- The second phase of the NEWT airdrop on Binance Alpha has commenced.
- Eligible users can claim 125 tokens, with 180 Alpha Points.
- Newton Protocol is backed by PayPal Ventures and Polygon funds.
In the latest development, Binance Alpha has launched the second phase of its NEWT token airdrop. Eligible users with at least 180 Alpha Points can now claim 125 NEWT tokens.
The renewed airdrop opportunity has sparked interest, particularly due to significant backers like PayPal Ventures and Polygon. Binance Alpha’s involvement emphasizes the growing reach in the crypto trading ecosystem. Newton Protocol, managed by Magic Labs, aims to automate decentralized solutions with blockchain AI.
Binance Alpha Begins Second NEWT Airdrop Phase
Newton Protocol’s second airdrop phase is now live on Binance Alpha, allowing eligible participants to claim 125 NEWT tokens on a first-come, first-served basis. This initiative is part of an ongoing collaboration with Magic Labs and the Magic Newton Foundation.
Significant supporter backing includes PayPal Ventures and Polygon, underscoring strategic financial involvement. The NEWT token witnessed a 40% surge in value post-announcement, showcasing investor confidence and community engagement. Crypto market observers continue monitoring such price impacts and liquidity changes.
No direct quotes or statements found from leading figures in the industry regarding the NEWT airdrop or associated developments at this time, as there are no official channels referencing commentary from notable figures or institutions.
Trading Dynamics as NEWT Gains 40% Post-Airdrop Announcement
Did you know? Binance Alpha’s past token debut strategies set the stage for heightened trading volume and rapid user participation, exemplified by earlier token listings.
According to CoinMarketCap, Newton Protocol (NEWT) holds a market cap of $96.56 million, with 215 million tokens circulating. Priced at $0.45, the token’s value declined by 19.48% over recent weeks. Its 24-hours trading volume reached $466 million, reflecting active market interest despite recent price corrections.
Coincu research suggests the airdrop’s financial impact may increase trading liquidity across engaged platforms. Market professionals anticipate ongoing development could sustain community momentum and influence future automated protocol upgrades.
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Source: https://coincu.com/345147-binance-newe-drop-phase-two/