BlockBeats News, January 20th, according to GMGN data, the BAGS ecosystem Meme token NPM experienced a short-term sharp drop, with a market value plummeting from a high of $8.9 million to $800,000, a drop of over 80% in 1 hour, with a trading volume of $13.2 million in the first 5 hours of trading.It is reported that the narrative of the NPM token pays tribute to Isaac Z. Schlueter, the founder of the world's largest package manager NPM, who is revered as the "V God" of the programmer world.BlockBeats reminds users that Meme coins often lack practical use cases, have large price fluctuations, and investment should be approached with caution.
