Token $NXPC (Nexpace), part of the MapleStory Universe ecosystem supported by Nexon, has increased in price by more than >300% within a few hours after being listed on Binance on May 15, 2025. Below is a detailed analysis of the reasons behind this sudden price surge, based on on-chain data and project information.
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🔍 Overview of NXPC
Token name: NXPC
Total supply: 1,000,000,000 NXPC
Initial circulating supply: 169 million NXPC (16.9%)
Initial listing price: ~$0.10
Peak price after listing: ~$3.03
Current market capitalization: ~$531 million
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📈 Factors driving price increase
1. Listing on Binance and major exchanges
The listing on Binance, along with exchanges like Bybit, Bitget, KuCoin, and Coinone, has created wide access and increased liquidity for NXPC.
2. Attractive airdrop
Binance has implemented an airdrop program for BNB holders, distributing 3% of the total NXPC supply, attracting significant interest from the community.
3. MapleStory Universe ecosystem
NXPC is the main token in the MapleStory Universe, allowing users to create NFTs, pay fees, and use assets across applications, providing practical utility for users.
4. Whale activity
A trader purchased 1.28 million NXPC at $1.37, worth $1.75 million, and achieved an unrealized profit of $3 million in just 2 hours, indicating strong interest from large investors.
5. Market sentiment and FOMO
The combination of listings on major exchanges, the airdrop program, and whale activity created a FOMO effect, driving prices to rise rapidly.
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📊 Notable on-chain data
Whale wallet address: 0x8e3aa18308695e34a7b727b4ed5cd05cfae25cdf
Average purchase price: $1.37
Current value: ~$4.8M
Unrealized profit: ~$3M
