Prior to the pump swap launch…
Every pump fun token migrated to @RaydiumProtocol
Now… the launch of Lets Bonk && LaunchLabs once again has me bullish on $RAY itself
Largely because of the volume, and fees accrued.
Now you probably are gonna ask… how is that bullish???
Well, it’s essentially the HyperLiquid playbook, fees go back to buying the token, and the data is bullish
- LaunchLabs has 10%+ of memecoin market share (this includes LetsBonk)
- lifetime buybacks over $125MILLION
- memes account for 64% of their fees generated
- It’s a flywheel, memecoin super cycle doesn’t die, Raydium only gets stronger.