Memecoins

Elon Musk’s video sends meme coin value soaring 42%

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Billionaire Elon Musk shared a video on Saturday about the non-player character (NPC) meme that was originally posted by Mario Nawfal, host of Mario Nawfal’s Roundtable. A cryptocurrency tied to the non-player character (NPC) meme has seen a sudden surge, with Musk unwittingly triggering a surge in the cryptocurrency.

Elon Musk Launches NPC Meme Coin

Founder of Tesla and SpaceX Elon Musk posted a video about the non-player character meme. However, it unintentionally sparked a rally for non-playable characters (NPCs), which is a meme-based play on one of the most recognizable memes on the internet.

The non-playable piece is a coin meme on Ethereum and Base. Notably, it was created last year after Musk liked a post about a non-player character last year. This is the second time the non-player coin has been unintentionally pumped by Musk.

The video was meant to refer to the fact that the vast majority of humans are non-player characters in real life. They don’t use their minds and repeat what has been programmed. This is an old video montage from The Joe Rogan Experience podcast by American podcaster Joe Rogan

.

The post was originally shared by Mario Nawfal, host of Mario Nawfal’s Roundtable, and then re-shared multiple times on X. Musk also shared the video, prompting reactions from degenerates related to the non-player character meme.

Read also : Bitwise CEO Reveals Massive Bitcoin ETF Purchase by Major US Bank

Coin prices increase by 42%

NPC price continues to surge after some linked it to Elon Musk. The price is currently trading at $0.02463, with a 24-hour low and high of $0.0165 and $0.02482, respectively. Additionally, the trading volume has increased by 70% in the last 24 hours, indicating an increase in trader interest.

Cryptocurrency prices usually spike after Musk shares something related to it on the social media platform X. There have been several instances of pump and dump by degenerates linking these cryptocurrencies to him. Cryptocurrencies such as Dogecoin, Pepe Coin,

and Shiba Inu were inflated after Musk shared an image or video related to these projects. Traders should do their due diligence before investing in these coins.

Read also : CoinDCX CEO Issues Stern Warning Over WazirX Compensation Mails

Varinder Singh

Varinder has 10 years of experience in the Fintech industry, with over 5 years dedicated to blockchain, crypto and Web3 developments. A tech enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5,000 news stories, articles and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative technologies of the future. He is currently covering all the latest updates and developments in the crypto industry.

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