General Characteristics
PICKLE ($PICKLE) is a Solana-based meme coin that describes itself as the mascot of green candles. Inspired by Matt Furie's iconic Boy's Club comic, PICKLE positions itself as more than just a meme coin but a symbol of community resilience and triumph over adversity.
Initially launched in June 2024, PICKLE faced an initial setback when the developer rugged the token from a market cap of $5M market to $200K. But instead of allowing it to crash under pressure, a community rallied and took over the project, thus making it a true community takeover (CTO). Through sheer determination and collaborative effort, this dedicated community was able to build PICKLE from ground up.
The community aims to establish PICKLE as one of the top meme coins in the cryptoverse while building a solid community, rewarding loyal holders, and fostering sustainable growth.
Roadmap
PICKLE underwent rebranding to facilitate its listing on major CEXs and enhance accessibility and visibility. Aside from this, the roadmap for the meme coin has not been publicly revealed.
Functionality and Utility
While it touts itself as a deflationary token, PICKLE does not offer any utility as at the time of filing this report.
Market Performance and Dynamics
After the developer left $PICKLE at $200K, the token showed resilience, rising 4x to a market cap of over $1M at the time of filing this report. The meme coin trades at $0.0008581, representing a 13% decline in the past 24 hours. Its daily trading volume is $910.76K, with a liquidity of $143.89K.
$PICKLE has a maximum supply of 1.2B tokens with 1.17B already in circulation. Of the total, 250M has been allocated to treasury/marketing, 66M to its team (3 months vested), 115M liquidity provision (burned LP tokens), and 769M free float tokens.
The remaining tokens in the project treasury and community wallet will be allocated through community voting.
Community
PICKLE is still in the early stages of community development with 2.3K followers on X, 1.1K subscribers on Telegram, and 4.34K token holders.
Pros
- Community-focused
- Initial market surge
- Inspired by a popular comic
- Community governance model
- Dedicated community
6 Questions to the PICKLE Team
What inspired the creation of $Pickle? Was there a particular moment or idea that sparked the concept, especially considering its roots in Matt Furie's iconic Boy's Club comic?
Founder: The idea behind $Pickle really came from a place of wanting to combine the playful and irreverent spirit of meme culture with the potential of cryptocurrency. Matt Furie’s “Boy’s Club” comic has been a cornerstone of internet culture, especially in the meme world, so it felt like the perfect inspiration. We wanted to create something that was not only fun and relatable but also had the potential to build a strong, engaged community. That’s how $Pickle was born—a blend of humor, culture, and crypto.
Interviewer: $Pickle's origins are quite dramatic, coming from a project that was rugged. Can you share more about the journey from "rugs to riches"? How did the community come together to relaunch and redefine the project?
Founder: The journey from "rugs to riches" is really the heart of our story. After the original developer abandoned the project, it could have easily died out. But instead, the community refused to let that happen. People from all over the world came together, contributing their skills and time to pick up the pieces and rebuild. It was a true grassroots effort—everyone was involved, from initiating swaps and airdrops to stabilizing the project and setting a new course. It’s incredible to see how the community transformed $Pickle from a near-disaster into a thriving, community-driven project.
Interviewer: How does $Pickle differentiate itself from the plethora of other meme coins on the market? What unique features or innovations can the community look forward to?
Founder: What really sets $Pickle apart is our commitment to community governance and transparency. While many meme coins are driven by hype, we’ve built $Pickle around the idea that the community should be at the center of everything. Decisions about our treasury, project direction, and even tokenomics are made through democratic voting. We’ve also focused on rebranding and creating a strong identity for $Pickle—one that resonates with our holders and gives them something to rally around. Our SPL standard token and unique story of overcoming a rugged project add layers of depth that you don’t often see in this space.
Interviewer: What are the key milestones on $Pickle’s roadmap? How does the project plan to expand its ecosystem and continue providing value to its community in the coming years?
Founder: We’ve already hit some major milestones, like rebranding and issuing our new $PICKLE tokens under the SPL standard. Moving forward, we’re focused on expanding our ecosystem by building strong partnerships, exploring new utilities for the $PICKLE token, and continuing to grow our community. We’re also keen on maintaining transparency and keeping our community engaged through regular voting and updates. The goal is to create something that not only survives but thrives in the long term, bringing value to everyone involved.
Interviewer: Memecoins often face challenges in maintaining long-term relevance. What steps is $Pickle taking to ensure its sustainability and continued growth in the years to come?
Founder: Sustainability is definitely a challenge in the meme coin space, but we’re tackling it head-on. By putting governance in the hands of the community, we’re ensuring that $Pickle evolves according to the wishes of our holders. We’re also investing heavily in our branding and marketing to keep $Pickle visible and relevant. But beyond that, we’re focused on building real utility and value for our token, which will help sustain interest and growth over time. It’s about creating something that people want to be a part of not just today, but for years to come.
Interviewer: Can you tell us about the recent partnership with Gotbit for market making? How does this collaboration benefit $Pickle and its community?
Founder: For a meme coin as early as us, it's really a significant partnership, and a giant leap forward. They are one of the most experienced market makers, especially in the Solana and meme coin space. They know the ins and outs, and help us in many ways. It all starts with classic market making, where they stabilize our chart for us, aggregate upwards momentum, mitigate downwards movements, using state of the art AI algorithms. Beyond that, they have close relationships with all relevant CEXes, put us in touch, and recommend the best choices and right order to us. On top, they are well connected with the best KOLs, and advice us on product and go to market strategy. Overall, a gamechanger for us.
Official links
CA: Ebq94AXRowGvongb7TmDnf7p3PzHz3Vxg2tSs4zHjWgo
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This is a (daily) in-depth analysis by Memecoin Season about the most promising and/or successful meme coin projects within the dynamic blockchain space.
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