Raydium Market Cap Reaches $219.13 Million (RAY)

Raydium (RAY) traded 4.6% higher against the U.S. dollar during the one day period ending at 9:00 AM E.T. on September 1st. Raydium has a total market capitalization of $219.13 million and approximately $14.23 million worth of Raydium was traded on exchanges in the last 24 hours. One Raydium token can currently be bought for about $0.81 or 0.00001042 BTC on popular cryptocurrency exchanges. Over the last seven days, Raydium has traded up 4.4% against the U.S. dollar.

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

• 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.
• UZDT (UZDT) traded down 0% against the dollar and now trades at $1.00 or 0.00001282 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.
• SolvBTC (SOLVBTC) traded down 0.6% against the dollar and now trades at $77,814.47 or 0.99758610 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 554,997,570 tokens and its circulating supply is 269,538,780 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, “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 buy alternative cryptocurrencies such as Raydium directly using US dollars. Investors seeking to trade Raydium should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Raydium using one of the exchanges listed above.

RAY/USD price chart by TradingView