Niu Lai meme coin surges more than 510% after Aster perpetual futures launch

  • Niu Lai rose more than 510% after launching on Aster’s perpetual futures market.
  • Wallet 0x463e held 1.13 million Niu Lai tokens in a 5x leveraged position.
  • The reported activity remains a dated observation pending evidence on persistence and liquidity.

The Niu Lai meme coin rose more than 510% after being listed on Aster DEX perpetual futures, contracts without a fixed expiration date. Lookonchain reported that wallet 0x463e opened a 5x leveraged long in 1.13 million Niu Lai tokens, with the position valued at about $111,000. The trade showed an unrealized profit of approximately $49,500, equivalent to a 223% return. The figures represent a dated market snapshot rather than a forecast, and meme coins and leveraged contracts can experience sharp price swings. Follow-up evidence will include whether the activity persists after the initial move and whether liquidity remains available across venues.

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