Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
![Spring Festival merchandise](https://exampl
Programmer's "V God" boosts Meme Coin! NPM hits a market cap of 6.9 million in 4 hours after launch, with a trading volume of 6.4 million
On January 20, the Meme Coin NPM of the BAGS ecosystem was launched and immediately ignited the market — according to GMGN data, its market cap soared to $6.9 million in just 4 hours, then retreated to $5.4 million, with a 24-hour trading volume surpassing $6.4 million, becoming a hot topic in the crypto circle.
The core of this hype lies in the narrative of NPM: it pays tribute to Isaac Z. Schlueter, the founder of the world's largest package manager NPM, and is called "V God of programmers." This precise targeting of developers' sentiments has attracted a lot of attention from the tech community and Meme Coin enthusiasts during its initial launch.
As a new member of the BAGS ecosystem, NPM continues the "emotion-driven + concept hype" approach typical of Meme Coins. It has no real-world application scenarios and relies entirely on community enthusiasm and narrative support. Because of this, its price is extremely volatile, soaring immediately after launch and then quickly falling back, a typical Meme Coin pattern.
BlockBeats also reminds that such tokens have no real value; participating in trading is more like an emotional gamble. Investors should be cautious and avoid blindly chasing high prices. #加密市场回调 $BTC $ETH $SOL