NXPC has taken the spotlight. This token, tied to the blockchain game MapleStory Universe, launched across major exchanges on May 15. Crypto price quickly surged past $3, placing its fully diluted valuation at $3 billion.
The rush was not just about nostalgia. Airdrops offered up to $600 per wallet, pushing the hype even further. Players and traders poured in, drawn by memories and money alike. MapleStory once dominated online gaming in the 2000s.
Today, it returns as a Web3 game. This comeback brings more than just a familiar name. Nexon’s blockchain arm, NEXPACE, powers this shift. Their strategy uses two tokens—NXPC for governance and NESO for game utility. The model aims to balance token value with game use. Yet, many see it as another path for quick gains.
NXPC trades above GameFi Veterans
Trading activity exploded. NXPC’s volume hit $6.85 million in a single day. Major exchanges like Binance and Upbit listed the token quickly.However, Futures markets opened with strong interest. At one point, funding rates dropped below zero. Short sellers paid long positions, a sign of strong upward pressure.
Still, the game itself remains in beta. No one knows yet how stable the in-game economy is. Real players haven’t tested its systems at scale. Past hits like Axie Infinity offer a warning: speculation fades fast without real value underneath.
The token’s early price now matches or exceeds many older GameFi tokens. It trades higher than Mobox and Axie Infinity. It competes with Decentraland and The Sandbox in valuation. Hopes for a climb to $15 or more echo past market peaks. But the current market doesn’t yet support such optimism.
MapleStory Turns to Crypto Rails
However, the game promotes a “Create-to-Earn” system. Players can design in-game items and sell them as NFTs. NXPC plays a key role here. But low creator activity could weaken demand. Many projects tried similar models and failed.
Korean traders also shape this story. South Korea remains a strong force in crypto markets. Local sentiment could lift or sink NXPC. Early momentum looks strong, but long-term value must still prove itself.
Nonetheless, mapleStory has returned. But this time, it must win over not just fans, but investors, builders, and a cautious market. The game has changed. Now it must show it can play by new rules.
