CRACK is suspected to be one of the test coins. According to AngryX data, the current market value is 3M, the transaction volume is 25M, and the coin holding addresses are 6095. The coin's 6-hour transaction volume ranks 5th in the entire chain.
It is worth noting that when promoting the Swap section, the official deployed more than one test coin. According to previous news, the community speculated that this function may replace Raydium as a third-party supplier. As a result, RAY fell by more than 24% in the past two hours and is now quoted at 3.22U.
Why did pump. fun enter Swap and snatch Raydium from its mouth? Is this the reason?
Data from DefiLlama shows that pump.fun's protocol fee revenue on February 23 was US$1.49 million, a 90% decrease from the historical peak, which occurred one month ago.
Yesterday's trading volume was approximately US$110 million, down 69.6% from the historical peak.
A community comment: There is not enough money to go around, and good brothers are starting to compete with each other.
However, in the first three months of 2025 alone, Pump has sold 1.235 million SOLs, worth approximately US$247.45 million.
