May 15, 2025

Brothers, there’s a feeling that a bull market is coming, not just because Bitcoin has broken through 100,000 or Ethereum has risen 40% in the short term, but because of a new coin NXPC today. This Web3 game, which is a replica of Adventure Island, has launched on Binance and South Korea's Upbit, and its valuation has skyrocketed today; currently priced at $3 each, with a total supply of 1 billion, the FDV is $3 billion, and the circulating market cap should also be in the hundreds of millions. Although this NXPC has support from big players, the launch valuation certainly has an element of market premium.

I still remember the last time a high market cap opened, it was during the meme craze, where it was common to see circulating market caps of several hundred million dollars, even for memes without any project empowerment, with total market caps starting at $1 billion. Similarly, NXPC this time may have a high opening component, but a heavyweight valuation in the gaming sector will create a demonstration effect for subsequent game launches, potentially reigniting the popularity of gamefi.

There’s no doubt that many gold farming teams will enter this game. If you're interested in the game, you might want to give it a try, as the probability of losing money with such a high market cap should be quite low. I believe this is a signal that the market is continuing to improve; whether from the capital side or market sentiment, it feels like a bull market is charging forward, but whether the specific hot sector will be gamefi remains to be seen.

In terms of market conditions, it’s impossible to keep rising unilaterally; rather, there will be pullbacks and sideways movements, while also giving the market some new project opportunities, which is the best rhythm. Just like NXPC, it will attract off-market funds to enter. By the way, this time Binance's new listing is very strong, with one account yielding around 500 U. Therefore, I also urge everyone to take some time to accumulate alpha points; on one hand, it’s a way to reap some benefits, and on the other, it’s also an opportunity to feel the new projects and opportunities in the market.

Thank you for your attention and likes.