> For the complete documentation index, see [llms.txt](https://nikepig.gitbook.io/nikepig/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://nikepig.gitbook.io/nikepig/whitepaper/nikepig-whitepaper/introduction.md).

# Introduction

The Nike Meme Coin ($NIKEPIG) emerged from a viral tweet by Cardano founder Charles Hoskinson, who shared a story about his pet pig, Nike. The amusing contrast of a pig typically associated with laziness and gluttony, sharing a name with one of the most iconic sports brand synonymous with hard work and grit caught the crypto community's attention. Within minutes, $NIKEPIG was created as a tribute to the pig, fueled by the community’s love for memes.

<figure><img src="/files/uE50NL3763svcjFXyiPv" alt=""><figcaption></figcaption></figure>

Charles later shared more of Nike’s backstory, revealing that the pig had been mistreated and, shockingly fed bacon by the previous owner. Thankfully, Nike was given a new life on Hoskinson’s ranch.

As the token’s popularity grew, its market cap soared past 38 million USD in a short span of a few days, surprising even Charles. Initially amused, he became a fan of the project, seeing it as a symbol of community driven engagement and a heartwarming tribute to his rescued pig. $NIKEPIG also drew users from other ecosystems like Ethereum and Solana to Cardano. While setting up wallets and exploring DEXs to acquire $NIKEPIG, many discovered and embraced the broader Cardano ecosystem, making $NIKEPIG a unique cross chain onboarding gateway.

<figure><img src="/files/OOYTkKLQzwqr8eTFezWb" alt=""><figcaption></figcaption></figure>

{% hint style="info" %}
$NIKEPIG is a memecoin on the Cardano Blockchain.
{% endhint %}
