Giá PUMPPUMP

An onchain sleuth posted evidence that pump fun was testing liquidity pools for its own AMM

Every bull market we see drops of 20-25% Right now we hit 20% Then pump if you’ve been here the last time Following the same pattern

EUR is pump and dump token today 😂

Pump.fun is currently testing an automated market maker (AMM) liquidity pool on its testnet. The platform aims to replace Raydium as its third-party liquidity supplier. According to blockchain researcher @trenchdiver101, this transition will enable a more efficient process for meme tokens to shift from Raydium to Pump.fun’s internal liquidity pool. If successful, the new AMM could allow Pump.fun to retain a larger portion of transaction fees. Additionally, the system may introduce a reward mechanism for token holders. As meme tokens continue to dominate decentralized exchange (DEX) volumes, this development could provide the platform with greater control over its liquidity operations. The decision to test an AMM coincides with a surge in meme token activity on decentralized exchanges. According to DeFiLlama data, Pump.fun has already processed over $500 million in total swap fees. Currently, around 1.4% of tokens launched on the platform eventually migrate to Raydium. Despite these advancements, Pump.fun faces challenges in maintaining liquidity stability for coins not associated with pump-and-dump schemes. The platform is working towards organic growth by fostering sustainable meme communities with long-term potential. Beyond liquidity improvements, Pump.fun has reinforced its security measures to prevent illicit transactions. Recently, the platform intercepted an attempt by a hacker connected to the $1.46 billion Bybit hack who sought to transfer stolen funds through its system. On-chain investigator ZachXBT reported that the hacker was using Pump.fun to trade meme coins, a common strategy in money laundering schemes. By blocking these transactions, the platform demonstrated its commitment to maintaining security and integrity within its ecosystem. Before Pump.fun intervened, the hacker had already transferred $1.08 million of the stolen funds across multiple blockchains, converting them into meme tokens. The attacker had launched a token named “QinShihuang” on Pump.fun, generating over $26 million in trading volume before their activity was halted DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

According to GMGN, in the past 24 hours, among the tokens launched from Pump Fun, only one token has a market value of more than $1 million. There are also several tokens that have reached more than $1 million in the past 24 hours, but they have all experienced a sharp drop.…