Pump Fun token launch might rock Pump.Fun in the future, but according to Polymarket, the odds of launch by the end of the year are still low.
No one thought meme coins would be one of the most successful “use cases” for blockchain.
In October, when writing, the industry was worth over $60 billion and was rising.
Although some of the most successful meme coins, commanding over $10 billion, were among the first, numerous tokens are deployed on Ethereum, its layer-2 ecosystem, and competing platforms like Solana and Tron.
Unlike Ethereum, there are dedicated meme coin factories on Solana and Tron.
Solana has Pump Fun, while Tron has SunPump.
Although Tron mirrored what Solana developers did, there is activity in Pump Fun as those in SunPump fade—and there is solid data to support this.
Pump Fun To Launch Its Own Token?
Amid this, there is a new and exciting development: Pump Fun, the team recently revealed , could launch their native token.
The bad news? There is no specific timeframe.
If anything, the token may launch next month, by the end of the year, or even in 2025.
The good news is that active meme coin deployers stand to benefit from free airdrops.
We saw it in EigenLayer, Uniswap , and many other projects before.
The launch of the Pump Fun token will be an appreciation for platform users, with some projecting even more liquidity once the token hits the secondary markets.
It remains to be seen whether the token will fly on launch or whether restrictions will apply.
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Will This Coin Soar Like SOL Price?
Considering the billions Pump Fun has generated for the team, pumping SOL
Price Trading volume in 24h Last 7d price movement –would be massive for token holders.
If the success of the Solana rally is pumped by the meme coin explosion driven by Pump Fun leads, its token will likely rise 100X.
Most importantly, the token would have utility, and holders would be rewarded for the platform’s revenue .
( Source )
As expected, revenue sharing would make it more sustainable, boosting engagement and benefiting all network users.
In addition to the token, Pump Fun plans to launch a trading terminal for professional users.
Pump Advanced portal will offer live charts, holder statistics, and more.
Polymarket Punters Don’t Expect Token Launch In 2024
While excitement is high, Polymarket data shows that only 25% of punters expect Pump Fun to launch that token by the end of the year.
What’s more? Engagement is low.
( Source )
Compared to the Trump-Harris market, which commands billions in volume, the Pump Fun market only has roughly $43,800 in volume.
This low level of engagement means punters don’t expect this token to go live by the end of the year.
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