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Cryptocurrency News Articles
Non-Playable Coin Solana (NPCS) Skyrocketed 800% in the Past Month, But Is It Too Late to Buy?
Oct 17, 2024 at 05:38 pm
The Non-Playable Coin Solana price skyrocketed 74% in the last 24 hours to trade at $0.03439 as of 3.30 a.m. EST on trading volume that soared 162%
Solana price hit a new all-time high after rising by double digits in the past 24 hours to trade at $0.02973 as of 11.10 p.m. EST on trading volume that soared by 120% to $4.1 million.
The project went live about two months ago and quickly dropped before returning to the launch price around Oct. 7. About a week later the project started a surge that took its price up nearly 280% in a week, and it’s now up 800% in the past month.
As the growth started, the NPCS project announced that it is pursuing a market cap of $1 billion and that it plans to go beyond that in due time. In the next 12 or so months, the project intends to work tirelessly to complete its roadmap, improve the fundamentals, and become a billion-dollar meme coin.
The $NPCS Road to $1 Billion Dollar Marketcap and beyond is now clear. Over the next 12~ months we will be working tirelessly to complete the roadmap, improve the fundamentals, and become a billion dollar meme project. We are about to embark on a historic journey. Join us for… pic.twitter.com/01MjwzZvp5
— $NPCS (@npc_onsolana) October 14, 2024
The first steps on that journey were announced on Oct. 16 when NPCS said that it secured significant funding and backing from one of the leading VC firms in the Web3 space: Victus Capital.
NPCS is delighted to announce we have secured significant funding & backing from one of the leading VC firms in #Web3 @Victus_Capital
This investment partnership will enable us to grow at an even greater speed and meet our major roadmap targets in a shorter time scale – which… pic.twitter.com/Ita9jJEXbS
— $NPCS (@npc_onsolana) October 16, 2024
The project says the partnership will allow NPCS to grow at a faster speed and meet its roadmap targets in a shorter time.
Non-Playable Coin Solana Price Prediction
The NPCS price has hit a new all-time high after rising to $0.02973 at the time of writing. The price hit a major resistance at $0.025 a few days ago, but it managed to breach it after a brief consolidation period below it.
Now, the price is pushing to turn this previous resistance into support, which would allow NPCS to continue rising higher towards the next resistance at $0.031. If the momentum carries it through this level, it could hit $0.035 before the next major resistance.
The project’s Bollinger bands are widening once again after the latest price recovery, which took the meme coin’s value back to the upper band. This is allowing it to push it further up, which are both bullish signs that might indicate that the next resistance will be broken soon.
However, the token’s Relative Strength Index (RSI) value shows a value of 63.73 at the time of writing, suggesting that there isn’t much room left to grow. Typically, once the RSI climbs up to 70, many traders start selling to take profit, as this is when the token enters the overbought zone.
Right now, RSI is rapidly approaching this level, and while the price is likely to go beyond the resistance at $0.031, it remains to be seen whether it can turn into a support, or if it will be rejected again.
Promising Alternative To Non-Playable Coin Solana
After such a massive pump, it may be too late to buy Non-Playable Coin Solana. So traders looking for new opportunities might consider an upcoming project like Memebet Casino (MEMEBET Token), which has surged past $472k in funds raised in its presale.
ClayBro, a popular crypto YouTuber with over 130k subscribers, says the token has 100x potential after it launches.
Memebet Token is a GameFi project that has created the first platform to allow people to wager on thousands of games with meme coin titans like DOGE, SHIB, and PEPE.
Similar platforms exist, of course, but none of them are meme coin-specific.
You can join the ICO by purchasing MEMEBET Token with ETH, USDT, BNB, MATIC, or credit/debit cards, and join over 1,500 others who have already added MEMEBET Token to their portfolios.
Buy before a price hike in about two days to secure the best deal.
Visit the official MEMEBET Token website here.
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