Well, to be honest it's one of the best sounding names. It sounds funny, you imidiatelly knows what's it about, and it rolls nice of the tongue. You can even say it really funny like ''loliparpul, lolipurpal'' etc. It's a good name and pretty good OC. Not often do you see lolis WITH the tentacles. Most of the time you see them getting ******* by them.. ^^;
So does this mean you're actually a pretty active artist? Why not upload the stuff on pixiv and let yourself bask in japanese glory and wwwwwwwwwwwww's. It feels awesome trust me.