Nikepig
NIKEPIG
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
NIKEPIG is a Cardano-native meme token created as a tribute to Charles Hoskinson's pet pig, currently operating under a pseudonymous Community Take Over (CTO) model since August 2024. The project exhibits significant structural weaknesses, including a lack of verifiable public development (Score: 1.5/10), low market capitalization ($258K-$377K) paired with thin or near-zero trading liquidity and absent utility beyond meme identity (Score: 2.0/10), and centralized governance reliant on operational wallets (Score: 4.5/10). Tokenomics (Score: 6.5/10) represent its strongest area due to a fair launch with zero creator allocation, no ongoing inflation, and a 10% burned supply. Two significant data gaps were identified: Community Support and Security & Audit History both lacked sufficient verifiable project-specific data (-1.0), and were excluded from the weighted scoring calculation. No qualifying red-flag events or confirmed fraud were established.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Nikepig (NIKEPIG)
NIKEPIG (Nikepig) is a meme token on the Cardano blockchain created as a tribute to Charles Hoskinson's rescued pet pig following a viral social media post. The project launched with an initial supply of 1 billion tokens, featuring no creator allocations, no vesting schedules, and no ongoing inflation. Approximately 10% of the token supply was burned, leaving roughly 900 million tokens in circulation. Utility around the token is speculative and community-oriented, accompanied by the Nikeverse profile-picture (PFP) NFT collection, staking, and community trading agents.
Since August 2024, NIKEPIG has operated under a Community Take Over (CTO) structure managed by a pseudonymous four-person team following the departure of the original founders. Governance is centralized without on-chain DAO proposal execution, although Nikeverse NFT holders participate in limited non-binding votes regarding raffles and floor sweeps. Project funds are handled through a designated multisig treasury wallet alongside an operational spending wallet that bypasses multisig requirements.
NIKEPIG faces multiple technical and liquidity risks. While early viral trading briefly drove its market capitalization past $38 million according to project documentation, the token has since experienced a substantial reduction in valuation to an estimated range of $258,000 to $377,000, accompanied by thin and inconsistent daily trading volume. Structurally, the project lacks public code repositories, roadmap updates, and formal smart contract security audits. Additionally, an exploit in its broader ecosystem previously forced the temporary suspension of an integrated wagering integration with Danzo Casino before it was secured.