Introduction

In the previous article, we covered Pumpkin's features. Now, we’ll explore its market potential. This article will be insightful for those looking at Pumpkin from an investment perspective.

The Growth of Meme Tokens

Since the launch of Pump.fun, the process of creating meme tokens has become incredibly simple, leading to a massive rise in new token projects. To give you an idea of its scale, over $24 billion in meme tokens have already been deployed on Solana with over $8 Billion of meme tokens just through Pump.fun, fueling rapid growth in the meme token market.

Projections for Pumpkin:

Our goal is to gain a significant portion of the competitor meme market on Solana, with an initial focus on securing an 8% market share.

To remind you, Pumpkin has two sources of revenue:

• Transaction fees paid in SOL, which go towards $PKIN stakers.

• Transaction fees paid in “TOKEN”, which are entirely locked up in the Pumpkin fund backing the $PKIN token.

Both revenue streams combined will yield approximately $15M in fees per month or $180M per year.

We have taken the average price of Solana for this, which is $180. However at its all-time high price, the protocol will be generating $20M in fees per month or $240M per year.

However, these figures are based on a set of assumptions:

• The meme market available to Pumpkin is 8% of the biggest competitor's market share.

• The protocol fee for buys is fixed at 0.5%.

• The protocol fee for sells is fixed at 1%.

Example:

Let’s break down an example using the popular token, $FWOG with a total trading volume of $2.1B:

• Earnings with the Competitor: When launched with our competitor, the token’s creator earned only $124.

• Earnings with Pumpkin: If launched on Pumpkin, the results would be drastically different.

  • The creator would have earned over $3.5M in SOL.

  • $FWOG stakers would have received more than $4.1M in SOL.

  • The Pumpkin protocol would have distributed over $4.1M in SOL to $PKIN stakers from this one token.

  • The Pumpkin fund would have accumulated over $10.2M worth of $FWOG tokens, all locked to back the $PKIN token.

This highlights the immense potential of Pumpkin for creators, stakers, and the protocol itself.

Now the question is why would people use Pumpkin in the first place?

• Revenue for Token Creators: Token creators earn real revenue in SOL through milestones and trading fees without worrying about sell pressure.

• Staking Rewards: Holders also earn real revenue in SOL through staking, reducing sell pressure and encouraging long-term engagement.

• Milestone Virality and Live streaming: Token creators can set milestones and stream them to gain significant traction, increasing the token's chances of going viral.

• Pumpkin Fund: By holding $PKIN, users can access every token launched on Pumpkin.

Milestones and Live Streaming

We’re seriously excited about this new feature—it’s a total game-changer! By combining GoFundMe and Twitch, Pumpkin allows creators to raise funds for anything, from a cool invention to a personal project.

The first milestone payout is small to keep creators accountable, but it grows as they hit goals. This makes the potential for Pumpkin even bigger.

We’ve designed our dApp to be additive and will keep improving it to provide even more value.

For more on milestones, check out our last article!

Final words

Pumpkin’s potential goes far beyond being just another token launchpad. With innovative features, dual revenue streams, and alignment with market trends, it’s designed for significant growth.

Projections show strong earnings for token creators, stakers, and the protocol itself, ensuring both short-term success and long-term sustainability. Pumpkin is set to redefine the meme token market while creating real value for its community.

Get updated

Here are some quick links to get updated on what’s happening in Pumpkin.

Website:  https://pumpkin.fun/

Telegram: https://t.me/pumpkindotfun

Twitter:  https://x.com/pumpkindotfun