Raydium Launches LaunchLab to Rival Pump.fun in Token Creation Tools

  • TL;DR Raydium launched LaunchLab to compete with Pump.fun, allowing token creation with immediate liquidity access and external fee configuration. 25% of the fees generated by LaunchLab are used to buy back RAY, boosting its price by 8% and pushing its market cap above $680 million. Pump.