Raydium (RAY) Trading 11% Lower Over Last Week

Raydium (RAY) traded 13.8% lower against the dollar during the 1 day period ending at 7:00 AM ET on April 7th. Raydium has a total market capitalization of $435.56 million and $75.80 million worth of Raydium was traded on exchanges in the last 24 hours. During the last seven days, Raydium has traded 11% lower against the dollar. One Raydium token can now be purchased for approximately $1.50 or 0.00001944 BTC on major exchanges.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded down 7.3% against the dollar and now trades at $76,799.83 or 0.99708735 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 7.5% against the dollar and now trades at $76,456.14 or 0.99262525 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Raydium Profile

Raydium launched on February 21st, 2021. Raydium’s total supply is 554,999,054 tokens and its circulating supply is 290,814,662 tokens. Raydium’s official Twitter account is @raydiumprotocol and its Facebook page is accessible here. Raydium’s official website is raydium.io/#.

According to CryptoCompare, “Raydium (RAY) is a distinctive automated market maker (AMM) built on the Solana blockchain. Unlike traditional AMMs, Raydium integrates with a central limit order book, ensuring faster, cost-efficient trades and shared liquidity. This unique architecture allows it to tap into the broader OpenBook ecosystem, enhancing liquidity and user experience. The platform was conceived by a pseudonymous team including figures like AlphaRay and XRay, who, motivated by the challenges in DeFi in 2020, launched Raydium in partnership with Serum in February 2021. The native token, $RAY, plays a central role in the ecosystem, facilitating trades, incentivizing user engagement, and supporting the AcceleRaytor initiative for new project launches.”

Raydium Token Trading

It is usually not possible to buy alternative cryptocurrencies such as Raydium directly using US dollars. Investors seeking to acquire Raydium should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Raydium using one of the aforementioned exchanges.

RAY/USD price chart by TradingView