Pumpfun的过山车 - 动荡的市场

加密货币市场是一个不断创新和波动性的领域，最近见证了“ pumpfun”现象的迅速崛起和随后的动荡。

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.’

加密货币市场充满了新的趋势和代币，已经看到了它的相当一部分。今年迅速获得动力的一种趋势是“ 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.

该术语代表“流动性提供商”，用于新硬币，这些硬币是由正在利用市场看涨势头的新投资者迅速泵送的。这些通常对短期收益感兴趣的投资者正在积极寻找有前途的项目来投入资金。

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，市场的苛刻现实，包括流动性排水和加密骗局的高发病率，对最初的兴奋已经消失了。

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，许多新投资者可能没有经验丰富，并且渴望利用市场的看涨年份，这是这些骗局的受害者。

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

在最近的开发项目中，以其Pumpfun活动而闻名的平台Pumpfun宣布推出自己的平台作为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.

鉴于过去几个月的新用户，交易收入和Pumpfun的数量大幅下降，这并不奇怪。

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宣布宣布启动LaunchLAB，这是一个基于Solana的分散交易所（DEX）和自动化的做市商（AMM），它利用其在Solana生态系统中的专业知识来创建一个平台，旨在解决现有Pumpfun平台的缺点。

The decision to launch LaunchLab was not made hastily.

启动LaunchLab的决定并未匆忙做出。

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.

根据Raydium的匿名核心开发商Infra的说法，该平台已经开发了几个月。但是，他们选择推迟发布，以避免任何与Pumpfun直接竞争的迹象。

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

该战略决策展示了Raydium对Solana生态系统的奉献精神及其为Pumpfun交易提供安全可靠的空间的目标。

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生态系统中的重大举动，该行动已经以其高交易速度和低费用而闻名。

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

Raydium以其在蓬勃发展的Solana Defi行业中的角色而闻名，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.

这项耗资1.26亿美元的Dex和AMM将由Solana充分支持，并承诺将获得最佳的交易体验。

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将配备交易者的高级功能，包括自动化的营销能力和流动性提供模块。这些功能旨在提高流动性并最大程度地减少滑倒，这是Pumpfun交易者通常会考虑的关键方面。

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

此外，制定发射列表的计划是为了应对Pumpfun Market面临的挑战。

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

该平台将非常重视透明度和安全性，对兽医项目实施措施并保护流动性。

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

在当今的加密货币景观中，骗局是一个严重的问题，LaunchLab将整合这些方面，以确保对交易者的更安全的交易环境。

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

该平台还将具有标准包含物，例如智能合同审核和社区治理。

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

尽管PumpFun市场今年引起了人们的兴趣，但它也看到了其湍流的相当一部分。

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

随着新投资者涌向看涨的势头，他们遇到了流动性流失和加密骗局的严峻现实。

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

市场迅速转向新的篇章，像Pumpfun这样的平台正在适应这些不断发展的动态。

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

令人惊讶的是，Pumpfun现在将启动自己的平台作为Raydium Pumpfun。

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

考虑到新用户的大幅下降，交易收入和Pumpfun的数量大幅下降，这一宣布并不奇怪。

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，尽管统计数据黯淡，但Pumpfun仍然是Pumpfun空间中的众所周知的名称，并且其存在证明了这种交易风格的韧性。

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.

作为Pumpfun的领先平台之一，Pumpfun已成为对这种快节奏和高风险交易策略感兴趣的交易者的首选目的地。

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

Pumpfun对Raydium Pumpfun的枢纽为该平台旅程中的新篇章发出了信号。

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

鉴于Pumpfun一直是由于表现不足而导致的关闭，这是一个有趣的发展。

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，最近宣布了一个新平台和与Raydium的合作关系表明，Pumpfun仍在强大并适应不断变化的市场需求。

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

这种合作伙伴关系将汇集两个平台的优势，以创造混合的pumpfun体验。

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

Raydium是Solana生态系统中的杰出参与者，因其在分散交易（DEX）技术方面的专业知识而广受认可。

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

该合作伙伴关系将发布新的基于Solana的DEX和自动化做市商（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.

这项新的合资企业将被命名为“ LaunchLab”，这将是Raydium在快速发展的Solana Defi空间中扩大其产品的努力的延续。

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

今年早些时候，两个平台都在积极开发自己的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的匿名核心开发商Instra宣布推迟Raydium Pumpfun，以避免对与Pumpfun进行直接竞争的感觉。

This decision was made to ensure the harmonious collaboration between the

做出的决定是为了确保