NEWT (Newton Protocol) rose 9.64% in the last 24 hours.

Gate News Bot news, on September 4th, according to CoinMarketCap data, as of this writing, NEWT (Newton Protocol) is currently priced at $0.28, with a 24-hour rise of 9.64%, reaching a high of $0.29 and a low of $0.25. The current market capitalization is approximately $61 million, an increase of $5.36 million compared to yesterday.

The Magic Newton Foundation is the development organization of the Newton Protocol, dedicated to promoting the adoption and open development of the protocol. The Newton Protocol is a decentralized infrastructure layer for verifiable on-chain automation and secure delegation of authorization. The project aims to provide a verifiable automation layer for on-chain finance.

Important news about NEWT recently:

1️⃣ Magic Newton Foundation launches innovative token issuance model The Magic Newton Foundation has recently launched a new token issuance mechanism aimed at improving the fairness of token issuance. This innovative approach may attract more investors' attention to the NEWT project, helping to enhance its market recognition and liquidity.

2️⃣ Newton Protocol expands ecosystem collaboration Newton Protocol is actively expanding its ecosystem partnerships to enhance its influence in the decentralized finance sector. These strategic collaborations are expected to bring more practical application scenarios for NEWT, thereby increasing its utility value.

3️⃣ NEWT Token Airdrop Plan Launched Newton Protocol recently announced the airdrop plan for the NEWT token, a move aimed at increasing community engagement and the number of token holders. Airdrop events typically generate short-term market attention and increased trading volume, which could be a significant factor in the recent price rise.

From a technical perspective, NEWT has recently broken through previous resistance levels, showing strong upward momentum. However, investors still need to closely monitor the overall market trend and the subsequent development of the project to assess the sustainability of the price movement.

This message does not constitute investment advice, and investors should be aware of market volatility risks.