TLDR:
- Market: Nailong ($NAILONG) achieved an all-time high (ATH) market capitalization of $15.4 million with the present market capitalization of $13.3 million and 24-hour volume of $3.7 million on August 14, 2025.
- Narrative: Solana memecoin $NAILONG derives its name from Nailong, a rounded, cartoon-style “milk dragon” cartoon character created by Shenzhen Seventh Impression Culture & Media. It debuted in 2020 in Douyin and is crafted to surf the wave of going viral in merchandising, sci-fi missions, and plush toy in-licensing in China and Southeast Asia, fueling its speculative growth in Solana’s active network.
Nailong ($NAILONG), contract address mkvXiNBpa8uiSApe5BrhWVJaT87pJFTZxRy7zFapump, ventured into Solana’s meme coin world with the all-time market cap of $15.4 million, the current one of $13.3 million, and the 24-hour volume of $3.7 million on August 14, 2025. Based on Solana’s low-fee, high-speed blockchain, $NAILONG is inspired by Nailong, a chubby, CGI-animated dinosaur-like figure who, in Mandarin Chinese, is called by the sound of “milk dragon.” Developed by Seventh Impression Culture & Media of Shenzhen, created by Xie Cheng’en and designed by Lu Siying, Nailong first appeared on Douyin (China’s TikTok) on January 22, 2020, and has since become a merchandising giant, powering $NAILONG’S Solana speculative market. The Douyin narrative is similar to $DAZHUANG.
Whereas the majority of the mascots were attached to stories, the name Nailong had short-form shareability and merchandisability in mind, and the lighthearted, sunglass-wearing, car-driving character resonated with Douyin consumers. The franchise of videos featured a sci-fi storyline where Nailong had adventures with a kid named Xiao Qi with comedy and a “live and let live” lifestyle. By 2024, the franchise had burst into plush toys, rollercoaster experiences, and licensed partnerships throughout China and Southeast Asia and had become a cultural phenomenon.
Its community-based future plans, for example, NFTs for space exploration and special meme festivals, resonate with Solana’s dynamic ecosystem. Pump-and-dump trading and merchandise hype risk come with it, as do other such volatile projects.
Read more meme coin narratives on the MevX Blog!
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