Big news in the world of crypto! Raydium (RAY), a place where people trade crypto on the Solana network, saw its price drop. This happened because of rumors that Pump.fun, another crypto project, might create its own trading system. This could take away some of Raydium's business.
- Pump.fun might build its own way for people to trade crypto.
- This could make Raydium less popular.
- The price of RAY dropped by about 25%.
- A new test crypto, CRACK, also saw big price swings.
| Crypto | Price Change | What Happened |
|---|---|---|
| RAY (Raydium) | Down 25% | Rumor of competition |
| CRACK (Test Token) | Big swings | Linked to Pump.fun |
