Wo 🌱 [MapleStory]
The studio is out of it again
Check how many shorts there are 😭
NXPC launched explosively, soaring from $0.1 to $3.8674, with an increase of nearly 3800% and a trading volume of 2.0234 billion, turnover rate of 19.66%!
Reasons for the surge:
Strong IP support: NXPC is a MapleStory metaverse project backed by Nexon, a South Korean gaming giant. The IP itself has a large fan base and has accumulated significant attention before its launch.
Airdrops and marketing drive: The project team triggers FOMO through airdrop activities and community events, attracting new funds to enter quickly.
My opinion:
The surge of NXPC is mainly due to the combined effects of IP appeal, exchange traffic, and market sentiment, but the excessive rise also exposes risks. Although the trading volume is large, the high turnover rate indicates unstable chips, dominated by short-term speculative funds. Technical indicators may have been overbought, posing significant risks for chasing the highs.
Future trends:
In the short term, NXPC may continue to rise, and it is possible to break through $4. However, if there are no sustained positive developments, profit-taking could trigger a pullback, potentially dropping back to the $2.5-$3 range.
In the long term, NXPC's potential depends on the implementation of the game ecosystem and player activity. If it can be sustained well, the price is expected to stabilize above $2. Conversely, it may repeat the mistakes of many GameFi projects and gradually cool down.
The popularity of NXPC is a frenzy of IP and funds, but don't get carried away by the surge! It is recommended to wait for a pullback before re-entering, and to pay attention to the game's launch progress!
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