Token Metrics Daily Podcast

SOL Wars: Pump Vs. Raydium Blood Fight 🩸🔫

Today's episode discusses several key events in the cryptocurrency market. It highlights the resilience of crypto despite traditional market dips and notes a potential shift toward risk-on assets, with specific altcoins showing strength. The chat also examines a controversial Hyperliquid trader, whose large profitable Bitcoin short and subsequent Ethereum long have sparked debate about their legitimacy. Furthermore, it details a brewing conflict on Solana, where Raydium is launching a competitor to Pump.fun's launchpad after Pump.fun announced its own AMM. Finally, we touch on various market-related news items and trends, including ETF flows, stablecoin dominance, and unusual incidents within the crypto space.