Raydium (RAY) Trading 4.9% Lower This Week

Raydium (RAY) traded up 2.4% against the US dollar during the 24-hour period ending at 18:00 PM Eastern on April 28th. Raydium has a total market capitalization of $423.56 million and approximately $9.22 million worth of Raydium was traded on exchanges in the last 24 hours. Over the last week, Raydium has traded down 4.9% against the US dollar. One Raydium token can currently be purchased for approximately $1.61 or 0.00002532 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded up 5.4% against the dollar and now trades at $0.30 or 0.00000469 BTC.
• 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.6% higher against the dollar and now trades at $0.0097 or 0.00000015 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Raydium Token Profile

Raydium’s launch date was February 21st, 2021. Raydium’s total supply is 554,999,299 tokens and its circulating supply is 262,751,279 tokens. Raydium’s official Twitter account is @raydiumprotocol and its Facebook page is accessible here. The official website for Raydium 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 presently possible to purchase alternative cryptocurrencies such as Raydium directly using U.S. dollars. Investors seeking to acquire Raydium should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Raydium using one of the exchanges listed above.

RAY/USD price chart by TradingView