Raydium Price Up 4.6% Over Last Week (RAY)

Raydium (RAY) traded down 1% against the US dollar during the 1 day period ending at 10:00 AM Eastern on September 21st. One Raydium token can now be bought for about $1.59 or 0.00002512 BTC on exchanges. Raydium has a market cap of $418.68 million and $9.03 million worth of Raydium was traded on exchanges in the last day. Over the last week, Raydium has traded up 4.6% against the US dollar.

Here’s how similar cryptocurrencies have performed over 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 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 1.2% higher 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.
• Lumi Credits (LUMI) traded up 8.9% 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.
• MVP Coin (MVP) traded 0.5% lower against the dollar and now trades at $0.0397 or 0.00000063 BTC.
• P2P Solutions foundation (P2PS) traded up 1.9% against the dollar and now trades at $166.04 or 0.00262784 BTC.

Raydium Profile

Raydium was first traded on February 21st, 2021. Raydium’s total supply is 554,999,218 tokens and its circulating supply is 263,785,327 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.”

Buying and Selling Raydium

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 Changelly, Coinbase or GDAX. 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