{"id":14691,"date":"2025-02-24T13:47:39","date_gmt":"2025-02-24T13:47:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=14691"},"modified":"2025-02-24T13:47:39","modified_gmt":"2025-02-24T13:47:39","slug":"raydium-token-plunges-as-pump-fun-eyes-competing-amm-feature-on-solana","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=14691","title":{"rendered":"Raydium Token Plunges As Pump.fun Eyes Competing AMM Feature On Solana"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">Raydium\u2019s token (RAY) suffered a sharp decline on February 24 amid growing speculation that memecoin launchpad Pump<\/span><span data-preserver-spaces=\"true\">.fun<\/span><span data-preserver-spaces=\"true\"> is developing its <\/span><span data-preserver-spaces=\"true\">own<\/span><span data-preserver-spaces=\"true\"> automated market maker (AMM) feature. The potential competition could challenge Raydium\u2019s dominance in Solana DEX services.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The rumor <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/trenchdiver101\/status\/1893814646718730393\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">emerged from X<\/span><\/a><span data-preserver-spaces=\"true\"> (formerly Twitter) user \u201c<\/span><span data-preserver-spaces=\"true\">trenchdiver<\/span><span data-preserver-spaces=\"true\">,\u201d who claimed Pump<\/span><span data-preserver-spaces=\"true\">.fun<\/span><span data-preserver-spaces=\"true\"> is testing AMM liquidity pools. This technology allows users to trade cryptocurrencies directly against liquidity in smart contracts, eliminating the need for a traditional counterparty. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Trenchdiver also shared a link to a beta interface branded with Pump<\/span><span data-preserver-spaces=\"true\">.fun\u2019s<\/span><span data-preserver-spaces=\"true\"> logo, suggesting <\/span><span data-preserver-spaces=\"true\">that the<\/span><span data-preserver-spaces=\"true\"> project is well underway.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-ai-crypto-coins\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">10 Best AI Crypto Coins to Invest in 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Pump<\/span><span data-preserver-spaces=\"true\">.fun\u2019s<\/span><span data-preserver-spaces=\"true\"> Bonding Curve Bridges Meme Coins to Raydium Trading<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Currently, when meme coins launched on Pump<\/span><span data-preserver-spaces=\"true\">.fun<\/span><span data-preserver-spaces=\"true\"> attract sufficient trading activity, they transition to Raydium for further trading through a process called the \u201cbonding curve.\u201d <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, if Pump<\/span><span data-preserver-spaces=\"true\">.fun<\/span><span data-preserver-spaces=\"true\"> launches its AMM, it could retain these tokens within its <\/span><span data-preserver-spaces=\"true\">own<\/span><span data-preserver-spaces=\"true\"> ecosystem, potentially undercutting Raydium\u2019s role. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cIt seems they plan to have Pump tokens graduate to their <\/span><span data-preserver-spaces=\"true\">own<\/span><span data-preserver-spaces=\"true\"> pools instead of relying on Raydium,\u201d <\/span><span data-preserver-spaces=\"true\">trenchdiver<\/span><span data-preserver-spaces=\"true\"> stated. This shift could enable Pump.fun to extract more fees or implement rewards for its token holders.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">EXCLUSIVE : <a href=\"https:\/\/twitter.com\/pumpdotfun?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@pumpdotfun<\/a> is working on their own AMM liquidity pools, which is currently being tested on <a href=\"https:\/\/t.co\/nuir86gnkl\" target=\"_blank\" rel=\"nofollow\">https:\/\/t.co\/nuir86gnkl<\/a><\/p>\n<p>It seems they are planning to have pump tokens graduate to their own pools instead of Raydium so they can either extract more fees on Solana or have\u2026 <a href=\"https:\/\/t.co\/svmWfl6Rlt\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/svmWfl6Rlt<\/a><\/p>\n<p>\u2014 trenchdiver (@trenchdiver101) <a href=\"https:\/\/twitter.com\/trenchdiver101\/status\/1893814646718730393?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">February 24, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Supporting these claims, on-chain data from February 20 shows Pump<\/span><span data-preserver-spaces=\"true\">.fun<\/span><span data-preserver-spaces=\"true\"> adding its first test token, Snowfall (CRACK), to its AMM liquidity pool. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Named after the 2017 television series depicting the 1980s crack epidemic, the token\u2019s market cap skyrocketed to $5.4 million within an hour of trenchdiver\u2019s post, according to DEX Screener. