Raydium Trading Up 9.4% Over Last Week (RAY)

Raydium (RAY) traded down 3.4% against the U.S. dollar during the one day period ending at 11:00 AM E.T. on December 16th. In the last seven days, Raydium has traded up 9.4% against the U.S. dollar. One Raydium token can now be bought for approximately $5.13 or 0.00004823 BTC on major cryptocurrency exchanges. Raydium has a market capitalization of $1.49 billion and $105.45 million worth of Raydium was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 3.4% against the dollar and now trades at $105,974.32 or 0.99723826 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 3.5% against the dollar and now trades at $105,529.39 or 0.99305134 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 down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Raydium

Raydium’s launch date was February 21st, 2021. Raydium’s total supply is 554,999,185 tokens and its circulating supply is 290,912,824 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 presently possible to buy alternative cryptocurrencies such as Raydium directly using U.S. dollars. Investors seeking to acquire Raydium should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Raydium using one of the aforementioned exchanges.

RAY/USD price chart by TradingView