Binance Alpha has launched the second phase of the NEWT token airdrop, allowing users to claim tokens if they meet the required Alpha Points.
Launch of the Second Phase of NEWT Token Airdrop
Newton Protocol has initiated the second phase of the NEWT token airdrop on Binance Alpha, allowing users with at least 180 Alpha Points to claim 125 tokens. This initiative is designed to boost interest in the crypto ecosystem.
Support and Investment
The airdrop program is significantly backed by investors such as PayPal Ventures and Polygon, highlighting the strategic financial interest from large funds. Newton Protocol is managed by Magic Labs, working on automating decentralized solutions using blockchain AI.
Trading Dynamics and Market Impact
Following the announcement of the second phase of the airdrop, the NEWT token saw a 40% increase in value, indicating investor confidence and community engagement. According to CoinMarketCap, Newton Protocol has a market cap of $96.56 million, reflecting interest in the token. Despite recent corrections, the daily trading volume reached $466 million.
The second phase of the NEWT token airdrop on Binance Alpha has garnered attention and reaffirmed interest from major investors, which may influence the token's future development and trading activity.
