Recently, I had the opportunity to try out NEWTON's products. Unfortunately, this highly关注 project seems to lack real innovation. It feels more like a packaged project, similar to some existing AI portals. Moreover, its website design is rather ordinary and fails to leave a lasting impression.
Considering that NEWTON currently has a market capitalization of 500 million, it inevitably raises questions about whether this valuation is reasonable. In the cryptocurrency market, we often see some projects with valuations far exceeding their actual value. However, the market will eventually return to rationality, and any valuation detached from fundamentals is difficult to maintain in the long term.
Regarding the financing situation of NEWTON, there is currently not much public information available. Interestingly, this project was initially listed as a non-mainstream project on the Kaito platform, but has unexpectedly landed on Binance exchange. Speaking of Kaito, its token unlocking is about to begin, and the price has shown a significant downward trend.
It has been observed that NEWTON's price increased by 100% before its listing, which may suggest that large investors are actively accumulating. Therefore, there may be some upward momentum in the short term. However, considering the current high valuation, investors should remain cautious and avoid becoming the bag holders.
For investors considering trading NEWTON, it is advisable to proceed with caution. At the current price point of 0.45, it may be worth establishing some short positions. If a rebound occurs later, the price range of 0.6-0.8 may present better shorting opportunities. It is important to recognize that in this rapidly changing market, high valuation projects often carry significant risks.
Regardless, when making any investment decisions, thorough research and risk assessment should be conducted. The cryptocurrency market is highly volatile, and investors need to remain vigilant and not be misled by short-term market hype.
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Recently, I had the opportunity to try out NEWTON's products. Unfortunately, this highly关注 project seems to lack real innovation. It feels more like a packaged project, similar to some existing AI portals. Moreover, its website design is rather ordinary and fails to leave a lasting impression.
Considering that NEWTON currently has a market capitalization of 500 million, it inevitably raises questions about whether this valuation is reasonable. In the cryptocurrency market, we often see some projects with valuations far exceeding their actual value. However, the market will eventually return to rationality, and any valuation detached from fundamentals is difficult to maintain in the long term.
Regarding the financing situation of NEWTON, there is currently not much public information available. Interestingly, this project was initially listed as a non-mainstream project on the Kaito platform, but has unexpectedly landed on Binance exchange. Speaking of Kaito, its token unlocking is about to begin, and the price has shown a significant downward trend.
It has been observed that NEWTON's price increased by 100% before its listing, which may suggest that large investors are actively accumulating. Therefore, there may be some upward momentum in the short term. However, considering the current high valuation, investors should remain cautious and avoid becoming the bag holders.
For investors considering trading NEWTON, it is advisable to proceed with caution. At the current price point of 0.45, it may be worth establishing some short positions. If a rebound occurs later, the price range of 0.6-0.8 may present better shorting opportunities. It is important to recognize that in this rapidly changing market, high valuation projects often carry significant risks.
Regardless, when making any investment decisions, thorough research and risk assessment should be conducted. The cryptocurrency market is highly volatile, and investors need to remain vigilant and not be misled by short-term market hype.