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Recently, I had an in-depth experience with NEWTON's products, and I must say, it was quite disappointing. This so-called innovative project actually gives off a packaging vibe similar to CGPT portal, lacking substantial innovative points. What is even more surprising is that such an unremarkable project has managed to achieve a total market capitalization of 500 million, which makes one marvel at the looseness of funds in the crypto world.
However, the market is ultimately rational. Regardless of how the project party packages it, it will eventually return to its true value. The case of NEWTON once again proves that even the seemingly outrageous fully diluted valuation (FDV) will ultimately face the test of the market.
Regarding the funding situation of NEWTON, it is still shrouded in mystery. Interestingly, this project was initially an unknown on the Kaito platform, yet it somehow successfully landed on Binance. The Kaito platform is about to start unlocking, and the price of NEWTON's coin has already shown a downward trend.
Nevertheless, NEWTON experienced a 100% increase before its listing, which may suggest that large investors are secretly accumulating positions, and there could be a potential rally in the future. However, for ordinary investors, I recommend exercising caution and primarily adopting a short-selling strategy.
The specific operational suggestions are as follows: At the current price of 0.45, it may be worth considering establishing a small short position. After the market opens, observe the airdrop and the selling behavior of coin holders, and take profits at the right time. If a rebound occurs later, consider increasing the short position in the 0.6-0.8 range. It is important to emphasize that NEWTON's current market capitalization has become quite inflated, and investors should remain rational to avoid becoming the so-called 'AI project' bag holders.
In this rapidly changing crypto world, it is crucial to remain clear-headed and think independently. The case of NEWTON once again reminds us not to be deceived by superficial prosperity, and always to focus on the actual value of the project and its long-term development potential.