Rocketing 80.82% in 24 Hours, Why is Nexpace (NXPC) Up Today (5/16/25)?

Updated

May 16, 2025

Gambar Rocketing 80.82% in 24 Hours, Why is Nexpace (NXPC) Up Today (5/16/25)?

Jakarta, Pintu News – Nexpace crypto token (NXPC) stole the market’s attention today, May 16, 2025, after recording a drastic price surge of 80.82% in the past 24 hours. This significant increase made NXPC one of the most trending digital assets on CoinMarketCap, sparking curiosity among investors as to the factors behind this sharp rise.

The image above displays the Trending Coins list on CoinMarketCap, which shows the most popular and talked about crypto assets at the moment. On the list, NEXPACE (NXPC) is ranked 3rd as a trending crypto, a remarkable achievement considering its recent significant price spike.

With the current price at $2.68, NXPC recorded a fantastic gain of +80.82%, making it one of the best daily performing assets compared to the other cryptos on the list. This shows the high interest and enthusiasm the community and investors have for the project.

For comparison:

Bitcoin remains in first place at $103,815.46, edging up 0.35%.
SUI in second place actually experienced a decline of -1.20%.
While other big cryptos such as ETHFI and ADA fell -0.35% and -4.05% respectively.

NXPC’s dominance in the third position with the highest price growth confirms that the token is gaining huge momentum in the market, and deserves to be in the spotlight of crypto players right now.

Also read: 3 Crypto AI Agents that Could Rise 10x as Bitcoin Bullish in 2025

NEXPACE (NXPC) Rockets 80% in 24 Hours

The chart above shows the price movement of the NEXPACE (NXPC) token over the past 1 day. The price of NXPC experienced a significant spike, rising 80.67% to $2.68, from lows of around $0.10 previously, according to analyst comments alongside the chart.

At the beginning of the day, the price of NXPC rose sharply to a peak around $3.8674, then corrected and stabilized in the range of $2.60 – $2.70. Despite the decline from the peak, the chart shows a steady consolidation of prices, indicating the possibility of accumulation and the formation of new support.

The 24-hour trading volume was very high, reaching $2.27 billion, signaling great market interest in this asset. The market capitalization also rose to $454.12 million, with a maximum total supply of 1 billion NXPC, while the number in circulation is only 169.04 million NXPC.

Community sentiment is very positive, with 80% of voters being bullish, indicating optimistic expectations for future price movements. If the price is able to cross the $2.70 resistance level again, the next price spike is likely as mentioned by analyst Amina Chattha.

Also read: 5 Most Popular Solana Memecoins in May 2025

What are the main factors for NXPC’s price increase today?

According to Crypto.news, this significant price increase was triggered by the announcement of NXPC’s listing on several top-tier crypto exchanges, including Binance Spot, KuCoin, MEXC, Bitget, Gate.io, and Bithumb. These listings increased the token’s exposure and accessibility, prompting a tremendous surge in trading volume.

In the first three hours after launch, NXPC’s trading volume surpassed $1 billion, with more than $240 million processed on Binance and around $100 million on Upbit, South Korea’s largest crypto exchange.

In addition, NXPC debuted through the Binance Alpha platform, allowing qualified users to claim the token airdrop. This program contributed to increased community interest and participation in the token.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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