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RAY surged 10% after Raydium launched LaunchLab, a new meme coin creation platform aimed at challenging the dominance of Solana’s Pump.fun. The platform’s debut follows Pump.fun’s split with Raydium last month, when it launched its own DEX, PumpSwap, cutting into the revenue of the prominent SOL-based automated market maker (AMM). Top 24-hour performers (Source: CoinMarketCap ) The LaunchLab launch helped make RAY the top gainer among major cryptos on CoinMarketCap after the token’s surge in the past 24 hours took its weekly gain past 36%. It traded at $2.31 as of 1:10 a.m. EST.   Raydium Says New Tokens Can Be Launched For Free Raydium said that its platform will provide meme coin creators with customizable bonding curves and no migration fees. Tokens that raise 85 Solana will also transition to Raydium’s AMM instantly. The firm added that new tokens can be launched for free. Creators also have the ability to opt-in to earn 10% of trading ...

A closely followed crypto analyst says that one Ethereum (ETH)-based altcoin is gearing up for a massive rally while updating his outlook on Bitcoin (BTC). In a new strategy session, crypto trader Justin Bennett tells his 114,600 followers on the social media platform X that decentralized exchange (DEX) Curve Finance (CRV) looks primed to skyrocket by over 500%. “Unsure if we’ll even get the pullback first, but CRV looks ready for $6.80 while above $0.87.” Source: Justin Bennett/X CRV is trading for $1.11 at time of writing, a 2.7% decrease during the last 24 hours. A spike to Bennett’s target price of $6.80 would represent a 515% increase from its current level. Moving on to the top crypto asset by market cap, Bennett says that investors shouldn’t be surprised if BTC smashes through the $105,000-$106,000 price tag after it reached the six-figure milestone for the first time ever. “Six-figure Bitcoin!! Nice move off of new ...

The Solana price has surged past the bullish $241 target as volume on the network’s decentralized exchanges (DEXs) skyrockets amid a seemingly unstoppable meme coin mania. Layer 1 blockchain Solana’s price can reach $500 by year’s end as its speed and efficiency advantages over competitors like Ethereum continue to impact market positioning. If Solana can hold the break above the crucial $241 level, then the next target for bulls is $291, which is well into price discovery territory – the SOL all-time high is $259. It would be a steep climb to hit $500 by the end of the year, but even a shallower ascent would easily capture $350-$400 price range targets.  DEX daily volume on Raydium is more than double that of Ethereum-based Uniswap ($3.93 billion vs $1.45 billion), according to the latest DefiLlama data.    Solana Meme Coins Explode As Pump.Fun Market Cap Surpasses $8 Billion Behind the ...