👀 $RAY dumps 30%! But is $SOL really in trouble?
Quick breakdown of what's happening:
📉 Why RAY dropped:
- PumpFun building their own AMM
- No longer using Raydium (SOL's #2 DEX)
- Lost that sweet memecoin liquidity
🤔 But here's the thing about SOL:
- PumpFun still runs on Solana
- Traders still need SOL to trade
- Money ain't leaving the ecosystem
Real talk: This is just projects evolving, not ecosystem dying. Remember when everyone panicked about SUSHI forking from UNI? Yeah, same energy 😅
👀 Speaking of SOL and RAY...
Just spotted some juicy gaps on iFlux:
- RAY fixed price: 3.173
- SOL fixed price: 160.99
Compared to market:
RAY: $2.95
SOL: $159.19
Smart money already moving... 😉