๐๐๐๐ฌ๐จ๐ง ๐๐ก๐ฒ ๐๐๐ฒ๐๐ข๐ฎ๐ฆ ๐๐ฌ ๐๐ซ๐๐ฌ๐ก๐ข๐ง๐ ๐จ๐ป
#PumpFun is setting up their own liquidity pools, which is great for them but bad news for #raydium
This move could really hurt the Raydium's business.
They plan to charge higher fees and offer more rewards to their token holders, which has already caused the Raydium's price to drop sharply by 22.9% to $3.30.
$CRACK is the first test token added to the pool.
If PumpDotFun's pools are successful, they may not depend on Raydium anymore, weakening the partnership that helped #Raydium expand.
Raydium will need to add new features and come up with new ideas to keep up, maybe taking some tips from what the $JUP team has done.