The Non-Playable Coin (NPC) meme token has reached new all-time highs, interesting the crypto community. Market observers are predicting a meteoric rise for NPC, potentially outperforming established crypto assets in this market cycle.
With a recent 49.33% price increase over the past week, NPC has sparked intense discussions about its potential to dominate the memecoin sector.
Despite its market cap at around $250 million, experts suggest NPC could be severely undervalued, hinting at substantial growth opportunities for early investors.
Analyst Highlights NPC’s Potential
0xgm.eth, a prominent crypto enthusiast, expressed confidence in NPC’s potential.
He tweeted that another NPC all-time high occurred and its chart looks good. He expressed confidence that NPC will be the best memecoin play of the entire cycle, predicting a 100x return.
Another $NPC ATH happened. And its printing a godly chartI’m confident that $NPC will be the best memecoin play of the entire cycle100x programmedWhile many are buying “bluechip” Optimism or ADA which will be lucky as fuck to go up 6x this cycle Visionaries buying $NPC pic.twitter.com/r18t3mSrRa
— 0xgm.eth (@0x_gm) July 23, 2024
Moreover, he noted that while many are buying ‘bluechip’ crypto assets like Optimism or ADA, which might only see a sixfold increase this cycle, visionaries are focusing on NPC.
This highlights his belief in NPC’s potential to outperform more established crypto assets
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Another crypto influencer, financor, emphasized NPC’s current market cap and its undervaluation.
He tweeted,
“$NPC is the number 1 meme on the internet yet many of you guys fail to realize this. Only 250m Marketcap. It’s insane how undervalued it is. This reality will soon set in the minds of mainstream media and it will flip $SHIB, $DOGE, $WIF. It literally is programmed to do so.”
His tweet highlights the community’s belief in NPC’s future growth and potential to surpass other popular meme coins.
Read also: Bitcoin Will Enter ‘Parabolic Phase’ Soon, Predicts Elite Crypto Analyst, But…
Price Analysis and Market Sentiment
According to data from CoinGecko, NPC’s price has fluctuated but remains in an upward trend. Despite a recent decline to $0.02885, the 49.33% increase over the past week indicates strong market interest. The trading volume of $9,023,930 reflects active participation from traders and investors.
The optimism expressed by key figures in the crypto community contributes to NPC’s growing popularity. Their tweets highlight a broader sentiment that NPC could be a key player in the memecoin market.
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