🚀 The NEWT currency ignites the markets in its first hours of listing!
The NEWT currency, part of the Newton protocol (based on ZK technologies), experienced sharp fluctuations following its listing on major platforms such as Binance, Coinbase, Bybit, KuCoin, and Bitget, rising by +67% immediately to touch 0.82$ before retreating to 0.46$ due to a quick sell-off after the free distributions.
💸 The reason? 112.5 million tokens were distributed as rewards to early users and BNB holders, who could withdraw them immediately, creating strong and sudden selling pressure!
📈 But is the story over? Not yet… The project shows a long-term vision, with:
60% of the supply allocated to community support and growth initiatives
A 12-month freeze period for team allocations, followed by a gradual vesting over 36 months
Quarterly transparency reports overseen by the Magic Newton Foundation
🎯 In summary: Despite the tumultuous start, the NEWT currency is not just a temporary hype…
