$NXPC and $SXT launched with massive hype, surged up to 2,900%, and now they’re bleeding — Both exploded with airdrops, listings, and attention—but things didn’t go as expected. What really caused their sharp drops? Let’s look at the facts.

#NXPC – the token for Nexpace’s MapleStory Universe, debuted on May 15, 2025, and skyrocketed by 2,900% to $3.84 before falling to ~$2.2 within 48 hours. Whales dumped early—one sold 3.3 million tokens at $2.60 for a $1.6 million profit. The token launched with only 16.9% in circulation (169 million out of 1 billion), but a $3.2 billion fully diluted valuation scared investors. Complaints about high transaction fees, low earn rates, and confusion from its dual-token system (NXPC/NESO) added to the pressure. As hype faded and the MapleStory integration remained incomplete, “broader market volatility and critical sentiment” accelerated the drop.

SXT – linked to Space and Time’s Microsoft-backed blockchain, saw 125 million tokens farmed via Launchpool and 1.4 billion tokens released on May 8. It spiked initially, but early participants rushed to sell, causing an expected pullback. Its complex zero-knowledge data use case didn’t resonate well with casual users. Plus, with limited time to build a community, most holders sold early. Like NXPC, SXT faced the same post-airdrop dump pattern and weak price discovery.

Both tokens suffered from aggressive launch style—massive rewards, futures, and seed tags—creating quick demand but no long-term stability. Without real adoption or clearer token utility, and with whales influencing price moves, they’ve both become cautionary examples of how hype doesn’t guarantee price strength.