{"id":644526,"date":"2025-04-17T10:05:39","date_gmt":"2025-04-17T10:05:39","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=644526"},"modified":"2025-04-17T10:14:24","modified_gmt":"2025-04-17T10:14:24","slug":"raydium-challenges-solanas-pump-fun-with-launchlab-debut-as-ray-soars-10","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/raydium-challenges-solanas-pump-fun-with-launchlab-debut-as-ray-soars-10","title":{"rendered":"Raydium Challenges Solana’s Pump.Fun With LaunchLab Debut As RAY Surges 10%"},"content":{"rendered":"
RAY surged 10% after Raydium launched LaunchLab, a new meme coin creation platform aimed at challenging the dominance of Solana’s Pump.fun.<\/p>\n
The platform’s debut follows Pump.fun’s split with Raydium last month, when it launched its own DEX, PumpSwap<\/a>, cutting into the revenue of the prominent SOL-based automated market maker (AMM).<\/span><\/p>\n Top 24-hour performers (Source: <\/span>CoinMarketCap<\/span><\/a>)<\/span><\/em><\/p>\n The LaunchLab launch helped make RAY the top gainer among major cryptos on CoinMarketCap after the token’s surge in the past 24 hours took its weekly gain past 36%. It traded at $2.31 as of 1:10 a.m. EST.<\/span> <\/span><\/p>\n Raydium<\/span><\/a> said that its platform will provide meme coin creators with customizable bonding curves and no migration fees. Tokens that raise 85 Solana will also transition to Raydium’s AMM instantly.<\/span><\/p>\n 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 the AMM pool post-graduation.<\/span><\/p>\n Data from LaunchLab <\/span>shows<\/span><\/a> developers have flocked to the platform, with multiple new tokens created on the new launchpad already.<\/span><\/p>\n Introducing LaunchLab, Raydium's all-in-one token launchpad.<\/p>\n Built for Creators, Developers, and the Community 🫡https:\/\/t.co\/yZVzShVZSJ<\/a><\/p>\n More info ⬇️ pic.twitter.com\/r6s1DAegWf<\/a><\/p>\n — Raydium (@RaydiumProtocol) April 16, 2025<\/a><\/p><\/blockquote>\n<\/p>\n
Raydium Says New Tokens Can Be Launched For Free<\/h2>\n
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