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June 24 was held a highly anticipated generation of Token (TGE) for a native of Magic Newton $ Newt Token, which meant debut Paypal and automated financing project (autofi) supported polygons.
Token launched through the main stock exchanges at the initial price of $ 0.524, which immediately caught significant attention on the market.
Despite ensuring what many consider to be an unprecedented statement strategy for the newly running project, the market performance was $ Newt volatile.
The token initially increased by 30% of its price of the extract and reached the historically highest $ 0.8337 before it experienced a dramatic 46% correction per trade for $ 0.4515 at the time of the press.
Coinbase, Binance and Tier-1 Exchange Support drives Magic Newton Rally and Autofi Vision
The Strategy of Starting Token has been distinguished through current extracts Centralized level-1 exchange exchangeRare for newly launched projects.
$ Newt provided day -day statements on Binance and Coinbase, along with the main Korean UPBIT and BITHUMB and other front platforms including Bybita, Bitget, Kucoin, Mexc and Bingx.
$ Newt is on these exchanges live
Coinbase https://t.co/5bz8ry8AUP
Upbit https://t.co/cr49ocgj2
Binance https://t.co/klaphahrdj
Bybit https://t.co/BCECF8JJ7T
Bithumb https://t.co/xygdyw3i3x
Bitget https://t.co/bwj8p8emfw
Kucoin… pic.twitter.com/yzogjgoxy44
– Magic Newton Foundation (@newtfoundation) June 25, 2025
This comprehensive shift support powered the token to the maximum market capitalization of $ 156 million during its initial commercial session.
The coordinated access to the list has generated a significant volume of trading, with 24 -hour activity exceeding $ 890 million, almost ten times higher than the current market limit of $ 96 million.
Magic Newton operates under Magic Labs that has Received approximately $ 90 million from major investors, including PayPal VenturesDigital currency group (DCG), Volt Capital, Polygon and remarkable characters like Balaji Srinivasan.
The company has established itself in the area of crypto infrastructure since 2018 and has developed embedded wallet solutions through SDKs used by main platforms such as polymarket, WalletConnect, Helium and Forbes.
Sean Li, founder of Magic Newton, emphasized the company’s extensive experience and said their seven -year focus on board and user confidence, especially in partnership with Fortune 500 and extensive applications.
The Newton Protocol is the latest Magic Labs effort to deal with what they perceive as basic problems in the user interface of the cryptocurrency through the AI -powered solution.
Technical Infrastructure Powers Magic Labs Automatic Finance (Autofi)
The decentralized layer of Magic Newton infrastructure combines trusted environment for performing (tee) with Evidence of zero knowledge (ZKPS) Allow automated financial operations on the chain.
The platform creates what the company describes as a “decentralized economy of verifiable agents”, while $ Newt serves as a gas fee for issuing or canceling private, verifiable meetings and intentions for Newton agents.
@Magic_labs they run @MagicnewtonAnd #Ai Agent platform that allows autonomous finance and simplifies #crypto Administration, further @Base #blockchain. https://t.co/pjkyjmqlvv
– Cryptonews.com (@cryptonews) May 7, 2025
Autofi functionality allows users to create automated dollar diametering strategies for cryptocurrency, including Bitcoins, Ethereum, Kaito and Virtual.
Users can configure recurring purchases for hourly, daily, weekly or monthly Plans via agent AI automation.
From his The clerk can start after extensive stages of testingMagic Newton has accumulated more than 1.1 million registrations, processed 747,000 verified agents, and activated more than 362,000 autofi.
The https://t.co/cpc9jreapx the numbers are rising
1m → 1.1 m Registration (+100k)
463K → 747K transaction of verified agents (+284k)
280k → 362K activated agent (+82K)Since the start we have gone a long journey in six weeks. Imagine when we take knowledge from recurring agents and… pic.twitter.com/liwesmy2r
– Newton (@Magicnewton) June 18, 2025
Magic Newton Influencer “Heist”: Top Kaito Users Bag $ 30k while early testers get zero
The project faced significant criticism from the first members of the community about the methodology of token allocation.
According to the issued TokenThe first 1,000 Kaito social platform accounts received 0.9% of the total of 215 million circulating $ Newt Supply, a decision that brought considerable community criticism.
Social media reports indicate that some of the inferior crypts have received considerable allocation with one Requesting $ 5,300 worth tokens $ Newt And more reports over 38,000 Newt tokens worth more than $ 30,000 at the top price.
Thank you Magic Newton pic.twitter.com/bxykwsiHd
– Denise
(@Influencerdee) June 24, 2025
Many Kaito participants Reportedly received allocation ranging from $ 10,000 to $ 30,000 in the $ Newt tokens.
On the contrary, the first supporters who have accumulated more than 5,000 credits through the original Magic Newton tasks and held the role of Discord Community, found themselves ineligible to distribute tokens.
In addition, binance alpha participants and BNB holders who did not deal with testnet or Kaito discussions received every 125 chips of Newt.
The community broadly criticized this distribution model as unfair and claims to prefer influence and high -ranking accounts, eliminating the real first adoptors and testers who contributed to the development of the platform.
Magic Newton Airdrop cooked only for Binance Alpha, BNB holder and Kaito Yappers & Stakers.$ Newt They did not cook for Newton users and these are users of techniques
.
There must be a balance.
The Top 1000 is not a community.
– Wendy J (@jessicalievi13) June 24, 2025
The Krypto community is now awaiting Magic Newton’s ability to maintain a substantial user base and demonstrate real usefulness for token $ Newt for speculative trading.
Contribution Magic-Magic Newton Token Newt will plunge to 46% despite the debut of Coinbase and Binance list He appeared for the first time Cryptonews.
