Pump.fun Plans Decentralized AMM: Will it Challenge Raydium’s Dominance on Solana?

Rumors are circulating that the Solana-based launch platform, Pump.fun, is developing its own automated market maker (AMM). While no official statements have been made, blockchain researcher trenchdiver101 reports on private testing of this AMM, which has been spotted with a new liquidity pool under development: amm(.)pump(.)fun. Following the researcher’s post, the token CRACK saw a surge in value, reaching $5.4 million within an hour, according to DEX Screener. 🤯