Latest News

Raydium has dropped below a key support level as Pump.fun AMM launch causes fear, uncertainty, and FUD in the market.

Raydium (RAY) is a decentralized exchange (DEX) and automated market maker (AMM) built on the Solana blockchain. it offers fast transactions, low fees, and seamless liquidity within the Solana ecosystem.

This is a segment from the Lightspeed newsletter. To read full editions, subscribe.

A Raydium contributor doubts the memecoin factory could replicate its success.

Raydium (RAY) has lost 27% of its value in the past 24 hours amid rumors that Pump.fun, the popular Solana-based protocol used to create meme coins, could soon launch an automated market-maker (AMM).

Pump.fun's AMM plans could disrupt Solana's DeFi scene, threatening Raydium's liquidity dominance and sparking a double-digit RAY price drop.

TL;DR Pump.fun is developing a new AMM that could displace Raydium as the primary liquidity provider on Solana, shifting the dynamics of meme coins. The RAY cryptocurrency saw a 28.10% drop in 24 hours due to speculation about the impact of this new AMM. Pump.

Pump.fun is testing its own AMM, potentially replacing Raydium as the default exchange for its tokens, which could significantly reduce Raydium's trading volume and fees. The post Pump.fun AMM Rumors Trigger 28% Decline in Raydium Token (RAY) Price appeared first on Cryptonews.

Raydium's native token, RAY, has faced substantial declines amid growing speculation that Pump.fun, a leading Solana(SOL)-based meme coin launchpad, is testing its own Automated Market Maker (AMM).

Pump.fun is secretly testing the development of a new AMM exchange that could replace the partner Raydium.

Raydium's native token plummeted on Monday as bearish sentiment limited Bitcoin's movements around $95K. While broad market weaknesses contributed to RAY's slump, rumors of Pump.fun's upcoming AMM pools dented Raydium's DEX business. These speculations have seen Raydium's market cap dipping from $1.237 billion to press time's $905K within hours. Pump.

Pump.fun is quietly testing its AMM to offer liquidity pools for its graduated tokens and potentially reduce reliance on Raydium.

One X user reported earlier that Solana memecoin launchpad pump.fun is working to launch its own AMM functionality.

Raydium's token price fell 22% after the discovery of Pump.fun testing its own automated market maker system, which could redirect trading volume away from Raydium's platform.

Pump.fun AMM Development could disrupt Raydium's dominance on Solana, driving RAY token down by 22% in 24 hours.

Crypto watchers noticed the popular Solana tool apparently testing its own AMM in early Monday hours, dampening sentiment for tokens of its existing exchange.

Raydium's token has dropped 25% after an onchain sleuth said they found Pump.fun was making a protocol that could cut off a source of the DEX's revenue.

Pump.Fun developing its own automated market maker could threatening Raydium's market dominance, Decrypt was told.

Pump.fun, the popular Solana-based memecoin launchpad, is reportedly testing its automated market maker which could replace Raydium as the default decentralized exchange for graduated tokens.

Most altcoins have crashed by double digits in the past few weeks. Solana, Bonk, Pepe, and Raydium prices have plunged by double digits, meaning that they have moved into a deep bear market. So, let's explore why these altcoins have plunged and what to expect in the near term.

Raydium (RAY), a decentralized exchange (DEX) and liquidity provider built on the Solana blockchain, has seen significant growth and adoption since its inception. The platform works in collaboration with Serum DEX, leveraging an automated market maker (AMM) model to provide liquidity.

Raydium has jumped by 15% today, with the Solana-based coin rising to $5.60 as the cryptocurrency market suffers a 0.5% dip in the past 24 hours.

Cryptocurrency prices were on edge on Tuesday morning as investors waited for the upcoming Jerome Powell's congressional testimony and US consumer inflation data. Bitcoin traded at $97,000, while the crypto fear and greed index was at $3.2 trillion. This article explores the forecast of key cryptocurrencies like IOTA, Raydium (RAY), and Litecoin (LTC).

PancakeSwap (CAKE) token rose to a high of $2.1600, up by over 75% from its lowest level this month, bringing its market cap to $556 million.