NEWT Token Soars 49% After Major Exchange Listings and Airdrop, Faces Sharp Volatility Shift

Newton Protocol (NEWT) experienced significant price volatility following its recent listings on major exchanges, including Binance and Upbit, and a large-scale airdrop to BNB stakers. The initial surge in price was driven by heightened investor interest and speculative trading around the launch and airdrop event. However, this was followed by rapid profit-taking, leading to a sharp correction from intraday highs near $0.80 to current levels. As of the latest Binance data, NEWT is trading at $0.4488, reflecting a 49.60% increase from the 24-hour open of $0.3000, despite broader reports of post-listing retracements. Trading volume remains exceptionally high, with a volume-to-market cap ratio exceeding 800%, indicating ongoing speculative activity and elevated volatility. The market is currently consolidating, with short-term sentiment remaining bearish as technical resistance persists and the initial launch hype subsides.