Pump.fun’s AMM plans could disrupt Solana’s DeFi scene, threatening Raydium’s liquidity dominance and sparking a double-digit RAY price drop. Raydium’s native RAY token has taken a hit, nosediving by more than 29% after reports emerged that Pump.fun is developing its own automated market maker (AMM). If true, the move could...
Pump.fun User Mints 18,000 Meme Coins, Earns $3.76M
Despite abandoning most of their 18K meme coins, this Pump.fun user achieved a 55.57% win rate, netting $3.76 million. A Pump.fun user has apparently been mass-producing meme coins at an astonishing rate, creating nearly 18,000 tokens and amassing at least $3.7 million in profits. Blockchain data shows that the individual...
