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$NXPC, the new token from Nexon’s blockchain gaming arm, is gaining massive traction—having surged over 100% following a wave of major exchange listing announcements and its market cap surpassing $500 million.
NEXPACE ($NXPC), the native token of the blockchain gaming project from South Korean gaming giant Nexon, is surging over 100%. Currently priced at $2.73, the token has jumped 115% since launch, reaching ATH of $3.84 within hours and pushing its market cap to over $550 million and a fully diluted valuation to $3.2 billion at its peak. However, the market cap and FDV have since retraced to $462 million and $2.73 billion respectively.
The explosive price action followed announcements of listings on several top-tier exchanges including Binance Spot, KuCoin, MEXC, Bitget, Gate.io, and Bithumb.
$NXPC saw more than $1 billion in total trading volume within the first three hours after launch, with over $240 million processed on Binance alone and another $100 million on South Korea’s Upbit. According to CoinMarketCap, Binance still accounts for the largest share of $NXPC trading volume at 24%, followed by PancakeSwap at 14%, with the majority of trades occurring against Tether (USDT).
$NXPC debuted via Binance’s Alpha platform, where users earn Alpha Points by holding eligible assets. Those with at least 187 points could claim 198 $NXPC tokens. The airdrop claim window runs from May 15 to May 16, after which remaining tokens may be redistributed or burned.