$NXPC hit a fresh all-time low today — then bounced about 14% off it. And this time there is a real reason behind it. 🔥
$NXPC is now $0.1533, up 5.1% in the last 24 hours on $5.3M volume. It dipped to $0.1339 earlier today, then climbed back — and it touched $0.1806 at the day's high.
The reason: Nexpace (MapleStory Universe) plans to burn about 95.7 million NXPC in December — roughly 30% of the coins in circulation. On top of that, weekly reward emissions get burned for at least 52 weeks from December, and the Reactor mechanism shuts down.
The chart, from live 1h candles right now:
• Support: $0.148, where it bounced twice today
• Resistance: $0.163, then $0.1806 — today's high
• Trigger: a clean hourly close above $0.1806 keeps the bounce going
• Invalidation: below $0.134, and it is back at the all-time low
But be honest with yourself: a burn plan is still a plan, and December is weeks away. NXPC is still about 96% below its all-time high of $3.77. This could be the start of something, or just a bounce on a headline.
Does a big burn plan change how you look at a coin sitting near its all-time low?
#Nexpace #GameFi
Not financial advice.
$NXPC is now $0.1533, up 5.1% in the last 24 hours on $5.3M volume. It dipped to $0.1339 earlier today, then climbed back — and it touched $0.1806 at the day's high.
The reason: Nexpace (MapleStory Universe) plans to burn about 95.7 million NXPC in December — roughly 30% of the coins in circulation. On top of that, weekly reward emissions get burned for at least 52 weeks from December, and the Reactor mechanism shuts down.
The chart, from live 1h candles right now:
• Support: $0.148, where it bounced twice today
• Resistance: $0.163, then $0.1806 — today's high
• Trigger: a clean hourly close above $0.1806 keeps the bounce going
• Invalidation: below $0.134, and it is back at the all-time low
But be honest with yourself: a burn plan is still a plan, and December is weeks away. NXPC is still about 96% below its all-time high of $3.77. This could be the start of something, or just a bounce on a headline.
Does a big burn plan change how you look at a coin sitting near its all-time low?
#Nexpace #GameFi
Not financial advice.
