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Raydium token dropped 30% due to rumors about a new AMM from pump.fun

umors about the launch of a proprietary automated market maker (AMM) for the pump.fun platform have caused a sharp drop in the RAY token. The platform could create competition for Raydium, leading to a decrease in trading volumes and exchange fees

Currently, the RAY price has dropped 26% in 24 hours and 37% over the week

Stay tuned for updates!

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