIGHT Tokens appeared first on Coinpedia Fintech News Lately, a rumor has been going viral in the crypto world about whether XRP holders might be getting free NIGHT tokens, and “If so, how much can they expect?” Let’s break down what’s happening, using the latest details from the Midnight Glacier airdrop event . Let’s sort out the facts from the noise. What’s the Claim? Many posts on X and Telegram groups are saying, “If you held XRP during the snapshot, you’re getting NIGHT tokens for free.” It sounds exciting — who wouldn’t want free tokens just for holding crypto? So, What’s the Truth? Yes, XRP holders will receive NIGHT tokens, but only if they meet the eligibility. According to the official 45-page whitepaper released by the Midnight team, the airdrop is being shared across eight blockchains. These include Cardano, Bitcoin, Ethereum, Solana, BNB Chain, Avalanche, BAT, and XRP. To qualify, you needed to hold at least $100 worth of XRP when the snapshot was taken on June 11, 2025. There’s no need for KYC or any fees—claiming is as simple as signing with your wallet and submitting a valid Cardano address. However, the tokens will be locked at first, and 25% will unlock slowly over a year. How Did We Find That Out? The Midnight team detailed all of this in their whitepaper, breaking down the token supply and distribution plan. Out of the total NIGHT token supply, 50% (12 billion tokens) is set aside for Cardano (ADA) holders. Bitcoin (BTC) holders will receive the next biggest share, 20%, which is about 4.8 billion NIGHT tokens. The final 30% (7.2 billion NIGHT tokens) will be shared equally among six other blockchains: XRP, BAT, ETH, BNB, SOL, and AVAX. That means XRP holders are eligible to claim around 1.2 billion NIGHT tokens from this pool. So yes, if you held XRP during the eligible snapshot, you could qualify for a piece of that 1.2 billion NIGHT allocation. But your share depends on how much XRP you held at the snapshot time

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