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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

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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

Bitcoin Breaks $121K as XRP, Chainlink, Solana, SUI Gear for Breakout

Bitcoin Breaks $121K as XRP, Chainlink, Solana, SUI Gear for Breakout

The crypto market is showing strong bullish momentum, with Bitcoin leading the charge...
Crypto Market Cap Back Above $4 Trillion, Traders Ask If This Signals Altcoin Rally Start

Crypto Market Cap Back Above $4 Trillion, Traders Ask If This Signals Altcoin Rally Start

The total crypto market cap closed back above $4 trillion on October 1st, a 4% single...