NPM Founder Manipulated Coin Price, NPM Market Cap Rises to $2 Million After Sharp Decline

BlockBeats News, January 20th, NPM founder Isaac Z. Schlueter posted after the NPM token hit rock bottom, manipulating the price, "I cannot overstate how grateful I am for everything the crypto community has done for me, it's really amazing, I have added the NPM token link to my GitHub profile and sponsor dashboard."

As a result, according to GMGN data, the BAGS ecosystem Meme token NPM market cap has rebounded from a low of $800,000 to $2 million. NPM experienced a short-term sharp drop about an hour and a half ago due to Isaac Z. Schlueter's post "getting back to life," with the market cap dropping from a high of $8.9 million to $800,000, a drop of over 80% in one hour.

It is reported that the narrative of the NPM token pays tribute to the founder of the world's largest package manager NPM, Isaac Z. Schlueter, who is acclaimed as the "V God" of the programming world.

BlockBeats reminds users that Meme coins often lack practical use cases, experience significant price fluctuations, and investment should be approached with caution.