[Meme Token NPM Plummets Over 80% in a Short Time, Market Cap Drops to $800,000] BlockBeats News, January 20: According to GMGN data, the BAGS ecosystem Meme token NPM experienced a sharp drop in a short period, with its market cap falling from a peak of $8.9 million to $800,000, a decline of over 80% within an hour. The trading volume reached $13.2 million within 5 hours of launch. It is reported that the NPM token narrative is a tribute to Isaac Z. Schlueter, the founder of the world's largest package manager, NPM, who is hailed as the 'Vitalik Buterin' of the programming world. BlockBeats reminds users that Meme tokens often lack practical use cases, are highly volatile, and require cautious investment.