Raydium Price Down 20% Over Last Week (RAY)

Raydium (RAY) traded 2.5% lower against the U.S. dollar during the twenty-four hour period ending at 11:00 AM Eastern on December 20th. Raydium has a market capitalization of $1.26 billion and approximately $163.49 million worth of Raydium was traded on exchanges in the last 24 hours. One Raydium token can currently be bought for approximately $4.34 or 0.00004451 BTC on exchanges. Over the last seven days, Raydium has traded down 20% against the U.S. dollar.

Here’s how other cryptocurrencies have performed over 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 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.
• SolvBTC (SOLVBTC) traded down 3% against the dollar and now trades at $97,016.06 or 0.99408337 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 4.4% lower against the dollar and now trades at $96,339.90 or 0.98715498 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 genesis date was February 21st, 2021. Raydium’s total supply is 554,999,182 tokens and its circulating supply is 290,888,824 tokens. Raydium’s official website is raydium.io/#. Raydium’s official Twitter account is @raydiumprotocol and its Facebook page is accessible here.

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 Bitcoin or Ethereum using an exchange that deals in US 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