Is NewAge a Scam Project?

Key Takeaways

  • NewAge project has seen a sharp price drop of more than 96% after a wallet sold a large quantity of tokens.
Token Price Crashes
Token Price Crashes

Here is the contract address: 

https://bscscan.com/address/0xdbe53bad1B9854c7Bc29965F0C870DfB88F61147

Not much information is available about this project. It is not listed on any major crypto exchange, and we could not find its official website.

Here is the token address: 

https://bscscan.com/token/0xdbe53bad1B9854c7Bc29965F0C870DfB88F61147.

It has a supply of 9,509,624.004145 tokens. Currently, 2,153 addresses are holding it.

We will recommend our readers to be careful and perform their own research before investing in it. As crypto scams are increasing nowadays, our readers should stay alert.

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Yash Kamal Chaturvedi

Btech Computer Science, Maharshi Dayanand University, Rohtak (2023)