Elon Musk Pumps Mysterious NPC Token, Market Cap Skyrockets to $180 Million
Just when we thought the meme coin hype was cooling down, Elon Musk has lit the fire again! Today, on July 20, Elon shared a tweet on his X handle and sent the crypto world into a frenzy.
Elon Musk's Impact on Crypto: A Meme Coin Surges 13% After His Tweet
Elon Musk's recent activity on social media has once again highlighted his influence in the cryptocurrency market. On July 20, Elon shared a post on his X handle, which sparked a surge in the price of a lesser-known crypto called Non-Playable Coin (NPC).
In a conversation about cryptocurrency on Mario Nawfal's YouTube channel, the topic of NPC came up. As the host inquired about the other person's knowledge of Non-Playable Coin, they discussed how this token differs from other meme coins.
Following Elon's post, the market capitalization of NPC soared to an impressive $180 million. This meme coin, which is also an NFT, has seen a remarkable surge in interest thanks to Elon's endorsement.
Non-Playable Coin: The Meme Coin That's More Than Just a Meme
The name of the token is NPC, which stands for Non-Playable Coin. But don't let the name fool you; this isn't your average meme coin. NPC is actually backed by one of the most recognizable memes on the internet, and you can trade it as an NFT or a meme coin. It's the first-ever memecoin-NFT hybrid, or as they call it, a “meme-fungible token” (MFT).
What's special about Non-Playable Coin is that every token is backed by an NFT of the NPC meme, and you can convert it 1:1 using their Transform dApp.
Non-Playable Coin is trading on Ethereum via Uniswap and Coinbase's Layer-2 network Base. There are only 8,050,126,520 NPC tokens, and all were circulating at launch. Currently, Non-Playable Coin is hovering around $0.02300.
With a market cap of $185.1 million, it's clear this token has created a significant surge since its launch just a year ago. Early investors are already reaping the rewards, and there's a buzz that Non-Playable Coin's market cap could soon hit the billions, following in the footsteps of Doge and Shiba Inu.
Could this be the next big thing? Investors are incredibly bullish, believing that NPC will reach new all-time highs soon. With Elon Musk's influence, small-cap coins like Non-Playable Coin could become billion-dollar market cap giants. It's no surprise that the crypto community is watching the Non Playing Character token closely, eager to see where this new favorite of Elon's will go.
Will NPC Hit the Billion Dollar Mark?
Just after Elon's tweet, this meme but not so meme token gained a 13% rise in the past 24 hours, which is itself a sign of something big! The excitement is palpable and everyone is wondering if Non-Playable Coin will continue its meteoric rise? Only time will tell, but one thing is for sure—Elon Musk's endorsement has put NPC on the map in a big way.
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