​​PayPal-Backed Magic Newton Token NEWT Plunges 46% Despite

Binance Coinbase PayPal PayPal-backed Magic Newton token NEWT plunges 46% to $0.45 despite unprecedented Coinbase and Binance listing debut amid allocation controversy. Crypto Journalist Anas Hassan Crypto Journalist Anas Hassan About Author Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech. Author Profile Share Copied Last updated: 3 hours ago Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews The highly anticipated Token Generation Event (TGE) for Magic Newton’s native $NEWT token took place on June 24, marking the debut of the PayPal and Polygon-backed Automated Finance (AutoFi) project. The token launched across major exchanges at an initial price of $0.524, immediately capturing significant market attention. Despite securing what many consider an unprecedented listing strategy for a newly launched project, $NEWT’s market performance has been volatile. The token initially surged 30% from its listing price, reaching an all-time high of $0.8337, before experiencing a dramatic 46% correction to trade at $0.4515 at press time. Coinbase, Binance, and Tier-1 Exchange Support Drives Magic Newton Rally and AutoFi Vision. The token’s launch strategy distinguished itself through simultaneous listings on tier-1 centralized exchanges, a... https://cryptonews.com/news/paypal-backed-magic-newton-token-newt-plunges-46-despite-coinbase-and-binance-listing-debut/ #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple