Newt (NEWT) – Pump or Dump?
**🕒Short-Term Surge**: NEWT launched on Binance Alpha today (June 24), backed by major airdrops & launch promos .
Volume Explosion: Nearly $500M trading volume in 24h on Binance + Upbit/Bithumb listings pushed it to an early +75%+ spike from ~$0.48 → $0.85 ATH .
Smart Money Moves: Whale wallets scooped ~$100K worth at ~$0.57 and are now seeing quick +50%+ returns .
Tokenomics & Supply:
Only ~21.5% circulating out of 1 B total supply – low float means high volatility .
Massive promotional airdrops to BNB holders may temporarily inflate interest then fade.
✅ Verdict: Short-Term Pump Likely
🚀 Huge early rush driven by launches, airdrops & hype.
⚠️ Next Move? If volume cools and selling pressure kicks in post-airdrop, expect a quick dump.
📊 Your Edge: Riding its momentum early could be profitable—but don’t get caught if momentum fades.
i$n Plain Terms:
This coin just launched, it’s hot right now thanks to promotions and early demand—but that means it’s risky. If the hype holds, it may continue pumping. If not, it can retrace as fast as it rose. #NEW $NEWT