Midnight and Pippin: Two Cryptocurrencies Chasing a Billion-Dollar Market Cap

According to recent market trends, two cryptocurrencies have emerged as strong contenders to reach a $1 billion market capitalization by the end of the first half of 2026. These assets have been making headlines in the crypto space due to their impressive growth and potential for further development.

Midnight (NIGHT) is one such cryptocurrency that has gained significant attention since its launch in December last year. With a market capitalization of nearly $995 million, it is close to reaching the coveted $1 billion mark. The mainnet launch scheduled for late March is expected to play a crucial role in determining Midnight's trajectory. This event will mark the transition from the current Hilo phase to a live environment capable of supporting privacy-preserving smart contracts.

However, the bullish catalysts for Midnight are counterbalanced by concerns related to token supply and unlock schedules. The cryptocurrency has a fixed maximum supply of 24 billion tokens, with approximately 16.6 billion currently in circulation. Community unlocks will extend into December 2026, which may introduce sell-side pressure if recipients opt to liquidate portions of their holdings.

Pippin (PIPPIN) is another cryptocurrency that shows significant growth potential but also comes with high risks. Currently boasting a market cap of around $836 million, Pippin's price action is influenced by anticipation around the March mainnet launch and partnership developments. However, its outlook is fragile due to concerns related to supply concentration and lack of meaningful partnerships.