Pumpfun的過山車 - 動蕩的市場

加密貨幣市場是一個不斷創新和波動性的領域，最近見證了“ pumpfun”現象的迅速崛起和隨後的動盪。

The cryptocurrency market, a sphere brimming with new trends and tokens, has seen its fair share of fads come and go. One such trend that quickly gained momentum this year is ‘pumpfun.’

加密貨幣市場充滿了新的趨勢和代幣，已經看到了它的相當一部分。今年迅速獲得動力的一種趨勢是“ Pumpfun”。

This term, which stands for ‘liquidity provider,’ is used for new coins that are rapidly pumped up by new investors who are capitalizing on the market's bullish momentum. These investors, who are typically interested in short-term gains, are actively seeking out promising projects to pour their funds into.

該術語代表“流動性提供商”，用於新硬幣，這些硬幣是由正在利用市場看漲勢頭的新投資者迅速泵送的。這些通常對短期收益感興趣的投資者正在積極尋找有前途的項目來投入資金。

However, the harsh realities of the market, which include a liquidity drain and a high incidence of crypto scams, have chipped away at the initial excitement.

但是，市場的苛刻現實，包括流動性排水和加密騙局的高發病率，對最初的興奮已經消失了。

Unfortunately, many new investors, who may not be as experienced and are eager to capitalize on the market's bullish year, have fallen victim to these scams.

不幸的是，許多新投資者可能沒有經驗豐富，並且渴望利用市場的看漲年份，這是這些騙局的受害者。

In a recent development, Pumpfun, a platform known for its pumpfun activities, announced the launch of its own platform as a Raydium pumpfun.

在最近的開發項目中，以其Pumpfun活動而聞名的平台Pumpfun宣布推出自己的平台作為Raydium Pumpfun。

This comes as no surprise given the substantial decline in new users, trading revenue, and volumes at Pumpfun over the past few months.

鑑於過去幾個月的新用戶，交易收入和Pumpfun的數量大幅下降，這並不奇怪。

Announcing the launch of LaunchLab, a Solana-based decentralized exchange (DEX) and automated market maker (AMM), Raydium is leveraging its expertise in the Solana ecosystem to create a platform that aims to address the shortcomings of existing pumpfun platforms.

Raydium宣布宣布啟動LaunchLAB，這是一個基於Solana的分散交易所（DEX）和自動化的做市商（AMM），它利用其在Solana生態系統中的專業知識來創建一個平台，旨在解決現有Pumpfun平台的缺點。

The decision to launch LaunchLab was not made hastily.

啟動LaunchLab的決定並未匆忙做出。

According to Infra, the anonymous core developer at Raydium, the platform has been in development for several months. However, they opted to hold off on the launch to avoid any indication of direct competition with Pumpfun.

根據Raydium的匿名核心開發商Infra的說法，該平台已經開發了幾個月。但是，他們選擇推遲發布，以避免任何與Pumpfun直接競爭的跡象。

This strategic decision showcases Raydium's dedication to the Solana ecosystem and its goal of providing a safe and reliable space for pumpfun trading.

該戰略決策展示了Raydium對Solana生態系統的奉獻精神及其為Pumpfun交易提供安全可靠的空間的目標。

The launch of LaunchLab is a significant move within the Solana ecosystem, which is already recognized for its high transaction speeds and low fees.

LaunchLAB的推出是Solana生態系統中的重大舉動，該行動已經以其高交易速度和低費用而聞名。

Known for its role in the flourishing Solana DeFi sector, Raydium is taking another step forward with the introduction of LaunchLab.

Raydium以其在蓬勃發展的Solana Defi行業中的角色而聞名，他正在推出LaunchLab又一步。

This $126 million DEX and AMM will be fully powered by Solana, promising an optimal trading experience.

這項耗資1.26億美元的Dex和AMM將由Solana充分支持，並承諾將獲得最佳的交易體驗。

Moreover, LaunchLab will be equipped with advanced features for traders, including automated market-making capabilities and liquidity-provision modules. These features are designed to improve liquidity and minimize slippage, which are crucial aspects that pumpfun traders typically consider.

此外，LaunchLab將配備交易者的高級功能，包括自動化的營銷能力和流動性提供模塊。這些功能旨在提高流動性並最大程度地減少滑倒，這是Pumpfun交易者通常會考慮的關鍵方面。

Furthermore, the initiative to create LaunchLab was undertaken to address the challenges faced by the pumpfun market.

