Raydium Price Plummets and INF Presale Nears $1 Million

Raydium Dips as Infinaeon Presale Nears $1M in Whale Buys

The Raydium price has taken a major hit following rumors that Pump.fun would be launching its own liquidity pools for graduating tokens. Arguably, the graduating tokens moving over to Raydium has been the decentralized exchange's biggest boon since its launch, as thousands of tokens have migrated over in the past few weeks alone.

The unexpected Raydium crash, based solely on a rumor, has brought into question the reliability of building an ecosystem purely on speculative meme coins. This has also given Infinaeon bulls another reason to be positive, as the Layer-2 ecosystem behind the INF token aims to provide many use cases beyond memecoins.

The Infinaeon presale appears to be considerably more resilient than some tokens like Raydium. It has continued to attract investment despite the market downturn, demonstrating the strength of its fundamentals and the appeal of its unique value proposition.

This article will delve into the recent Raydium price crash and explore the factors contributing to its decline. It will also examine the Infinaeon presale and discuss why it continues to attract traders despite the challenges faced by other projects.

Raydium Price Tumbles on Pump.Fun AMM LP News

Arguably, Raydium has been one of the biggest DEX success stories of the current bull run. It has led the Solana token rally by providing a valuable service that became heavily integrated with pump.fun through the bonding and liquidity provision processes.

Tokens launched on pump.fun often undergo a process where they are initially bonded and then, following a "graduation" phase, migrate their liquidity to Raydium. This has created a steady flow of new tokens and liquidity for Raydium, contributing to its growth and popularity.

However, recent news about a potential Pump.fun AMM and liquidity provider could cut Raydium out of this loop. If pump.fun launches its own platform for token bonding and liquidity provision, it could reduce its reliance on Raydium, potentially impacting the DEX's trading volume and overall success.

This news resulted in a Raydium price crash of over 30%, with the price plummeting from over $4 to well under $3. This sharp decline reflects the market's concern about the potential impact of pump.fun's move on Raydium's future prospects.

The pump.fun news has been devastating for Raydium bulls.

Infinaeon Layer-2 Deflationary Token Snapped Up By Presale Whales

The volatility of tokens built on the meme coin narrative and hype means that some whales are moving towards utility-based projects with comprehensive ecosystems like Infinaeon.

Infinaeon aims to tackle the limitations of the Ethereum network, such as high gas fees and network congestion, by providing a faster, cheaper, and more efficient platform for users and developers. Its Layer-2 scaling solution processes transactions off-chain, reducing the burden on the mainnet and enabling a smoother user experience.

The project's native DEX, Infinity Swap, and its cross-chain bridge are already live, demonstrating its commitment to delivering on its promises and building a robust ecosystem. These features enhance the platform's utility and attract users and developers.

 In addition, the INF token has a burn mechanism that means its supply will be deflationary. This approach contrasts with many other Layer-2 tokens that have a fixed or inflationary supply, potentially leading to dilution and downward pressure on the token's price.

The burn mechanism utilizes a portion of the gas fees collected on the Infinaeon network to buy back and burn INF tokens from the open market. This process effectively reduces the circulating supply, creating scarcity. The maximum supply will be 420 million tokens, and this figure will steadily decline as the network grows and activity increases.

Final Thoughts on Raydium and the INF Presale

The Raydium price chart looks bearish. The pump.fun news may not come to fruition, but it does show how vulnerable the token is to news about the site that has become so integral to Raydium's trading volume.

Whale activity on the INF presale appears to be driven by the comprehensive Layer-2 ecosystem and token burn mechanism. These features, combined with the project's low initial market cap and native DEX, have made Infinaeon a potential leader in the layer-2 niche.

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