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MainNewsRaydium Pric...

Raydium Price Slumps as Pump.fun’s New AMM Sparks Liquidity Shift Fears


by Peter Mwangi
for CoinEdition
  • Raydium (RAY) drops 22.9% as Pump.fun plans its own AMM liquidity pool.
  • Pump.fun’s internal liquidity pool could disrupt Raydium’s role in meme token liquidity.
  • Raydium faces continued bearish momentum, with key indicators showing downward pressure.

Raydium Protocol’s token (RAY) has taken a hit, dropping 22.9% and currently trading at $3.30, according to Coingecko data. This significant drop comes as reports surface suggesting that Pump.fun is developing its own Automated Market Maker (AMM), potentially cutting out Raydium as the third-party liquidity provider for its platform. 

As Pump.fun gears up to launch its testnet AMM liquidity pool, the market is reacting strongly to the growing possibility of a shift in how liquidity is handled across the network.

Pump.fun’s AMM: Aiming to Boost Meme Token Liquidity

Pump.fun’s plan to create its own AMM is all about improving the liquidity exp…

The post Raydium Price Slumps as Pump.fun’s New AMM Sparks Liquidity Shift Fears appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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MainNewsRaydium Pric...

Raydium Price Slumps as Pump.fun’s New AMM Sparks Liquidity Shift Fears


by Peter Mwangi
for CoinEdition
  • Raydium (RAY) drops 22.9% as Pump.fun plans its own AMM liquidity pool.
  • Pump.fun’s internal liquidity pool could disrupt Raydium’s role in meme token liquidity.
  • Raydium faces continued bearish momentum, with key indicators showing downward pressure.

Raydium Protocol’s token (RAY) has taken a hit, dropping 22.9% and currently trading at $3.30, according to Coingecko data. This significant drop comes as reports surface suggesting that Pump.fun is developing its own Automated Market Maker (AMM), potentially cutting out Raydium as the third-party liquidity provider for its platform. 

As Pump.fun gears up to launch its testnet AMM liquidity pool, the market is reacting strongly to the growing possibility of a shift in how liquidity is handled across the network.

Pump.fun’s AMM: Aiming to Boost Meme Token Liquidity

Pump.fun’s plan to create its own AMM is all about improving the liquidity exp…

The post Raydium Price Slumps as Pump.fun’s New AMM Sparks Liquidity Shift Fears appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Fresh Altcoin Rally Builds With Ethereum, XRP, Solana Leading Breakout Signals

Fresh Altcoin Rally Builds With Ethereum, XRP, Solana Leading Breakout Signals

As Bitcoin continues to trade strongly, altcoins are showing signals of a potential b...
XRP Holds $2.20 Support as April 30 Nears – ETF Buzz Fades, Traders Eye Next Move

XRP Holds $2.20 Support as April 30 Nears – ETF Buzz Fades, Traders Eye Next Move

XRP is currently trading near $2.28, slightly below its recent high of $2.35, and jus...