Newton Protocol’s NEWT Crashes 40% Post-Airdrop Amid Mixed Investor Sentiment

Newton Protocol's NEWT token plummeted 40% within an hour of its airdrop, defying expectations of a demand surge. The sharp decline triggered alarm among holders, with some branding the project a failure due to its inability to sustain post-drop momentum.

Divergent views emerge as critics highlight the token dump while proponents praise Newton's unconventional referral-driven growth strategy. Kaito Founder Yu Hu notes grassroots adoption through the Kaito ecosystem, where referrals account for a third of verified agents. "Magic Newton exemplifies our focus on real-user adoption," Hu said, hinting at future onchain reputation systems to filter low-quality activity.

The team attempts to restore confidence with anti-manipulation safeguards against flash sales and pump-and-dump schemes. Market stability measures remain under scrutiny as the protocol navigates its volatile debut.