Raydium Price Slumps as Pump.fun’s New AMM Sparks Liquidity Shift Fears
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- 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.
LATEST: $RAY (@RaydiumProtocol) falls by 22.9% to $3.30 as multiple reports emerged that @pumpdotfun intends to launch its own Automated Market Maker (AMM).
— CoinGecko (@coingecko) February 24, 2025
Track Raydiumhttps://t.co/Y92TGgMxzb pic.twitter.com/ZLNh3LCeZj
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.
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