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Ray progressed 10% after Raydium launched Launchlab, a new meme coin creation platform aimed at challenging Solana.Fun's pump dominance.
The platform debut follows the split of pump.fun with Raydium last month, when it launched its own Dex, Pumpswap, which is cut off with the income of Known Sol-based Automated Market Maker (AMM).
Top 24 hours performer (Source: CoinMarketCap)
Launchlab launching has helped to make the leading acquisition of major cryptos in CoinmarketCap after the token climb over the past 24 hours the weekly acquired 36%took place. It was exchanged for $ 2.31 to 1:10 am est.
Raydium says new tokens can be launched for free
Raydium It is said that its platform will provide meme coin creators with customizable bonding curves and no transfer fees. The tokens above 85 Solana will also move to Raydium's AMM immediately.
The firm added that new tokens can be launched for free. Creators also have the ability to opt-in to earn 10% of trading fees from AMM pool post-graduation.
Data from launchlab Shut up The developers have filed the platform, with many new tokens created at the new launchpad.
Introducing Launchlab, Raydium's all-in-one token launchpad.
Built for creators, developers, and communities 🫡
Additional information ⬇️ pic.twitter.com/r6s1daegwf
– Raydium (@RayDiMPROTOCOL) April 16, 2025
Launching token at Pump.Fun Surge amid pumpswap trading volumes
As the battle for the Supremacy coin meme between the launchlab and pump.fun eating, the pump.fun records strong growth.
The platform activity and the pumpwap decentralized exchanges have been torn in recent days.
Data from dune analytics Shut up The day -to -day number of new tokens launched at the Pump.fun rose in the last few days after earlier decline.
The sun -the -day trade notes for pumpswap also damaged 5 days later, reached $ 460 million yesterday.
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