Raydium (RAY) Falls 40% Amid PumpFun’s Automated Market Maker Rumors

Quick Summary:

This sudden price drop occurred after an on-chain sleuth stated that Pump.fun is developing an Automated Market Maker (AMM).

Raydium crypto price has fallen 40% over the last week showcasing bearish sentiment.

This incident caused a loss of $334 million in market capitalization and an increase in exchange supply.

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Article Details

Author / Journalist: Zayan

Category: Crypto

Markets: United Arab Emirates

Topics: Raydium Altcoin News Market Updates RAY

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-26 @ 08:20:42 (19 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 300 words

Reading Time: 2 minutes read

Sentences: 23 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 26457438

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 48 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 13 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #125

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