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Pump (PMP) is a hypothetical token launched on Pump.fun, a platform on Solana designed for creating and trading meme coins. Pump.fun uses a bonding curve mechanism where, once a coin reaches a specific market cap threshold (typically around $69,000), it automatically migrates to Raydium. This migration happens because Pump.fun is structured to transition successful tokens to Raydium, a major decentralized exchange (DEX) on Solana, to provide deeper liquidity and broader trading access. The move ensures the token can be traded on a more established platform with an automated market maker (AMM) and order book integration, enhancing its visibility and potential for growth. Given this built-in mechanic, a token like Pump (PMP) from Pump.fun is virtually guaranteed to migrate to Raydium upon hitting the bonding curve target, assuming it gains enough traction.