Raydium’s New LaunchLab: The Memecoin Factory You Didn’t Know You Needed! 💰🚀

So, Raydium, the DeFi platform that’s basically the cool kid on the Solana blockchain block, just dropped its own memecoin launchpad. Why? Because Pump.fun decided to ghost them last month. Ouch! 😬

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Introducing LaunchLab! This shiny new memecoin-making machine went live on April 16, and it’s like the IKEA of token creation—simple, customizable, and you might still end up with a few extra pieces you don’t know what to do with. 🛠️

With LaunchLab, you can whip up your own tokens faster than you can say “crypto crash.” It connects directly to Raydium’s liquidity pools, so your tokens can start trading before you even finish your morning coffee. ☕️ And if you raise at least 85 SOL (that’s about $11,150 for those of us who don’t have a PhD in crypto math), you’re automatically in the AMM club. Welcome to the deep end! 🌊

But wait, there’s more! LaunchLab offers flexible bonding curve options, a mere 1% trading fee, and zero migration costs. It’s like they’re trying to make it as easy as possible for developers and traders—because who doesn’t love a good deal? Over 10 projects have already jumped on the 85 SOL bandwagon, so clearly, the hype is real! 🎉

After the launch, Raydium’s native token RAY did a little happy dance, spiking about 13% to $2.41 before settling down to a more chill $2.32. It’s like the rollercoaster of crypto, folks! 🎢

And here’s the kicker: 25% of all trading fees from LaunchLab will be used to buy back RAY tokens. It’s like a little gift to the community, or maybe just a way to keep the RAY value from plummeting into the abyss. 🎁

Now, let’s rewind a bit. Back in March, whispers of Raydium working on a new token launch platform started circulating, right after Pump.fun decided to play solo with its own automated market maker. Talk about a breakup! 💔

Pump.fun, which had been using Raydium’s liquidity pools like a kid borrowing a pencil, launched PumpSwap on March 20. This new DEX supports all launchpad coins and offers instant, fee-free migrations. It’s like they’re saying, “Thanks for the memories, Raydium, but I’m moving on!”

Meanwhile, an anonymous Raydium developer was busy cooking up LaunchLab for months, but they kept it under wraps to avoid any awkward competition vibes with Pump.fun. Because who wants that drama? 🙄

According to the developer, LaunchLab isn’t meant to replace Pump.fun; it’s just a more user-friendly way for teams to create and manage tokens without starting from scratch. Kind of like a DIY kit for crypto enthusiasts! 🛠️

However, LaunchLab is still missing some of the community-driven features that Pump.fun offers, like live streaming. That feature became a bit of a hot mess due to some extreme antics, leading to its suspension in November 2024. But don’t worry, it’s back now with stricter rules—because we all know how much the internet loves a good moderation policy! 📺

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2025-04-17 12:40