Non-Playable Coin (ETH: $NPC) is a meme coin whose goal is to transform NFT culture and make it accessible to the masses. The project’s developers view most NFT collections’ limited supply as their downfall. To solve this, it launched NFTs that are easily convertible and tradable.
The Non-Playable Coin Solution
During the NFT boom, most NFTs were built using the ERC721 standard, which limits the total number of NFTs per collection to around 10,000. Non-Playable Coin re-imagined the NFT concept using the ERC1155 token standard, which makes the storage and sharing of NFTs much easier. Additionally, there is no constraint on how many NFTs can be launched.
Best of all, ERC1155 NFTs are extremely liquid since they can be traded on Uniswap as meme coins, as well as NFT marketplaces. Holders of the ERC1155 standard NPC tokens can switch between the two modes 1:1 via a dApp on the project’s website.
In essence, the NPC meme coin is the first NFT-meme coin hybrid, which has been dubbed a meme fungible token (MFT). It can be traded as a meme coin on exchanges like Uniswap under the NPC ticker or as a JPEG on NFT marketplaces that support the ERC1155 token standard, such as Sudoswap or OpenSea using the NPCMFT ticker.
THE NPC Tokenomics
THE NPC tokens, which launched on July 29, 2023, have a total supply of 8,050 126,520, which was the total human population on that day. It comes as both an ERC20 standard NPC token and an ERC1155 standard NPCMFT. Both modes are easily convertible on a 1:1 basis, as mentioned above.
The tokens do not have any tax on tractions, and the developers held a fair launch, with 99% of all NPC tokens sent to a Uniswap liquidity pool on the launch date. The remaining 1% was sent to NFT marketplaces.
Additionally, the liquidity pool smart contract was locked and renounced, which means the tokens are not vulnerable to price manipulation. The team has also been honest about their purpose, and the state there is none. NPC is designed as a meme coin for all humans on earth. Besides the Ethereum network, the tokens have been launched on Base, and Solana.
NPC Customization
Holders of the NPC tokens can create a customized NPC meme using an easy-to-use guide posted by the developer team on Medium. With over 200 traits to pick from, there are more than enough traits for every NPC meme in existence.
Non-Playable Coin Price Performance
Soon after its launch, the Non-Playable Coin (NPC) meme coin received widespread attention after Elon Musk posted a video on X in which Mario Nawfal was discussing the coin. Since then, NPC has been on an upward trend.
In the past 12 months, its value has risen by 10632.73%, and in the past week alone, it had risen 15%+ as of Thursday, November 7, 2024. On October 12, 2024, it reached a new all-time high of $0.03989, but has since fallen by 21.57% to $0.03107 as investors take profit.
The token bottomed on October 12, 2023, when its price hit $0.00005218, and it has since gained 59862.81% from the ATL. It has a market cap of $226.02 million, with a 24-hour trading volume of $5.53 million. Traders can access the coin on Uniswap v2 and various other exchanges such as MEXC, Gate.io, and BitMart.
Social Media Following
The NPC message of becoming a meme coin for the masses has resonated well with the crypto community, and it has 27.5K followers on X, and 9,003 subscribers on its Telegram channel.
Could NPC Be The Next $1 Billion Market Cap Meme Coin?
Looking at the Non-Playable Coin (NPC) chart, it has remained consistent, rising from new ATH to new ATH in 2024. Thus far, it has gained over 100X in just 12 months and now has a market cap of nearly a quarter billion.
To hit a $1 billion market cap, it would need to rise 4X in price, which seems plausible based on its historical performance. Consequently, NPC could potentially join the exclusive club of $1 billion market cap by 2025.
Disclaimer: This website provides information about cryptocurrency and stock market investments. This website does not provide investment advice and should not be used as a replacement for investment advice from a qualified professional. This website is for educational and informational purposes only. The owner of this website is not a registered investment advisor and does not offer investment advice. You, the reader / viewer, bear responsibility for your own investment decisions and should seek the advice of a qualified securities professional before making any investment.