NEWT Token Soars 51% After Binance Listing, $12.5M Airdrop Spurs Volatility and High Volume

NEWTUSDT experienced significant volatility following its listing on Binance and other major exchanges on June 24–25, 2025. The initial surge in price was driven by heightened market attention, a $12.5 million airdrop to BNB holders, and the start of a trading challenge with substantial rewards. However, after the airdrop distribution, a wave of profit-taking and selling by airdrop recipients led to a sharp price correction, with the token price retreating from intraday highs. Despite a brief decline, the current Binance price stands at $0.4550, up 51.67% from the 24-hour open of $0.3000, reflecting strong speculative trading and high turnover. Trading volume remains elevated, underscoring intense market activity and short-term volatility as the circulating supply expands and the market absorbs new tokens.