Is the token from Perp Dex launched on pump.fun real or fake?

Written by: Cookie, BlockBeats

As the market's attention focuses on the two tracks of Perp Dex and stablecoin protocols, Solana meme coins have almost become a thing of the past overnight. Although pump.fun's daily revenue remains quite substantial, players find it difficult to capture "golden dogs" worth tens of millions of dollars every day like they used to.

In this environment, the $nl token, which briefly surpassed a market cap of $10 million today, can definitely be called a "golden dog." This token launched from pump.fun is themed around "meme coins on Solana's Perp Dex." What’s interesting is that if it is a purely meme coin, it does indeed have a "product." Conversely, if it is a serious project, its product cannot be considered a qualified "serious" one, as can be felt from its full name, niggaliquid.

The developer of $nl is @10piecedawg, a well-known on-chain player famous for achieving a rise from $4 to $10,000 in just 48 hours.

Therefore, when $nl was first launched, no one thought it was serious. Whether it was the early meme tweet promotional content:

or the fact that it was a token launched from pump.fun, everyone wondered, "How could a serious project launch a token so hastily on pump.fun?"

But gradually, things began to get confusing… the dev rolled out a website and a referral points system, and everything seemed to start taking shape.

Subsequently, the official Twitter account began frequently posting Moonshot-style token listing announcements, and more players started to feel that this might not be a pure meme; it seemed to have some substance.

In fact, niggaliquid used Orderly's "Orderly One" no-code feature to launch Perp Dex. Comparing niggaliquid with ADEN, which was also created using "Orderly One," they are almost identical.

ADEN

niggaliquid

The meme coins mentioned in the tweets that were listed only have a Swap function on the niggaliquid Twitter profile page.

Thus, niggaliquid is playing a game of "cosplay" that is both real and fake, reminiscent of the bankrupt Enron company launching a token earlier this year, claiming to revive Enron and create the world's first residential micro nuclear reactor, but in reality, it was a meme show that broke the dimensional wall. (Related reading: A 28-year-old American guy launched a token for the once $70 billion Enron?)

When the market's Perp Dex craze meets the subcultural humor of Solana's "trench," $nl has become very popular, with many KOLs in the English-speaking community joining in on the joke:

Everyone is also making absurd jokes about niggaliquid, such as the extremely high transaction fee revenue:

For example, ETH has Hyperliquid, Binance has Aster, and Solana has niggaliquid:

Even inspired by niggaliquid, niggapay was also launched:

With the success of $nl, @10piecedawg's previously launched $niggabonk on bonk.fun has also shown some signs of revival.

In summary, $nl is a rather eye-catching absurd meme joke recently; it resembles $chillhouse while also carrying some satirical meaning like $fartcoin. This kind of humor can currently only be found on Solana and pump.fun.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。