Raydium Market Cap Hits $356.69 Million (RAY)

Raydium (RAY) traded up 23.7% against the US dollar during the twenty-four hour period ending at 9:00 AM Eastern on September 9th. In the last seven days, Raydium has traded up 65.9% against the US dollar. One Raydium token can now be bought for $1.32 or 0.00001670 BTC on cryptocurrency exchanges. Raydium has a total market capitalization of $356.69 million and approximately $158.61 million worth of Raydium was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed in the last day:

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• 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 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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.
• CateCoin (CATECOIN) traded up 86.3% against the dollar and now trades at $0.0471 or 0.00000059 BTC.
• SolvBTC (SOLVBTC) traded 1.4% higher against the dollar and now trades at $79,486.26 or 1.00323167 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Raydium Token Profile

Raydium’s genesis date was February 21st, 2021. Raydium’s total supply is 554,997,540 tokens and its circulating supply is 269,538,780 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, “RAY is the native token of Raydium, a decentralised exchange and liquidity protocol built on Solana. Raydium supports several liquidity pool models, including AMM v4, CPMM and CLMM, as well as token launches through LaunchLab and access to perpetual futures via Orderly Network. RAY has a maximum supply of 555 million tokens and is used for staking, governance and as an asset in liquidity pools. Raydium also allocates 12% of trading fees from supported pool types to RAY buybacks. RAY holders can participate in limited token-based governance through Solana Realms. Raydium was launched in February 2021 by a pseudonymous team including AlphaRay, XRay, GammaRay, StingRay and RayZor.”

Buying and Selling Raydium

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 Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Raydium using one of the exchanges listed above.

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