The long-short ratio of $NEWT is a bit scary; it turns out that family members are all in. The FDV is already quite large, and everyone knows this is a garbage project, the market value is not justified. It just depends on whether the whale will take advantage of this to eat the liquidity of the short sellers. Let's wait for the market open; I believe there will definitely be a wave of selling, and then we'll see if the main force shows any signs of accumulating shares.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.