Altcoin News

Elon Musk’s Video Post Pumps This Meme Coin By 42%

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Billionaire Elon Musk on Saturday shared a video on the non-player character (NPC) meme originally posted by Mario Nawfal, host of Mario Nawfal’s Roundtable. A meme coin related to the non-player character (NPC) meme saw a sudden rally as Musk unintentionally triggered a rally in the crypto.

Elon Musk Pumps NPC Meme Coin

Tesla and SpaceX founder Elon Musk posted a video about the non-player character meme. However, he unintentionally triggered a rally in Non-Playable Coin (NPC), which is a meme-based coin on one of the most recognizable memes on the internet.

Non-Playable Coin is a meme coin on Ethereum and Base. Notably, it was created last year after Musk appreciated a post on a non-player character last year. It is the second time Non-Playable Coin was unintentionally pumped by Musk.

The video was meant to refer to the fact that the vast majority of humans are non-player characters in real life. They don’t use their mind and repeat what has been programmed. It’s an old video edit from American podcaster Joe Rogan’s podcast The Joe Rogan Experience.

The post was originally shared by Mario Nawfal, host of Mario Nawfal’s Roundtable, and then reshared multiple times on X. Musk also shared the video bringing reactions from degens related to Non-Player Character meme.

Also Read: Bitwise CEO Discloses Huge Bitcoin ETF Buying By Large Bank In US

Coin Price Pumps 42%

NPC price continues to rally after some linked it to Elon Musk. The price is currently trading at $0.02463, with a 24-hour low and high of $0.0165 and $0.02482, respectively. Furthermore, the trading volume has increased by 70% in the last 24 hours, indicating a rise in interest among traders.

Crypto prices typically jump after Musk shares anything related on X social media platform. There had been several instances of pump and dump by degens by linking these crypto to him. Crypto such as Dogecoin, Pepe Coin, and Shiba Inu pumped after Musk shared a related image or video related to these projects. Traders must do due diligence before investing in these coins.

Also Read: CoinDCX CEO Issues Dire Warning About WazirX Compensation Mails

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Varinder Singh

Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.

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