The planned listing of AB (formerly known as Newton) on Weex, where it will be traded against USDT, marks a pivotal moment for the digital asset. This development expands its reach to a broader spectrum of traders and investors, thereby potentially boosting its liquidity. Listings often trigger price fluctuations as new players join the market.
In addition to the listing, the announcement of an airdrop promising up to 10,000 USDT in $AB tokens adds further incentives for trader participation, which could lead to increased volatility. That said, like with all new listings, the ultimate effects will hinge on the level of trader interest and prevailing market conditions in the forthcoming weeks.
Source: CoinMarketCal