此外，制定發射列表的計劃是為了應對Pumpfun Market面臨的挑戰。

The platform will place a strong emphasis on transparency and security, implementing measures to vet projects and safeguard liquidity.

該平台將非常重視透明度和安全性，對獸醫項目實施措施並保護流動性。

In today's crypto landscape, scams are a serious concern, and LaunchLab will integrate these aspects to ensure a safer trading environment for traders.

在當今的加密貨幣景觀中，騙局是一個嚴重的問題，LaunchLab將整合這些方面，以確保對交易者的更安全的交易環境。

The platform will also feature standard inclusions such as smart contract audits and community governance.

該平台還將具有標準包含物，例如智能合同審核和社區治理。

While the pumpfun market has seen a surge in interest this year, it has also seen its fair share of turbulence.

儘管PumpFun市場今年引起了人們的興趣，但它也看到了其湍流的相當一部分。

As new investors flocked to capitalize on the bullish momentum, they were met with the harsh realities of liquidity drain and crypto scams.

隨著新投資者湧向看漲的勢頭，他們遇到了流動性流失和加密騙局的嚴峻現實。

The market is quickly pivoting towards a new chapter, and platforms like Pumpfun are adapting to these evolving dynamics.

市場迅速轉向新的篇章，像Pumpfun這樣的平台正在適應這些不斷發展的動態。

In a surprising turn of events, Pumpfun will now be launching its own platform as a Raydium pumpfun.

令人驚訝的是，Pumpfun現在將啟動自己的平台作為Raydium Pumpfun。

This announcement comes as no surprise given the significant decline in new users, trading revenue, and volumes at Pumpfun in recent times.

考慮到新用戶的大幅下降，交易收入和Pumpfun的數量大幅下降，這一宣布並不奇怪。

However, despite the bleak statistics, Pumpfun is still a well-known name in the pumpfun space, and its presence is a testament to the resilience of this trading style.

然而，儘管統計數據黯淡，但Pumpfun仍然是Pumpfun空間中的眾所周知的名稱，並且其存在證明了這種交易風格的韌性。

As one of the leading platforms for pumpfun, Pumpfun has become a go-to destination for traders interested in this fast-paced and high-risk trading strategy.

作為Pumpfun的領先平台之一，Pumpfun已成為對這種快節奏和高風險交易策略感興趣的交易者的首選目的地。

Pumpfun’s pivot to a Raydium pumpfun signals a new chapter in the platform's journey.

Pumpfun對Raydium Pumpfun的樞紐為該平台旅程中的新篇章發出了信號。

It is an interesting development, given that Pumpfun has been the subject of rumors regarding a pending shutdown due to the lackluster performance.

鑑於Pumpfun一直是由於表現不足而導致的關閉，這是一個有趣的發展。

However, the recent announcement of a new platform and partnership with Raydium suggests that Pumpfun is still going strong and adapting to the changing needs of the market.

但是，最近宣布了一個新平台和與Raydium的合作關係表明，Pumpfun仍在強大並適應不斷變化的市場需求。

This partnership will bring together the strengths of both platforms to create a hybrid pumpfun experience.

這種合作夥伴關係將匯集兩個平台的優勢，以創造混合的pumpfun體驗。

Raydium, a prominent player in the Solana ecosystem, is widely recognized for its expertise in decentralized exchange (DEX) technology.

Raydium是Solana生態系統中的傑出參與者，因其在分散交易（DEX）技術方面的專業知識而廣受認可。

The partnership will see the launch of a new Solana-based DEX and automated market maker (AMM).

該合作夥伴關係將發布新的基於Solana的DEX和自動化做市商（AMM）。

This new venture will be named "LaunchLab" and will be a continuation of Raydium's efforts to expand its offerings in the rapidly growing Solana DeFi space.

這項新的合資企業將被命名為“ LaunchLab”，這將是Raydium在快速發展的Solana Defi空間中擴大其產品的努力的延續。

Earlier this year, both platforms were actively developing their own pumpfun platforms.

今年早些時候，兩個平台都在積極開發自己的Pumpfun平台。

However, in March, Infra, the anonymous core developer at Raydium, announced the postponement of the Raydium pumpfun to avoid any perception of direct competition with Pumpfun.

但是，在3月份，Raydium的匿名核心開發商Instra宣布推遲Raydium Pumpfun，以避免對與Pumpfun進行直接競爭的感覺。

This decision was made to ensure the harmonious collaboration between the

做出的決定是為了確保