Right on cue, @newton_project! Just yesterday, I alerted the public of the apparent market manipulation. Today, over 5B $NEW tokens are being unloaded by what I can assume are the same insiders who were buying $NEW at dirt-cheap levels since December. A textbook pump&dump scheme?
NB. This is not financial advice, and is not intended as financial advice. The completely anonymous (I wonder, why?) @newton_project team have been duly informed of all my above-stated and other finding in this regard before posting. They chose not to reply. Which speaks volumes.
$NEW buyers, beware! The recent meteoric rise of @newton_project’s $NEW token’s price also has its sinister side. It bears all the hallmarks of a massive pump-and-dump scheme to the tune of possibly over $100M, potentially leaving YOU as the ultimate bag holder. Here’s the story:
$NEW may certainly continue its meteoric rise. And I wish you all the best in making the most out of it. But bear in mind: how long it will last, and how far it will go, will be decided not by the healthy market forces, but rather by a small group of insiders with tokens galore.