NEWT (Newton Protocol) rose 12.02% in 24 hours

Gate News Bot message, September 09, according to CoinMarketCap data, as of the time of writing, NEWT (Newton Protocol) is currently priced at 0.30 USD, with a 12.02% pump in the last 24 hours, reaching a high of 0.30 USD and a low of 0.25 USD. The current market capitalization is approximately 64.44 million USD, an increase of 6.91 million USD compared to yesterday.

The Magic Newton Foundation is dedicated to promoting the adoption and open development of the Newton Protocol. The Newton Protocol is a decentralized infrastructure layer for verifiable on-chain automation and secure proxy authorization. This protocol serves as a verifiable automation layer for on-chain finance, aiming to provide reliable blockchain infrastructure services.

Important news about NEWT recently:

1️⃣ Innovative Token Issuance Model Enhances Project Attractiveness Magic Newton Foundation has launched a new token issuance mechanism aimed at improving the fairness of the issuance process. This innovative approach is expected to attract more investors' attention to the NEWT project, enhance its market recognition and liquidity, and support the recent price rise.

2️⃣ Ecosystem cooperation to enhance practical value 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 and laying the foundation for long-term development.

3️⃣ Token airdrop plan stimulates market demand The NEWT token airdrop program recently launched by Newton Protocol is expected to significantly increase community engagement and the number of token holders. This initiative may be an important driving force behind the recent rise in trading volume and prices, reflecting the market's positive expectations for the project's prospects.

From a technical perspective, NEWT recently broke through previous resistance levels, demonstrating strong upward momentum. However, considering that the rise has reached 12.02% in the short term, investors still need to closely monitor the overall market trend and the project's subsequent development to assess the sustainability of the price movement.

This message is not intended as investment advice; investors should be aware of market volatility risks.