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, the token experienced significant volatility, with its market cap dropping to $1.8 million after a 40% price decline.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Pump.fun has <\/span><span data-preserver-spaces=\"true\">yet <\/span><span data-preserver-spaces=\"true\">to officially confirm<\/span><span data-preserver-spaces=\"true\"> any AMM development plans<\/span><span data-preserver-spaces=\"true\">, but market reactions were swift. Tyler Warner, a podcast host, noted that Raydium\u2019s token \u201cfell off a cliff\u201d following the news, sliding 25% to $3.22 in 24 hours, as per CoinGecko data.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Meanwhile, RAY is currently trading at $3.09, down by over 28% in the past day. According to <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/timetotrade.eu\/raydium-ray-price-analysis-can-the-token-recover-after-a-sharp-decline\/\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">analysts<\/span><\/a><span data-preserver-spaces=\"true\">, if RAY fails to hold above the immediate support of $3.15, it may test the $3.00 level. Breaking below $3.00 could open the door for further declines toward $2.85.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/analysis\/crypto-forecast-best-crypto\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">10 Coins with High Returns: Crypto Forecast 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Solana Surpasses Ethereum As Top Ecosystem for New Developers<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">As reported, Solana\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/news\/solana-surpasses-ethereum-as-top-ecosystem-for-new-developers-in-2024\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">has<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><span data-preserver-spaces=\"true\">overtaken<\/span><span data-preserver-spaces=\"true\">\u00a0Ethereum<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0as the top destination for new developers in 2024, breaking Ethereum\u2019s eight-year dominance in\u00a0<\/span><span data-preserver-spaces=\"true\">the<\/span><span data-preserver-spaces=\"true\">\u00a0space.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Solana saw 7,625 new developers join its ecosystem this year, surpassing Ethereum\u2019s 6,456. The surge was driven largely by increased developer activity in Asia.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Solana\u2019s\u00a0momentum began in\u00a0<\/span><span data-preserver-spaces=\"true\">July,<\/span><span data-preserver-spaces=\"true\">\u00a0when it officially outpaced Ethereum in onboarding new developers for the first time since 2016. This trend continued through the remainder of 2024, with Solana\u2019s developer activity growing by 83%\u00a0<\/span><span data-preserver-spaces=\"true\">year over year<\/span><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Best New Cryptocurrencies to Invest in 2025<\/span><\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h3>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span data-preserver-spaces=\"true\">Raydium\u2019s token dropped 25% amid rumors of Pump<\/span><span data-preserver-spaces=\"true\">.fun<\/span><span data-preserver-spaces=\"true\"> developing its own AMM feature.<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span data-preserver-spaces=\"true\">Pump<\/span><span data-preserver-spaces=\"true\">.fun\u2019s<\/span><span data-preserver-spaces=\"true\"> potential AMM could undercut Raydium by retaining <\/span><span data-preserver-spaces=\"true\">memecoins<\/span><span data-preserver-spaces=\"true\"> in its ecosystem.<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span data-preserver-spaces=\"true\">Pump.fun has amassed over $500 million in fees since January 2024, reflecting rapid growth.<\/span>    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/raydium-token-plunges-as-pump-fun-eyes-competing-amm-feature-on-solana\/\">Raydium Token Plunges As Pump.fun Eyes Competing AMM Feature On Solana<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Raydium\u2019s token (RAY) suffered a sharp decline on February 24 amid growing speculation that memecoin launchpad Pump.fun is developing its own automated market maker (AMM) feature. The potential competition could challenge Raydium\u2019s dominance in Solana DEX services. The rumor emerged from X (formerly Twitter) user \u201ctrenchdiver,\u201d who claimed Pump.fun is testing AMM liquidity pools. This [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-14691","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/14691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14691"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/14691\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}