{"id":50872,"date":"2025-04-17T11:24:29","date_gmt":"2025-04-17T11:24:29","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ray-surges-12-as-raydium-takes-on-pump-fun\/"},"modified":"2025-04-17T11:24:29","modified_gmt":"2025-04-17T11:24:29","slug":"ray-surges-12-as-raydium-takes-on-pump-fun","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ray-surges-12-as-raydium-takes-on-pump-fun\/","title":{"rendered":"RAY surges 12% as Raydium takes on Pump.fun"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<ul>\n<li>Raydium&rsquo;s native token, RAY, surged on Thursday, climbing 12% in 24 hours to extend gains above the $2.10 mark.<\/li>\n<li>Despite a slight pullback, RAY remains resilient above a critical level.<\/li>\n<li>Gains follow the market reaction to Raydium&rsquo;s launch of its memecoin launchpad.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/coinjournal.net\/raydium\/\">Raydium<\/a>&rsquo;s native token RAY extended its gains on Thursday, eking 12% as buyers held above $2.00.<\/p>\n<p>RAY&rsquo;s spike on April 16 saw a breakout from lows of $1.55, with bulls hitting highs of $2.45.<\/p>\n<p>While the decentralized exchange platform&rsquo;s token remains below recent highs, it hovers above a key level and more than 40% up in the past week.<\/p>\n<p>These gains come as Raydium finally <a href=\"https:\/\/twitter.com\/bonkbot_io\/status\/1912595720181256547\" target=\"_blank\" rel=\"noopener\">launches<\/a> its highly anticipated meme launchpad, bringing the fight to its biggest rival Pump.fun..<\/p>\n<h2>Raydium brings meme launchpad war to Pump.fun<\/h2>\n<p>Raydium is the leading decentralized exchange (DEX) on Solana.<\/p>\n<p>After its dominance was threatened by Pump.fun&rsquo;s PumpSwap launch, the DEX has responded, escalating rivalry with the unveiling of LaunchLab, a meme coin launchpad designed to rival Pump.fun&rsquo;s platform.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#9889;&#65039;LAUNCHLAB BY RAYDIUM IS LIVE&#9889;&#65039;<\/p>\n<p>trade any LaunchLab token via BONKbot for the SPEED that you CANNOT get anywhere else<\/p>\n<p>just paste the CA of any Launchlab token into BONKbot and start trading today!<\/p>\n<p>lets get this money <a href=\"https:\/\/t.co\/aErvVuainC\">https:\/\/t.co\/aErvVuainC<\/a><\/p>\n<p>&mdash; BONKbot (@bonkbot_io) <a href=\"https:\/\/twitter.com\/bonkbot_io\/status\/1912595720181256547?ref_src=twsrc%5Etfw\">April 16, 2025<\/a><\/p>\n<\/blockquote>\n<p>LaunchLab allows users to create tokens seamlessly while offering creators up to 10% of trading fees once their tokens complete the bonding curve and transition to Raydium&rsquo;s automated market maker (AMM) pool.<\/p>\n<p>The platform integrates directly with Raydium&rsquo;s liquidity pools, automatically migrating liquidity to the AMM once a token raises 85 Solana (roughly $11,000).<\/p>\n<p>Additionally, Raydium plans to allocate 25% of LaunchLab&rsquo;s fees to a buyback program for RAY, potentially bolstering the token&rsquo;s value.<\/p>\n<p>As noted, Raydium&rsquo;s move comes as Pump.fun, a key player in meme coin launches, recently introduced its own DEX, PumpSwap.<\/p>\n<p>LaunchLab&rsquo;s debut positions Raydium to capture this market share directly, intensifying the battle for meme coin dominance.<\/p>\n<h2>What&rsquo;s next for RAY?<\/h2>\n<p>Despite its recent rally, RAY remains below its all-time high.<\/p>\n<p>However, LaunchLab&rsquo;s launch could catalyze further gains.<\/p>\n<p>If bulls push past $3, a broader market uptrend could propel RAY toward $4, representing a potential 90% surge from its price at the time of LaunchLab&rsquo;s announcement.<\/p>\n<p>As Raydium redefines its role in the meme coin ecosystem, RAY&rsquo;s trajectory appears poised for significant growth.<\/p>\n<p>Contingent on sustained market optimism and LaunchLab&rsquo;s adoption, the upward momentum for RAY may yet have another leg.<\/p>\n<figure id=\"attachment_295282\" aria-describedby=\"caption-attachment-295282\" class=\"wp-caption alignnone\"><figcaption id=\"caption-attachment-295282\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/RAYUSD\/\" target=\"_blank\" rel=\"noopener\">RAY chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>RAY&rsquo;s daily chart above reveals strong technical support for continued upside.<\/p>\n<p>The Relative Strength Index (RSI) hovers in the overbought territory, indicating robust buying pressure but cautioning potential short-term consolidation.<\/p>\n<p>The Moving Average Convergence Divergence (MACD) shows a bullish crossover, with the signal line trending above the MACD line, reinforcing upward momentum.<\/p>\n<p>A break above $2.80 will allow bulls to target $4.20.<\/p>\n<p>The post <a href=\"https:\/\/coinjournal.net\/news\/ray-surges-12-as-raydium-takes-on-pump-fun\/\">RAY surges 12% as Raydium takes on Pump.fun<\/a> appeared first on <a href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/ray-surges-12-as-raydium-takes-on-pump-fun\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Raydium&rsquo;s native token, RAY, surged on Thursday, climbing 12% in 24 hours to extend gains above the $2.10 mark. Despite a slight pullback, RAY remains resilient above a critical level. Gains follow the market reaction to Raydium&rsquo;s launch of its memecoin [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":50873,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/50872"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=50872"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/50872\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/50873"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=50872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=50872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=50872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}